EGI in collaboration with industry sponsors and 12 identified research partners will generate new data and utilize a vast array of DSDP-ODP-IODP, COST (Continental Offshore Stratigraphic Test) and commercial well data to synthesize the stratigraphy and petroleum systems of the Central and North Atlantic Ocean. This will be done by an iterative process of revising existing age models and paleoenvironmental interpretation, followed by rigorous petroleum systems analyses and integration of new data generated by this research project. A key component of this project will be the integration of an extensive EGI database of over 10 previous studies carried out in the region and the inclusion of well data from multiple governmental bodies (e.g., United States Geological Survey) in the synthesis.
The main impact of this project lies in re-evaluating DSDP-ODP-IODP data comprising multiple vintages and inconsistent standards over the years, into an updated time scale (Geologic Time Scale 2012), combined with novel analytical techniques in petroleum geochemistry (e.g., HAWK pyrolysis instrumentation). The track record established in Region 1 (South Atlantic) will expand into Region 2 (Central and North Atlantic) with an efficient skills, workflow and dataset, that will assist sponsoring companies in multiple license round bids in the Central and North Atlantic Margin.
Significant license rounds have been announced within the forthcoming 1-6 years by various governments, who in many cases, operate a tax of royalty regime. This research project is therefore a timely opportunity to leverage critical well data and analysis in advance of evaluating new acreage in the region.
The world-class data combined with EGI’s formidable expertise in chronostratigraphy and geochemistry will enable an informed integration of the carefully selected Central and North Atlantic Ocean basins on a robustly linked ArcGIS platform.
Delimited by the Sierra Leone Fracture Zone in the south, and the Newfoundland Azores Fracture Zone (NAFZ) in the north. Includes conjugate margins of the east coast of the USA and West Africa (Morocco to Senegal).
Delimited by the NAFZ in the south, and the Davis Strait/Greenland Iceland Faroe Rise in the north. Including key areas of offshore eastern Canada (Scotian Margin, Newfoundland & Labrador Sea) and its conjugate in the Rockall/Porcupine Trough, Iberia and Bay of Biscay, this is a subsequently rifted segmented of Jurassic age dominated by Upper Jurassic (Kimmeridgian) source rocks.