Total SA continued to offer up to 35% working interest in SC 56, offshore Sulu Sea (Sandakan) Basin, as of early September 2018. The exploration phase block SC 56 is valid through 31 August 2020 with one commitment well. On 3 August 2016, the operator has fulfilled the service contract commitment for 2D seismic survey to further evaluate the block prospective.  Total has selected and matured a deepwater prospect - Halcon. The prospect, captured by 3D seismic data acquired in 2013, is situated at a water depth of around 3,000 m. The prospect is a Miocene turbidite deposit trapped in a fault bounded 3-way dip closure against the most distal thrust fault of the compressive domain.    On 16 June 2016, approximately 2,300 km of 2D seismic data was acquired through the âCarabao 2D Multi-Client 2016 Surveyâ to support the drilling plan for the Halcon prospect. The data was acquired using the âBinh Minh 02â vessel and the processing of the 2D data is ongoing.   Block SC 56 contains existing gas discoveries, Dabakan 1 and Palendag 1 (estimated 130 MMboe resources + 130 MMboe prospective resources), which are ready for tie-back development. Total SA has 75% operating interest and partner Jadestone Energy (formerly Mitra Energy) has 25% interest.    Two large follow-up prospects, Sulibao and Gangsa, are currently defined by 2D lines and are estimated to contain 4-5 Tcf of prospective resources. Multiple follow-up turbidite prospects of similar style to Halcon are in the basinal domain.    Interested parties are invited to contact Total for further details:  Francois Borgida   VP New Business Advisor  francois.borgida@total.com     331 North Bridge Road, #12-03 Odeon Towers, Singapore 188720  Telephone: +65 6879 7900  Background Information    Total SA is the new operator of block SC 56 after the Department of Energy approved the transfer of operatorship from Mitra to Total SA. Effective date was on 25 October 2014. Approval was likewise granted for the extension of the exploration period for five years, starting from 31 August 2015 to 31 August 2020.     Mitra Energy previously completed a 540 sq km 3D seismic survey in SC 56 on 13 February 2013. The survey commenced on 27 January 2013 and was conducted using WesternGecoâs âWestern Patriotâ vessel. This survey covered the basin floor portion to assess its prospectivity. Aside from this 3D seismic acquisition campaign, re-processing of 2D and 3D seismic data was conducted since late 2012.     Total farmed-in to SC 56 in 2012, acquiring 75% interest plus operatorship from Mitra. The agreement was announced on 23 August 2012 and it was granted government approval on 8 October 2012. Mitra was to conduct seismic re-processing and acquire 500sq km 3D seismic data. Operatorship would then be transferred to Total for the drilling operations. A three year extension in the exploration phase was previously granted for the block, effective on 1 September 2012.    Four new-field wildcats (Dabakan 1, Banduria 1, Palendag 1A and Babendil 1) in the toe-thrust area were drilled by former operator ExxonMobil from from October 2009 to October 2010 using the 'West Aquarius" S/S and these fulfilled the minimum commitments for the remaining exploration sub-phases. Dabakan 1, Palendag 1A and Babendil 1 targeted stacked Miocene turbidites in toe-thrust structures. These were announced as gas discoveries but quantities were deemed to be non-commercial by ExxonMobil. Banduria 1 tested channel turbidites in a stratigraphic trap and it only encountered hydrocarbon shows.
Total SA continued to offer up to 35% working interest in SC 56, offshore Sulu Sea (Sandakan) Basin, as of early September 2018. The exploration phase block SC 56 is valid through 31 August 2020 