Searcher announces strategic partnership with MGPalaeo for AUSTRALIS Well Database

PERTH, WA, 29 September 2020 – Searcher, a leading service provider of global multi-client geoscience products for exploration & production companies, today announced its strategic partnership with MGPalaeo to market its Australian wells database known as AUSTRALIS.

AUSTRALIS consists of revised and updated geological data for over 2,000 wells across the North West Shelf, Perth, and Otway basins, with additional basins to come.

The datasets incorporate standardised Biostratigraphic, Lithostratigraphic and Sequence Stratigraphic frameworks across all basins. In addition, AUSTRALIS includes Digital Logs, Checkshot & Deviation Data, Vitrinite Reflectance & Rock Eval Pyrolysis, plus Core Points.  DST & RFT Points are being added on an ongoing basis.

MGPalaeo continually and proactively review all available palynological data to improve its correlations and interpretations, and sedimentologists routinely update the database with direct observations from newly released cores, which are then used to enhance and refine AUSTRALIS.

Alan Hopping, VP of Searcher, said “By offering the AUSTRALIS geological well database alongside Searcher’s extensive seismic coverage we are able to provide a one stop shop for explorers looking for a comprehensive and consistent package”.

Marty Young, Co-Director of MGPalaeo, said “Pairing AUSTRALIS with seismic was the next logical step in our database’s evolution, so we’re extremely excited to be working with Searcher and seeing where this partnership takes us.”

The AUSTRALIS well database is available now and is available on demand via Searcher’s sAIsmic platform or licensed as a standalone product.

About MGPalaeo

MGPalaeo is a leading biostratigraphic and sedimentological service provider to the Australasian oil and gas exploration and production industry. In addition to proprietary projects, MGPalaeo offers both standalone and integrated regional palynological and sedimentological multi-client studies. MGPalaeo’s extensive AUSTRALIS database is a comprehensive data package for the geoscientist, providing consistent and up-to-date stratigraphic interpretations alongside other essential geological datasets.