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TGS Announces Expansion of 3D Project Offshore Argentina

Source: www.gulfoilandgas.com 11/20/2019, Location: South America

TGS announced an expansion of the Malvinas 3D multi-client seismic program offshore Argentina.

The Malvinas 3D seismic survey will now cover approximately 17,800 square kilometers of the highly prospective Malvinas Basin. This expansion represents a 10,500 square kilometer increase from the previously announced 7,300 square kilometers. To accommodate the expansion, the survey will employ two Shearwater vessels, with operations set to commence in Q4 2019 and run until Q2 2020. Initial products will be available in early 2021, with final products slated for H2 2021. The data will be processed by TGS utilizing its high-quality imaging technologies to provide clients with high resolution imaging to greatly assist exploration efforts in the prolific southern Argentine shelf play.

Kristian Johansen, CEO at TGS, commented, “We are delighted to announce the expansion of the Malvinas 3D project. The increased commitment from clients to fund new projects offshore Argentina demonstrates the value that E&Ps place in seismic as a vital tool to make informed drilling decisions. The addition of the Malvinas 3D survey, combined with our well data, 2D seismic and interpretation products in the region, ideally positions TGS as a leader in exposing this frontier area for additional exploration and bolsters our growth strategy in the Southern Atlantic. We look forward to further expanding our data library in the region and partnering with E&Ps in their future developments.”

Seismic survey News in Argentina >>

Papua-New Guinea >>  1/15/2020 - Searcher Seismic is pleased to announce the expansion of its modern offshore data library with the completion of the Gulf of Papua Prospectivity Study...
United States >>  1/14/2020 - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced it has completed the purchase of four ...

Cyprus >>  1/9/2020 - Seabird announces a Letter Of Award for a 3D survey in Asia. The survey commences at the end of Q1 and is expected to be completed in Q2 this year. ...
Gambia >>  1/7/2020 - Shearwater GeoServices Holding AS (Shearwater) has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia Ltd (FAR). ...

United Kingdom >>  12/30/2019 - Reference is made to notifications from Axxis Geo Solutions ASA (AGS) dated 23 September and 17 December 2019 concerning a Letter of Intent for a proj...
United States >>  12/19/2019 - TGS has completed a transaction to purchase over 800 square miles of onshore 3D seismic surveys from a U.S. based E&P company. The data is available f...

Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


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