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.”


Nigeria >>  6/21/2022 - PGS is awarded a significant acquisition contract, consisting of several 4D surveys, by an international oil company offshore West Africa. Acquisition...
Norway >>  6/20/2022 - The NOAKA Ocean Bottom Node (OBN) seismic survey in the Northern North Sea on the Norwegian Continental Shelf has been extended until 2021, according ...

Norway >>  6/17/2022 - Electromagnetic Geoservices ASA ("EMGS" or the "Company") has secured approximately USD 1.4 million in revenue from late sales and USD 1.2 million in ...
United Kingdom >>  6/15/2022 - TGS has announced a seismic licencing agreement with Orcadian Energy, a low-emissions North Sea oil and gas development business. Orcadian will receiv...

Australia >>  6/14/2022 - Schlumberger Australia Pty Limited (SLB) is proposing to acquire the Bonaparte Multiclient 3D Marine Seismic Survey (the Seismic Survey) in the Bonapa...
United Kingdom >>  6/8/2022 - Pearl, a substantial advancement in ocean bottom nodal technology with multiple industry-first features, has been launched by Shearwater GeoServices (...

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 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.