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TGS Acquires U.S. Onshore 3D Seismic Survey Assets

Source: www.gulfoilandgas.com 12/19/2019, Location: North America

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 for licensing immediately.

This transaction supports TGS’ onshore growth strategy with the addition of key surveys, most notably in the SCOOP-STACK of the Anadarko Basin, Powder River Basin, and Permian Basin. Furthermore, this purchase complements TGS’ leading seismic data offering in the onshore United States and offers operators a more comprehensive onshore seismic library from which to enhance their exploration efforts in significant hydrocarbon-bearing basins.

Kristian Johansen, CEO at TGS commented, “These new datasets strengthen our position in core areas of onshore US and expand our library coverage in new prospective areas. In combination with our extensive library of enhanced well data products, including log reconstruction via machine learning (ARLAS), we continue to offer the most complete subsurface data to shale players in the US.”

Seismic survey News in United States >>

Norway >>  4/2/2020 - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced that it will be commencing the Atlanti...
Argentina >>  4/1/2020 - Searcher is pleased to announce it has completed the reprocessing of an additional 8,008 kms of 2D seismic data offshore Argentina as part of the Arge...

United Arab Emirates >>  4/1/2020 - Polarcus Limited announces the award of an XArray™ 3D marine seismic acquisition project in North West Europe commencing in Q2 2020 with a duration of...
Canada >>  3/31/2020 - Marine geophysical company PGS and joint venture partner TGS announce the release of final 3D seismic data results offshore Newfoundland and Labrador,...

Unknown >>  3/25/2020 - Searcher is pleased to announce that it has reached a marketing and sales agreement with Timor-Leste’s Petroleum Authority, Autoridade Nacional Do Pet...
United Kingdom >>  3/23/2020 - TGS has completed, on-time, the processing of its Erlend Wild West multi-client 3D seismic survey west of Shetland. This data, which offers an enhance...

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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