TGS Commences Acquisition of Pelotas 2D Multi-client

Source: www.gulfoilandgas.com 5/11/2021, Location: South America

TGS, a global provider of energy data and intelligence, today announced that it has commenced acquisition of Pelotas 2D multi-client phase 3 offshore Brazil.

The survey located in the Pelotas Basin covers approximately 17,000 line kilometers and works as an extension of the existing TGS Pelotas 2D. This survey is designed to provide high quality 2D data that will enhance geological understanding of the area allowing clients to de-risk investments in future bid rounds, such as the upcoming Round 17.

"We’re pleased to commence Phase 3 of this survey – further strengthening our data library and position offshore Brazil. We are proud to provide time-sensitive data ahead of Round 17 while continuing to build a contiguous and regularized 2D grid along the Atlantic Margin. Early outs will be ready in two tranches (June and July 2021) to allow our clients to analyze the data well ahead of the upcoming license round,” commented David Hajovsky, EVP of Western Hemisphere, at TGS.

TGS currently holds over 447,500 kilometers in 2D multi-client data and 69,500 square kilometers in 3D multi-client data in Brazil.


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