TGS continues to build backlog with three new multi-client surveys
ASKER, Norway -- TGS has announced three new multi-client surveys; a 3D survey offshore Australia, a 2D survey offshore New Zealand and a 3D survey in the West of Shetland region.
Nerites Season 2 is the largest 3D survey TGS has acquired to date in the Asia Pacific region and will cover 13,000 sq km in the Great Australian Bight. The project represents the second season of the Nerites 3D seismic program commitment over blocks EPP44 and EPP45, which are mainly located in the Bight' s deepwater Ceduna sub-basin. Upon completion of this survey, the TGS total portfolio of 3D multi-client coverage offshore Australia will exceed 43,000 sq km. Data acquisition is expected to commence in Q4 2014 or Q1 2015 and will be acquired by Dolphin Geophysical. Data processing will be performed by TGS using its proven proprietary broadband technology, Clari-Fi, and final data will be available to clients in Q2 2016.
In the same Asia Pacific region, TGS has commenced the regulatory approval process to undertake a 17,000 sq km 2D multi-client survey within the Reinga, Northland and Taranaki basins, offshore Northwest New Zealand. Subject to regulatory approvals, the survey is proposed to commence Q4 2014 and run to Q2 2015. Data will be acquired by the M/V Aquila Explorer and data processing will be performed by TGS.
TGS will finalize the 2014 European acquisition season with a new 3D survey West of Shetland covering 900 sq km. This survey will tie into TGS' existing 3D library in the region, bringing the total volume of recent TGS 3D data in the area to more than 18,400 sq km. The seismic data will be acquired by the M/V Naila towing 12 streamers at 6,000 m cable length. Data processing will be performed by TGS using its proven proprietary broadband technology, Clari-Fi, and final data will be available to clients in Q2 2015.