TGS to release three new multi-client seismic surveys

10/23/2013

TGS to release three new multi-client seismic surveys

HOUSTON -- TGS is undertaking three new multi-client surveys: a 3D survey in the Atwater Valley area of the central GOM; a 3D onshore survey in Alberta, Canada; and a 2D survey offshore Newfoundland.

The Francisco 3D multi-client survey in the Atwater Valley area of the central GOM expands upon the previously announced survey. Upon completion, the survey will total more than 6,667 sq km of seismic data in this frontier area of the GOM. Data processing will be performed by TGS using Clari-Fi technology, a proprietary broadband processing technique. Final data will be available to clients in fourth-quarter 2014.

Pendryl, a new 3D multi-client onshore survey covering 320 sq km in Central Deep basin in Alberta, Canada, will expand TGS’ existing coverage in the Duvernay play. The survey is southwest of Edmonton and is designed to evaluate multiple zones from Cretaceous to Devonian, including currently producing formations such as Cardium, Glauconite, Nordegg, Pekisko and Duvernay. The seismic data will be processed by TGS’ Calgary-based subsidiary, Arcis Seismic Solutions, and final data will be available to clients late first-quarter 2014.

The Northeast Newfoundland Shelf 2D survey, covering 5,000 km, expands on the previously announced survey offshore Newfoundland. Upon completion, the survey will cover 25,000 km in this region of prolific oil discoveries, including Hibernia, Terra Nova, Hebron, White Rose, and the more recent Mizzen, Harpoon and Bay du Nord discoveries. The survey will be acquired in partnership with PGS, and utilizes PGS GeoStreamer technology. Final data will be available to clients during third-quarter 2014.

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