TGS announces first multi-client 3D program in Newfoundland-Labrador

June 15, 2015

ASKER, Norway -- TGS has announced a new multi-client 3D survey offshore Eastern Canada, with plans to acquire approximately 6,000 km2 of seismic data. This survey is in partnership with PGS.

The survey will be acquired utilizing PGS GeoStreamer technology in two areas: the Eastern Newfoundland Orphan basin and South Labrador. Data acquisition will commence during this year’s summer season.

Pre-processing of the initial GeoStreamer signal will be performed by PGS, following which TGS will perform data processing, with final data available to clients mid-2016.

"TGS is excited to announce its first 3D project in this region, building upon our extensive knowledge derived from the multi-year 2D programs, acquired in partnership with PGS. This project will provide valuable data to exploration companies to further de-risk prospects in the Areas of Interest (AOIs) previously released by Canada's Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB)," Katja Akentieva, Statoil's senior V.P., Western Hemisphere, said.

This project is supported by industry funding.

Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.