TGS announces new Brazilian seismic acquisition projects

11/18/2020

OSLO- TGS has commenced the Malvinas 3D program in Argentina. The BGP vessel Prospector will acquire approximately 5,000 square kilometers, which will bring the total coverage in the area to 18,000 square kilometers. The survey is supported by industry funding and expected to be completed in Q1 2021.

In addition, the company announces two new projects offshore Brazil.

TGS will mobilize the COSL vessel HYSY720 to commence acquisition of the Espirito Santo 3D survey by year-end. This is a Dual Azimuth (DAZ) survey covering a 1,400 square kilometers area in the Espirito Santo Basin. The vessel is currently in transit to Brazil and acquisition is expected to be completed by the end of Q1 2021. The survey is supported by industry funding and carried out in partnership with COSL.

Furthermore, TGS plans to commence a 7,000 km 2D Survey in the Pelotas Basin during Q1 2021. The Pelotas 2D program will have depth imaged products available in early Q3 2021, in time for the 17th Brazil license round. The new data set will complement the existing TGS 2D data coverage in the area and allow for better prospect mapping. The survey will be acquired in partnership with BGP, using its vessel Pioneer.

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