TGS Provides 2014 Investment Visibility with Three New Multi-client Seismic Surveys
HOUSTON (23 October 2013) – TGS announces three new multi-client surveys; a 3D survey in the Atwater Valley area of the central Gulf of Mexico, 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 Gulf of Mexico expands upon the previously announced survey. Upon completion, the survey will total more than 6,667 km2 of seismic data in this frontier area of the Gulf of Mexico. Data processing will be performed by TGS using Clari-FiTM technology, a proprietary broadband processing technique. Final data will be available to clients in Q4 2014.
Pendryl, a new 3D multi-client onshore survey covering 320 km2 in Central Deep Basin in Alberta, Canada will expand TGS’ existing coverage in the emerging Duvernay play. The survey is located 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 Q1 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 Q3 2014.
All three surveys are supported by industry funding.
TGS Announces 3D Multi-client Onshore Survey in South Central Alberta, Canada
TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, announces a new 3D multi-client onshore survey, Three Hills East, covering 150 km2 (58 mi2) in the south central plains of Alberta, Canada.
The Three Hills East survey is designed to evaluate multiple zones from the Devonian (Nisku), the Mississippian (Banff and Pekisko), and the Cretaceous (Ellerslie and Ostracod) in the newly emerging Duvernay play. The survey’s optimal acquisition parameters, enhanced imaging and rock property assessments will provide even greater assistance with the placement of horizontal wells in this highly prospective area.
Permitting is underway and data acquisition is expected to commence in September 2013. The seismic data will be processed by Arcis and final data will be available to clients Q4 2013.
The survey is supported by industry funding.
Arcis Seismic Solutions Announces Leadership Change
Effective May 1, 2013, Brad Torry is appointed the Director of Geosciences Western Hemisphere for TGS. Brad will lead the Western Hemisphere geoscience team in the assessment of prospectivity throughout the region in support of new project development and promotion of the existing TGS data library, as well as, increase the TGS technical brand in the geosciences community. Brad will relocate from Calgary to the Houston headquarters.
Katja Akentieva is promoted to the position of Managing Director, Arcis and North America Arctic. She is responsible for directing and managing the Arcis and North America Arctic business unit.
Arcis/TGS Chukchi Sea Multi-Client 2D Seismic Survey Seeks Participation
Arcis/TGS seeks participation in our proposed 2013 Chukchi Sea 2D program offshore NW Alaska.
Please contact your Arcis/TGS representative at 403-781-1700 firstname.lastname@example.org.