TGS Initiates Groundbreaking OBN Survey to Enhance Data Intelligence
Innovative OBN Survey by TGS in the Gulf of America
TGS, a prominent player in energy data and intelligence, has kicked off an ambitious new multi-client Ultra-Long Offset Ocean Bottom Node (OBN) data acquisition campaign. This new survey, known as Amendment West-1, marks an important milestone as TGS expands its multi-client coverage in the Gulf of America, particularly within the East Breaks protraction area. This initiative is set to cover over 5,400 square kilometers, further solidifying TGS’s commitment to advancing energy exploration.
Understanding the Technology Behind Amendment West-1
At the core of this innovative survey is TGS' proprietary Gemini™ frequency source combined with their ZXPLRe™ nodes. The Gemini source is specifically engineered to produce a range of low-frequency energy that not only enhances deep penetration for geological insights but also maintains the high-frequency fidelity essential for traditional processing and imaging workflows. This dual capability is designed to yield more precise subsurface images, essential for uncovering the oil and gas potential of the Paleogene West play.
Boosting Subsurface Imaging with Advanced Techniques
The development of the Amendment West-1 dataset reflects TGS’s ongoing focus on improving subsurface imaging quality, particularly in the East Breaks area where the Paleogene play is gaining traction. As new subscription rounds for leases approach, this area is anticipated to attract significant operator interest due to advancements in production technology that have recently enhanced recoverable resources.
Seismic Data that Supports Exploration and Development
Leveraging state-of-the-art technologies like Elastic Full-Waveform Inversion (E-FWI) and Reverse Time Migration (RTM), TGS aims to deliver high-quality seismic data that supports both exploration and development efforts. Additionally, the integration of TGS's Crystal C wide azimuth streamer data with this survey promises to provide clients with an unparalleled level of insights into subsurface formations.
Project Timeline and Expectations
The deployment of nodes for Amendment West-1 began in mid-September, with the data acquisition expected to wrap up by mid-March. Initial product deliveries are slated for the second quarter of the following year. Notably, this project is backed by industry funding and was not included in TGS’s previously announced financial projections for the designated period.
CEO Kristian Johansen's Vision for TGS
Kristian Johansen, CEO of TGS, expressed enthusiasm about the capabilities of the Amendment West-1 OBN survey, stating that it builds on TGS’s prior successes in providing multi-client OBN services over existing wide-azimuth data in the Gulf of America. He highlighted the significant strides made in processing technology that are garnering attention in the industry. By deploying advanced seismic sources alongside top-tier imaging techniques, TGS aims to deliver exceptional value to its clients while facilitating crucial exploration efforts targeted at the Paleogene play.
About TGS and Its Commitment
TGS is dedicated to delivering cutting-edge data and intelligence to companies within the energy sector. Boasting an extensive range of technology solutions that encompass the entire energy value chain, TGS provides valuable insights to help clients make informed decisions. With their robust data technologies and an extensive energy data library available globally, TGS positions itself as a trusted partner for those engaged in the exploration and production of energy resources around the world.
Frequently Asked Questions
What is the Amendment West-1 survey?
The Amendment West-1 survey is a multi-client Ultra-Long Offset Ocean Bottom Node data acquisition campaign designed to enhance seismic data quality in the Gulf of America.
How does TGS's Gemini technology benefit the survey?
The Gemini technology provides enhanced low-frequency energy for deeper geological insights while retaining the high-frequency components necessary for traditional seismic imaging.
When is the expected completion date for the data acquisition?
Data acquisition for the Amendment West-1 survey is projected to conclude by mid-March and the initial product delivery is scheduled for the second quarter of the following year.
What role does TGS play in the energy sector?
TGS delivers advanced data and intelligence solutions that cater to companies involved in energy exploration and production, helping them make better-informed decisions.
Who can I contact for more information about TGS?
You can reach out to Bård Stenberg, VP IR & Business Intelligence, at +47 992 45 235 or via email at investor@tgs.com for more information.
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