TGS Enhances Exploration Capabilities in Brazil with New Survey
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TGS Enhances Exploration Capabilities in Brazil with New Survey
OSLO, Norway – TGS, a prominent provider of energy data and intelligence, is excited to declare the initiation of the PAMA 3D Phase 1 Survey within the Equatorial Margin of Brazil. This expansive survey encompasses an area of 19,343 square kilometers, incorporating more than 25 prospective exploration blocks in the Pará-Maranhão Basin, recognized as one of the world's largest unexplored and high-potential basins.
Survey Significance and Scope
The PAMA 3D Phase 1 Survey marks an important enhancement in TGS’ data coverage for this promising region. It builds upon earlier 3D surveys that have spanned over 60,000 square kilometers. The Equatorial Margin has gained significant attention from industry players due to the remarkable exploration successes in neighboring regions such as Guyana and Suriname, leading to new exploration activities in northern Brazil. These initiatives specifically aim at identifying reservoir-quality sands within deepwater fan systems, which originate from the Amazon River’s drainage, across a variety of geological structures, ranging from stratigraphic pinch-outs at the paleo-slope edge to anticline formations within the fold-and-thrust belt along the margin.
Expert Insights on the Exploration Potential
Kristian Johansen, CEO of TGS, stated: “The Equatorial Margin is one of the most thrilling exploration frontiers today. Through the PAMA 3D Phase 1 survey, TGS is committed to supplying essential data to the industry, enabling exploration and unlocking the potential of this underexplored area. This survey highlights TGS’ capabilities across the entire value chain. Not only do we develop and own this survey, but we also utilize our advanced streamer vessels for data acquisition along with our proprietary imaging technology. Ultimately, the insights garnered will be accessible to our clients via TGS's data management solutions.”
Addressing Geological Challenges
This cutting-edge 3D seismic dataset is designed to tackle imaging difficulties presented by the complex geology of the region, providing critical insights that can facilitate future exploration endeavors.
Industry Support and Commitment
The survey is backed by industry funding and reinforces TGS' dedication to delivering premier data solutions to the energy sector.
For further details regarding TGS and its collaborative projects, please visit www.tgs.com.
About TGS
TGS is at the forefront of delivering advanced data and intelligence to entities engaged in the energy sector. With state-of-the-art technology and solutions that span the entire energy value chain, TGS provides a broad spectrum of insights that empower clients to make informed decisions. The company's extensive range of products, combined with cutting-edge data technologies and a vast, diverse energy data library, establishes TGS as a reliable partner to support the exploration and production of energy resources globally.
Contact Information
Bård Stenberg
IR & Communication
investor@tgs.com
Frequently Asked Questions
1. What is the PAMA 3D Phase 1 Survey?
The PAMA 3D Phase 1 Survey is an extensive seismic data gathering project initiated by TGS in the Equatorial Margin of Brazil, covering an area of 19,343 square kilometers.
2. Why is the Equatorial Margin significant for exploration?
The Equatorial Margin is considered highly prospective due to its unexplored nature and the successful exploration activities noted in nearby regions like Guyana and Suriname.
3. What are the main goals of the PAMA 3D Phase 1 Survey?
The primary objectives are to enhance data coverage, provide valuable geological insights, and support future exploration efforts in a complex geological environment.
4. How does TGS handle data acquisition for the survey?
TGS employs its own high-end streamer vessels for data acquisition, ensuring quality and comprehensive coverage throughout the exploration process.
5. Who should be contacted for more information about TGS?
For more information, individuals can reach out to Bård Stenberg via the email address investor@tgs.com.
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