TGS Enhances Exploration Capabilities in Brazil with New Survey
OSLO, Norway – TGS, a leading provider of energy data and intelligence, is thrilled to announce the launch of the PAMA 3D Phase 1 Survey in Brazil's Equatorial Margin. This extensive survey will cover an area of 19,343 square kilometers and includes over 25 promising exploration blocks in the Pará-Maranhão Basin, which is known to be one of the largest unexplored basins with high potential globally.
Survey Significance and Scope
The PAMA 3D Phase 1 Survey represents a significant advancement in TGS' data coverage for this exciting region. It builds on previous 3D surveys that have already covered more than 60,000 square kilometers. The Equatorial Margin has attracted considerable interest from industry stakeholders due to impressive exploration successes in nearby areas like Guyana and Suriname. This has spurred new exploration activities in northern Brazil, focusing on identifying reservoir-quality sands within deepwater fan systems that originate from the Amazon River’s drainage. These efforts will explore a variety of geological structures, including stratigraphic pinch-outs at the paleo-slope edge and anticline formations within the fold-and-thrust belt along the margin.
Expert Insights on the Exploration Potential
Kristian Johansen, CEO of TGS, remarked: “The Equatorial Margin is one of the most exciting exploration frontiers today. With the PAMA 3D Phase 1 survey, TGS is dedicated to providing crucial data to the industry, facilitating exploration and unlocking the potential of this underexplored region. This survey showcases TGS' capabilities throughout the entire value chain. We not only develop and own this survey, but we also leverage our advanced streamer vessels for data acquisition alongside our proprietary imaging technology. Ultimately, the insights we gather will be made available to our clients through TGS's data management solutions.”
Addressing Geological Challenges
This innovative 3D seismic dataset is specifically designed to overcome imaging challenges posed by the region's complex geology, offering vital insights that can aid future exploration efforts.
Industry Support and Commitment
The survey is supported by industry funding, further demonstrating TGS' commitment to providing top-tier data solutions to the energy sector.
For more information about TGS and its collaborative projects, please visit www.tgs.com.
About TGS
TGS is a leader in delivering advanced data and intelligence to organizations within the energy sector. Utilizing state-of-the-art technology and solutions that cover the entire energy value chain, TGS offers a wide range of insights that empower clients to make informed decisions. The company's extensive product offerings, combined with innovative data technologies and a vast, diverse energy data library, position TGS as a trusted partner in supporting the exploration and production of energy resources worldwide.
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 a comprehensive seismic data collection initiative launched 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 highly regarded for its unexplored potential and the successful exploration activities observed in neighboring regions such as Guyana and Suriname.
3. What are the main goals of the PAMA 3D Phase 1 Survey?
The primary goals include enhancing data coverage, providing valuable geological insights, and supporting future exploration efforts in a challenging geological environment.
4. How does TGS handle data acquisition for the survey?
TGS utilizes its own advanced streamer vessels for data acquisition, ensuring high quality and comprehensive coverage throughout the exploration process.
5. Who should be contacted for more information about TGS?
For additional information, individuals can contact Bård Stenberg at the email address investor@tgs.com.
