Norway: TGS Starts High Density Multi-client 3D Data Acquisition Off Scotland

June 23, 2010

TGS announces the commencement of a 1650 km² high density multi-client 3D seismic survey located in the outer part of Moray Firth off the Northeast coast of Scotland.

The survey covers open as well as held acreage and is located in an area proven to be particularly prolific for hydrocarbon exploration. This has been confirmed by recent discoveries including Golden Eagle, Hobby, Pink and Blackbird.

TGS has contracted the Polarcus Nadia vessel to acquire the Moray Firth 3D survey. The Nadia will deploy 8 X 5000m of streamers for the acquisition and the project is expected to complete in late Q3-2010. The data processing will be done at TGS’ imaging center in Bedford, England.

Data from the Moray Firth survey will be available for customers from Q1-2011. The Moray Firth high density multi-client 3D survey is supported by industry funding.

TGS-NOPEC Geophysical Company, often branded as TGS, is a Norwegian geoscience data, software and service provider. The company has its headquarters in Asker outside Oslo, Norway in addition to offices in Bedford, United Kingdom; West Perth, Australia and Houston, United States. The company is listed on the Oslo Stock Exchange.

TGS offers worldwide licenses to seismic data in both 2D and 3D as well as a data processing and interpretation services. The company also has the largest online database of digital well data.

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Source: Tgs, June 23, 2010: