TGS kicks off Pelotas Basin phase 3 2D survey

TGS has commenced the 2D multi-client phase 3 survey in the Pelotas Basin offshore Brazil in the South Atlantic.

TGS kicks off Pelotas Basin phase 3 2D survey
Source: TGS

The survey covers approximately 17,000 line kilometers and works as an extension of the existing TGS Pelotas 2D.

According to TGS, this survey is designed to provide high quality 2D data that will enhance geological understanding of the area allowing clients to de-risk investments in future bid rounds, such as the upcoming Round 17.

Early outs will be ready in two tranches, in June and July 2021, to allow the clients to analyze the data well ahead of the upcoming license round, the company said.

“We’re pleased to commence Phase 3 of this survey – further strengthening our data library and position offshore Brazil,” said David Hajovsky, EVP of Western Hemisphere at TGS.

“We are proud to provide time-sensitive data ahead of Round 17 while continuing to build a contiguous and regularized 2D grid along the Atlantic Margin.”

TGS currently holds over 447,500 kilometers in 2D multi-client data and 69,500 square kilometers in 3D multi-client data in Brazil.