TGS to start new Atlantic Margin survey this summer

Norwegian seismic player TGS has decided to start working on the industry-funded Atlantic Margin 20 (AM20) 3D multi-client project as soon as the marine seismic acquisition season gets underway in northwest Europe this summer.

Polarcus Adira; Source: Polarcus

TGS said on Thursday that the survey would be acquired by the Polarcus Adira seismic vessel, which has an acquisition specification fully optimized for high lateral resolution recording and with two 11-kilometer streamers for full-waveform inversion.

According to the company, fast-track data will be available in the fourth quarter of 2020, with final PSTM product delivery by the third quarter of 2021, and final PSDM product delivery in April 2022.

This new 5,600-square kilometer survey will be undertaken over 90 days and is an extension of Atlantic Margin surveys acquired between 2017 and 2019. AM20 covers the newly awarded PL1057 license in the Norwegian Sea and extends west into open acreage where there are indications of, what TGS describes as, “particularly interesting structural prospects.”

Kristian Johansen, CEO at TGS, said: “Since 2017, we have had a particular focus on the Norwegian Sea area of the Atlantic Margin to meet the demands of our customers and their license round requirements. AM20 is the latest extension of these surveys and demonstrates our desire to continue to acquire data in areas with high exploration potential that will support our E&P partners.”

The seismic firm also stated that it was monitoring the rapidly changing situation relating to COVID-19, and was planning for several contingency scenarios for its ongoing and planned operations.

“Our top priority remains the health and safety of our workforce and we will take guidance from appropriate parties to amend the activities of onshore and offshore personnel and adjust timelines of projects accordingly,” TGS said.

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