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Tuesday, August 2, 2011

TGS Kicks Off Seismic Survey in Faroe-Shetland Basin

- TGS Kicks Off Seismic Survey in Faroe-Shetland Basin

Tuesday, August 02, 2011
TGS-NOPEC Geophysical Co. ASA

TGS has commenced a new multi-client 3D survey in the Faroe-Shetland Basin. The survey covers 2,500 km(2) west of the British Isles over quads 6004, 204 and 205 and is acquired in partnership with PGS.

The new seismic data is being acquired by the PGS Ramform Viking towing 12 X 6,000 m with 75 m separation and utilizes PGS' GeoStreamer Technology. Data acquisition will continue through Q3 2011 and the vessel will return in 2012 to complete the survey. Data processing will be performed by both TGS and PGS. "This is TGS' first investment in a 3D multi-client seismic program west of the British Isles, located in an area with a number of discoveries and further undiscovered hydrocarbon potential," stated Kjell Trommestad, SVP Europe & Russia for TGS.

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