ASKER, Norway – TGS has signed a letter of award (LOA) with SeaBird Exploration to acquire up to 300,000 km (186,411 mi) of 2D seismic data offshore Mexico and in US Atlantic waters. The LOA provides TGS access to charter up to six seismic vessels over a period of approximately 36 months. This activity is expected to begin in 2015.
"TGS is pleased to have secured customer funding and access to seismic vessels for the regional 2D activity that is targeted for 2015," says Rod Starr, senior vice president of the Western Hemisphere for TGS. "There is a high level of oil company interest in Mexico and US Atlantic, and we believe that these will be important regions for future exploration."