TGS books multi-client 3D seismic project offshore Norway

Offshore staff

ASKER, NorwayTGS has announced its first new multi-client acquisition project for the year, AM17 Atlantic Margin 3D seismic survey in the Norwegian Sea.

AM17 is a 40,000-sq km (15,444-sq mi) project in the central-southern Norwegian Sea. TGS said that the project is the largest 3D survey carried out by any company in northern Europe and covers largely open blocks in a relatively underexplored area with limited drilling to date.  

New understanding of the geological development of the area opens up a variety of play models from rotated Jurassic and Cretaceous fault blocks, to stratigraphic and structural traps in Paleocene and Cretaceous turbidite/fan deposits.

Acquisition is expected to begin in May and will continue over multiple seasons.  Data processing will be performed by TGS using its Clari-Fi broadband technology and denoise and demultiple techniques.

CEO Kristian Johansen said: “The AM17 Atlantic Margin 3D is located in an underexplored but high-potential area, which will be strategically important as E&P companies look for new growth opportunities offshore Norway.

“The project will bring much needed modern, high-quality 3D seismic to this data-poor frontier region. As the first new investment announced in 2017, AM17 will make an important contribution to TGS' prefunding backlog.”

The survey is supported by industry funding.

01/19/2017

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...