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

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