Russia: Bering Strait seismic deal signed

By OGJ editors
– TGS NOPEC Geophysical Co. has signed a 3-year sales, marketing, and 2D seismic cooperation agreement with Dalmornefte Geophysica Yuzhno-Sakhalinsk in the Arctic region east and west of the Bering Strait off Russia.

The agreement includes industry-funded 2D operations performed in Russian waters in the third quarter of 2010 that will serve as a foundation for additional work in 2011 and 2012.

It is important for TGS to return to the Arctic region and add data coverage in an area that is believed to hold huge hydrocarbon volumes, TGS NOPEC said.

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


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...