TGS


Description

TGS provides multi-client geoscience data and services to oil and gas Exploration and Production companies around the globe. TGS' geophysical and geological data products include multi-client seismic libraries, extensive magnetic and gravity data, the industry's largest global database of digital well logs and regional interpretive products. TGS also provides high-end depth imaging services to help resolve complex seismic imaging problems.

Products & Services

TGS has acquired 2D and 3D multi-client seismic data in North and South America, Europe, Africa, Asia and the Arctic. There is also a database of marine gravity, magnetics and aeromagnetic data. All multi-client data can be viewed through the Data Zone.

Data from marine, land, OBC, transition zone and wide-azimuth acquisition methods are processed by the Imaging Services group, who specialize in 2D and 3D data with products and services including time/depth and anisotropic imaging.

TGS has the industry's largest collection of online well data in areas within North America, South America, Europe, Russia and Africa.

TGS offers interpretation studies and services that integrate seismic, well logs, biostratigraphic data, core data and other geoscientific data to create basin-wide regional frameworks. TGS' geoscientists are also available for contract consulting work in geology, geophysics and petrophysics.

Company Background

TGS is a publicly traded company with financial headquarters in Asker, Norway and is traded on the Oslo Stock Exchange under the symbol TGS. The company is led by CEO Robert Hobbs, based out of the Houston, TX, office. TGS has employees based in cities around the globe, which include offices in Asker, Stavanger, Houston, London, Brazil and Perth.The hallmarks of success for TGS over the past 30 years have been dedication to high quality data, exemplary service and strategic global growth in emerging and mature markets. TGS’ company philosophy is to create unique high-quality data collected in the right place at the right time.


Latest TGS News

TGS names new CFO

TGS announces the appointment of Sven Børre Larsen as the Company's new Chief Financial Officer. The effective date of Mr. Larsen's employment is yet to be determined, but will be no later than December 1, 2015. Mr. Larsen will be based in TGS' Asker office. Most recently, Mr. Larsen was the... Wednesday, May 27, 2015

TGS announces Gigante 2D offshore Mexico

TGS is pleased to confirm that it has received a seismic permit from Mexico's Comisión Nacional de Hidrocarburos (CNH) authorizing the acquisition of a 181,500 km regional 2D seismic survey. In addition TGS has received environmental and social resolutions. This survey will utilize four Seab... Monday, May 18, 2015

TGS announces new multi-client 2D program offshore Newfoundland and Labrador

TGS announces two new multi-client 2D surveys offshore Eastern Canada, with plans to acquire approximately 30,000 km of seismic data. Both surveys are in partnership with PGS, utilizing two vessels during the 2015 acquisition season. The M/V Atlantic Explorer utilizing the PGS GeoStreamer® tech... Tuesday, May 12, 2015

Dolphin currently acquiring 4,100km² of Multi-Client 3D Broadband seismic in the Barents Sea

Dolphin Geophysical, in partnership with TGS, is currently acquiring 4,100km² of Multi-Client 3D Broadband seismic in the Barents Sea. The Polar Duchess, one of Dolphin's high end vessels, is utilising 12 streamers and is working towards a planned completion date in June 2015. The Ringvass&osl... Friday, May 8, 2015

TGS announces Q1 revenues of $172 million

TGS reported net revenues of USD 172 million in Q1 2015, compared to USD 222 million in Q1 2014. Net late sales were weaker than anticipated at USD 72 million, reflecting a deterioration in seismic demand as energy companies significantly reduced exploration spending. Record high cash flow from oper... Thursday, April 23, 2015

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