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 announces its Gigante multibeam, coring and geochemical analysis project

TGS is pleased to confirm that it has received authorization from Mexico's Comisión Nacional de Hidrocarburos (CNH) for the acquisition of multibeam, coring and geochemical analysis data over an area of approximately 600,000 square kilometers in Mexican waters. This project will cover the ent... Monday, August 24, 2015

TGS announces Q2 revenues of USD 140 million

TGS reports net revenues of USD 140 million in Q2 2015, compared to USD 205 million in Q2 2014. Earnings before interest and taxes (EBIT) totaled USD 36 million, corresponding to an EBIT margin of 26%. Despite the industry's market challenges and uncertain outlook, TGS reports a backlog of USD 242 m... Thursday, July 30, 2015

TGS announces new multi-client 3D program in Flemish Pass Basin

TGS announces a new multi-client 3D survey offshore Eastern Canada with plans to acquire approximately 4,300 km² of seismic data. This survey is conducted in partnership with PGS. The Ramform Valiant, utilizing the PGS GeoStreamer® technology, will acquire data in Flemish Pass Basin over t... Monday, July 13, 2015

TGS signs Letter of Intent to acquire Polarcus' multi-client library

TGS has today entered into a Letter of Intent to acquire Polarcus' multi-client library, with the exception of Australia, for a price of USD 27.5 million on a cash and debt free basis. The transaction is subject to due diligence and final definitive documents with target closing date on or before Ju... Monday, June 29, 2015

TGS announces participation in Monuments 3D survey, offshore Australia

TGS announces its participation in the 2,500 km² Monuments 3D survey. This survey is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia. Data processing will be performed by TGS using its proven proprietary broadband technology, Clari-FiTM. 'This survey exte... Monday, June 22, 2015

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