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 and Dolphin Geophysical sign joint venture agreement to acquire new multi-client 3D in Barents Sea

TGS announces that it has signed a joint venture agreement with Dolphin Geophysical (DOLP) to acquire 4,500 km2 3D multi-client seismic survey over the western part of the Hammerfest Basin in the Barents Sea. The survey will provide industry with broadband data over APA acreage not previously covere... Thursday, April 16, 2015

TGS announces Cost Reduction Program, reduces workforce by 10%

Today, TGS announced a Cost Reduction Program reflecting the deterioration of the market for seismic data seen in the first quarter of 2015. Based on preliminary reporting from operating units, TGS management now expects net revenues for the first quarter of 2015 to be approximately USD 172 million,... Monday, April 13, 2015

TGS announces LOA for 3D surveys in Northwest Europe

TGS announces that it has signed a Letter of Award (LOA) with Polarcus DMCC to acquire 3,000 km2 of 3D seismic data in Northwest Europe with a potential extension of up to a total of 7,000 km2. The activity is expected to commence in April 2015 subject to the issuance of seismic acquisition permits ... Thursday, April 9, 2015

Record fourth quarter helps TGS to reach annual guidance

Following its update on 13 January, TGS now confirms net revenues of USD 298 million in Q4 2014, up 10% from USD 271 million in Q4 2013 and representing a record high for the Company. TGS achieved its 2014 guided revenues with full year net revenues of USD 915 million, up 4% from USD 883 million in ... Thursday, February 5, 2015

TGS appoints Chief Operating Officer

ASKER, NORWAY (17 December 2014) - The Board of TGS announces the appointment of Kristian Johansen to the newly created role of Chief Operating Officer (COO), effective 1 February 2015. Kristian joined TGS in 2010 as Chief Financial Officer. Prior to joining TGS, Kristian was the Executive Vice Pre... Wednesday, December 17, 2014

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