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 79% increase in second quarter revenues

TGS reported net revenues of USD 114 million in Q2 2016, up 79% from the prior Quarter (USD 64 million in Q1 2016). Operating profit for the quarter was USD 22 million. This improved performance in Q2 2016 compared to preceding quarters reflects a slight improvement in oil companies' willingness to ... Thursday, August 4, 2016

TGS and Schlumberger announce new Dual Coil Shooting full-azimuth multiclient acquisition in U.S. Gulf of Mexico

TGS and Schlumberger today announce commencement of the Dual Coil Shooting* multivessel full-azimuth acquisition Revolution XII and XIII surveys in the U.S. Gulf of Mexico. The surveys will cover approximately 7,150 km2 (306 blocks) in the Green Canyon, Atwater Valley and Ewing Bank protraction area... Thursday, August 4, 2016

TGS provides second quarter update

Based on preliminary reporting from operating units, TGS management expects net revenues for the second quarter of 2016 to be approximately USD 114 million. Multi-client investments for the second quarter are expected to be approximately USD 62 million. 'Oil companies continue to be under pressure ... Thursday, July 7, 2016

TGS announces 2D multi-client survey in North-West Australia

TGS announces the commencement of the Northwest Shelf Renaissance 2D seismic survey offshore North West Australia. The survey consists of approximately 8,000km of long offset, broadband 2D seismic data as well as magnetic and gravity data. The survey is designed to provide enhanced imaging through t... Wednesday, June 29, 2016

TGS announces new multi-client 3D program in Newfoundland-Labrador

TGS announces the expansion of its multi-client library offshore Eastern Canada, with plans to acquire approximately 2,000 km² of 3D seismic data, in partnership with PGS. The survey will be acquired utilizing the PGS GeoStreamer® technology. Data acquisition will commence during the summer... Wednesday, May 25, 2016

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