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.
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 is pleased to announce the broadband reprocessing of 22,847 km 2D seismic offshore Portugal. This project, which utilizes TGS' broadband solution Clari-Fi, is now fully underway. 'Recent successes in the conjugate offshore Newfoundland and Nova Scotia provinces of Canada have heightened expecta... Monday, November 23, 2015
In order to further improve organizational efficiency and competitiveness TGS is implementing global cost reduction and efficiency plan. Furthermore, the value of selected MC surveys will be written down to reflect more cautious market assumptions. As advised in the 3Q report, TGS has in view of th... Tuesday, November 17, 2015
TGS announced today that its Geological Products division purchased all the outstanding shares of Digital Petrodata LLC. Digital Petrodata, established in 2005, is a small GIS technology company based in Denver that provides integrated GIS data and cloud solutions for E&P companies. The company has... Friday, October 23, 2015
TGS reports net revenues of USD 169 million in Q3 2015, compared to USD 190 million in Q3 2014. Earnings before interest and taxes (EBIT) totaled USD 46 million, corresponding to an EBIT margin of 27%. Cash flow from operations was USD 121 million, resulting in an increased cash balance of USD 191 m... Friday, October 23, 2015
All TGS News
TGS announced that it has acquired 46,500 kilometers (25%) of the 186,000 km 2D seismic project, Gigante. The survey is being acquired with four Seabird vessels and the fifth vessel, m/v Aquila, will join the survey in early November. Gigante covers the entire deep water area of the offshore sector ... Monday, October 19, 2015