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 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

Norwegian Government files MNOK 326 million compensation claim against TGS

The Norwegian Government has notified TGS of a claim for compensation of up to MNOK 326 for the Government's alleged tax losses arising from tax benefits received by Skeie Energy AS (later known as E&P Holding AS) under the Petroleum Tax Act in connection with a sale of seismic data in 2009 from TGS... Thursday, May 19, 2016

TGS reaches 75% acquisition progress mark on Gigante seismic program

TGS announced that it has acquired approximately 141,000 kilometers (75%) of the planned 186,000 km 2D seismic project, Gigante. Gigante covers the entire offshore sector of Mexico and ties into TGS' regional 2D seismic grid covering the entire US Gulf of Mexico. Preliminary data results have identi... Thursday, May 12, 2016

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