TGS Launches New Multi-Client 3D Survey on the Norwegian Continental Shelf

Thursday, May 22, 2008

TGS-NOPEC Geophysical Company (TGS) has started a 1500 square kilometer multi-client 3D survey in Quadrants 7016 and 7116 in the Troms III area. The Norwegian Petroleum Directorate recently recommended these blocks for the 20th Concession Round. TGS developed the concept for the Troms III 3D survey based upon interpretations of TGS multi-client 2D seismic and controlled source electromagnetic data in the region.

Survey acquisition will be performed by the newly upgraded 3D vessel GeoBarents utilizing an 8 x 6000 meter streamer configuration. The survey data will be processed by TGS Imaging and will include quick look and final prestack time migrated volumes. Preliminary data for the Troms III 3D will be available for industry use in August 2008 and final data is expected to be available in late Q3 2008.

The Troms III 3D survey is supported by strong industry pre-funding.

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