TGS will commence acquisition of a new 3D multi-client seismic survey in November 2011 which covers 9,700 km2 over the Exmouth Plateau in the Carnarvon Basin, offshore NW Australia. The survey area is adjacent to existing large gas discoveries and covers newly available acreage in blocks WA-364-P, WA-365-P and WA-367-P.
“Regulatory changes in Australia make this market more attractive for multi-client investment and TGS is excited to acquire seismic data in this new market, an area where industry believes there is high exploration potential. This Australia 3D project is consistent with our strategic plan and represents a new milestone of growth for TGS in a promising region,” commented Rod Starr, Senior VP Africa, Middle East and Asia Pacific for TGS.
The seismic data will be acquired by the M/V Viking Vision and will be complete in Q1 2012. A fast track volume will be available to the industry in Q2 2012 with final data available for the full survey in Q1 2013. The survey is supported by industry funding.
TGS-NOPEC Geophysical Company (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, permanent reservoir monitoring, 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.
Source: TGS, October 10 , 2011; Image: Sipspotting