TGS, SeaBird ink Mexico LOA

TGS has signed a Letter of Award (LOA) with Seabird Exploration to acquire up to 300,000 km of 2D seismic data over Mexico and US Atlantic waters.

The LOA provides TGS access to charter up to six seismic vessels over a period of approximately 36 months. TGS says that this activity is expected to start in 2015 subject to the issuance of seismic acquisition permits from the relevant authorities.

“TGS is pleased to have secured customer funding and access to seismic vessels for the regional 2D activity that is targeted for 2015,” stated Rod Starr, Senior VP Western Hemisphere for TGS.

“There is a high level of oil company interest in Mexico and US Atlantic and we believe that these will be important regions for future exploration.”

This announcement is further to a Letter of Intent issued  April 1, 2014 for Mexico which was announced  April 2 2014.

The survey will cover a minimum of 150,000 km and up to 300,000 km in one or more of the areas, Mexico and US Atlantic waters, and will have an estimated value between $88 million (minimum program) and $176 million (full 300,000 km).

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply