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>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 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 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

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