TGS announced Monday that it will provide data processing services in the 965 square mile Monuments 3D survey, which is being acquired by Dolphin Geophysical in the North Carnarvon Basin, offshore Australia.
Data processing will be performed using TGS’ Clari-Fi broadband technology. As part of the cooperation, TGS has entered into joint venture arrangements with Dolphin relating to future sales from Dolphin’s planned 5,791 square mile North Carnarvon 3D multi-client survey over the North West Shelf. This multi-client project will be supported by Shell and Statoil, according to Dolphin.
Commenting on the Monuments survey cooperation, Stein Ove Isaksen, Senior VP Eastern Hemisphere for TGS, said in a company statement:
"This survey extends TGS' current 3D data coverage in an important hydrocarbon-rich region and positions TGS well in relation to future expected exploration activity from our clients.”
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