TGS Crunches Offshore Portuguese Shelf 2D Data

TGS announced Monday that it is currently carrying out the broadband reprocessing of 14,196 miles of 2D seismic data offshore Portugal.

The new program is “supported by industry funding”, according to TGS, although no specific source has been identified. Once complete, data from the reprocessing project is expected to provide “critical geoscience information” for exploration and production companies focusing on the offshore Portuguese shelf.

Stein Ove Isaksen, senior vice president of the eastern hemisphere, commented in a company statement:

"Recent successes in the conjugate offshore Newfoundland and Nova Scotia provinces of Canada have heightened expectations for similar petroleum systems offshore Portugal. TGS' reprocessing program is expected to provide critical geoscience information to exploration and production companies as they move to the next phase of exploration along this portion of the Atlantic Margin".



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Farstad Shipping Sells AHTS Lady Sandr... (Sep 27)
 -  Real Energy Prepares for Tamarama-1 We... (Sep 27)
 -  Trelleborg Appoints Unique Group as it... (Sep 27)
 -  Neptune Marine Services Bags Quadrant'... (Sep 27)
 -  Richad Dyson Appointed New CEO of IO O... (Sep 27)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior GIS Analyst
Expertise: Cartography / Mapping|Geologist|Geoscientist
Location: Houston, TX
 
Geologist
Expertise: Geologist
Location: Texas, TX
 
Mud Loggers
Expertise: Geologist|Mud Logging
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $47.35/BBL 3.18%
Light Crude Oil : $45.93/BBL 3.25%
Natural Gas : $2.99/MMBtu 1.01%
Updated in last 24 hours