Seismic surveyor TGS announced Wednesday the immediate availability of the ‘exploration and production industry's most comprehensive well database in the Permian Basin’.
"As Operators continue to flood into the Permian Basin, the substantial completion of the TGS Permian Basin database could not have been timed better," Kristian Johansen, CEO for TGS, said.
"This information will allow operators to better assess the positions available in the basin, prepare for A&D activity, and ensure the safe, reliable, and optimal production of their acreage positions,” Johansen added.
The data sets have undergone rigorous and thorough processing by a dedicated team of professionals to ensure the most complete and broad database available in the industry, the TGS CEO said.
“By first validating the well header information itself, identifying all boreholes for each well, and ensuring all data is tied to the right borehole in the right positon, operators can rest assured that they have access to the most accurate commercial information available for their Permian investment,” Johansen added.
TGS has created a database of products in the Permian Basin with over 430,000 wells, including thousands of previously unidentified wellbores. The company has validated well header data for 357,000 wellbores, raster logs for all wells, digital LAS for over 280,000 wellbores, and production volumes for all producing wells in the basin.
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