TGS Reports New Gulf of Mexico Multiclient 3D Survey

TGS-NOPEC Geophysical Company ASA (TGS) reported that it will acquire a new multi-client 3D seismic survey in the South Additions of the West Cameron and East Cameron areas of offshore Louisiana. The company has again contracted Reservoir Exploration Technology ASA (RXT) to perform the acquisition of the 2000 square kilometer Cameron SaD Phase 1 survey utilizing a Vector-Seis Ocean Bottom Cable recording system. TGS will process the data with both pre-stack time and pre-stack depth migration algorithms.

The Cameron SaD Phase 1 program will cover a 100 OCS block area that contains several producing fields as well as expired leaseholds. The water depths in the survey range from 40 meters to over 200 meters. The data will be recorded with 9000 meter offsets and by utilizing the Vector-Seis recording system, full coverage around the numerous surface obstructions will be achievable. The long offsets will allow further illumination of deeper targets in the area while providing more definition to the conventional plays.

The Cameron SaD Phase 1 program will commence in March 2008 and is supported by pre-funding from multiple oil companies. Survey acquisition is expected to last approximately seven months. TGS expects to have data available for the March 2009 lease sale.

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