TGS-NOPEC Geophysical Company ASA (TGS) announced the formation of a cooperation agreement with Petroleum Geo-Services ASA (PGS) to combine the previously announced and ongoing TGS Hernando 3D survey and the PGS Discovery Desoto Canyon MC3D survey into one large, seamless, 3D multi-client project in the DeSoto Canyon in the Central and Eastern Gulf of Mexico Planning areas.
This joint survey, named Hernando will cover a 365 OCS block area (8,500 square kilometers). More than 225 equivalent blocks have already been recorded by the two companies using one 3D vessel each and a subset of this data is currently available as a fast-track product for use in the March 2009 OCS Lease Sale.
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