TGS-NOPEC Completes Gulf of Mexico Pre-Stack Depth Migration Project

TGS-NOPEC Geophysical has completed a 15,400 square kilometer pre-stack depth migration project in the Mississippi Canyon area of the Gulf of Mexico. This highly specialized form of subsurface imaging was accomplished in three phases and the latest technology was applied to each phase. This final delivery of data includes full volume pre-stack depth migration and associated products over a 4,600 square kilometer area.

The Mississippi Canyon area contains the densest concentration of deepwater discoveries and producing properties in the Gulf of Mexico. In addition, a large amount of lease acreage will become available in the next three years. This new depth migration project will aid over the development of existing production and provide a powerful regional tool for hydrocarbon exploration.

"The industry has been very supportive of our advanced imaging efforts in this extremely prolific area. This project has helped many exploration companies to reduce their cycle time for prospect evaluation", remarked Kim Abdallah, TGS-NOPEC's Vice President of North and South America. "We will continue to apply new technology to improve the subsurface image of our data library in order to meet the needs of the industry."