TGS ASA
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About
TGS-NOPEC Geophysical Company (TGS) provides multiclient geoscience data to oil and gas Exploration and Production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multiclient seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.
Transactions
Norwegian Energy Data Companies PGS, TGS Complete Merger
Norwegian Energy Data Companies PGS, TGS Complete Merger
TGS Makes First Renewables Acquisition Since New Energy Business Launch
TGS Makes First Renewables Acquisition Since New Energy Business Launch
TGS, Spectrum Merger To Create Leader In Multiclient Seismic Data
TGS, Spectrum Merger To Create Leader In Multiclient Seismic Data
TGS, PGS Will Jointly Acquire Dolphin's Multiclient Library
TGS, PGS Will Jointly Acquire Dolphin's Multiclient Library
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News
Dividends Declared in the Week of July 15
Here is a selection of dividends declared in the week of July 15 for upstream, midstream and service and supply companies.
TGS Awarded Ocean Bottom Node Data Acquisition Contract in North America
The six-month contract was granted by a returning client for TGS to back up the client’s seismic data capabilities for informed decision making.
TGS Grants Early Access to CCS Data Along Texas, Louisiana Gulf
TGS’ carbon storage dataset covers the available Texas General Land Office lease blocks and is scheduled for release in early August.
Are 3-mile Laterals Worth the Extra Mile?
Every additional foot increases production, but it also increases costs.
Norwegian Energy Data Companies PGS, TGS Complete Merger
Norwegian companies PGS and TGS have completed their merger to create a full-service energy data company.
TGS to License Tanzania’s Offshore Subsurface Data
TGS, in an agreement with Tanzania’s Petroleum Upstream Regulatory Authority, reserves the right to license all of the country’s offshore data, acquire future seismic data and reprocess existing data.
TGS Gaining Ground on Subsurface Insights in the Permian
TGS released the Dynamic Matching FWI volume for the West Kermit 3D seismic survey, which spans 1,054 sq km across the Delaware Basin in Loving and Winkler counties, Texas.
TGS, PetroAI to Develop Earth AI Models for Well Performance, Design
PetroAI’s platform for E&Ps will use TGS’ subsurface, production and well data, which allows for “accurately” quantified exploration and development trade-offs.
PGS, TGS Merger Receives Final Approval from UK Authorities
With regulatory conditions satisfied, PGS and TGS’ merger is expected to be complete July 1 and will establish the combined entity as a full-service geophysical data company.
TGS Undertakes Multiclient Reprocessing Agreements Offshore Liberia
TGS and the National Oil Company of Liberia plan to reprocess over 24,700 km in the Liberia and Harper basins.
Dividends Declared in the Week of May 6
Here is a selection of upstream, midstream and service and supply companies’ dividends declared in the past week.
TGS Starts Up Multiclient Wind, Metaocean North Sea Campaign
TGS is utilizing two laser imaging and ranging buoys to receive detailed wind measurements and metaocean data, with the goal of supporting decision-making in wind lease rounds in the German Bright.
E&P Highlights: May 6, 2024
Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.
PGS, TGS Merger Clears Norwegian Authorities, UK Still Reviewing
Energy data companies PGS and TGS said their merger has received approval by Norwegian authorities and remains under review by the U.K. Competition Market Authority.
TGS Commences Multiclient 3D Seismic Project Offshore Malaysia
TGS said the Ramform Sovereign survey vessel was dispatched to the Penyu Basin in March.
IndustryVoice
IndustryVoice: Wellhead Winterization Pays Off: Saving Billions in Revenue During Winter
One year after Winter Storm Uri shocked Texas, we investigate the impact on natural gas production and lessons learned.
IndustryVoice: Using Today's Energy Data to Evaluate Tomorrow's Energy Resources
The largest energy projects of the next decade and beyond will be combinations of oil and gas, offshore wind, and Carbon Capture and Storage (CCS).
IndustryVoice: New node acquisition in the U.S. Gulf of Mexico design delivers unprecedented results
Dynamic Matching Full Wave Inversion produces reliable images in highly complex salt geometries.
IndustryVoice: Ocean Bottom Node (OBN) Multiclient Surveys – Superior Subsurface Intelligence
OBN is the ultimate imaging tool for complex geological challenges. With full-azimuth acquisition, complex geology can be illuminated in all directions allowing structures, and attribute variations to be properly understood. OBN is defining a new baseline for quality subsurface imaging that could form the cornerstone of the exploration growth strategy implemented throughout the next decade and beyond.
IndustryVoice: The Value of Data in AI and ML for Geoscience Solutions
Artificial Intelligence and Machine Learning are making their debut in the workflows of Exploration and Production, but AI and ML solutions are only as good as the data that trains them. With products like ARLAS and SaltNet, TGS has leveraged their expansive data library to focus on finding the right problems to solve.