TGS to acquire Libya ultra deepwater seismic

TGS-NOPEC Geophysical Co. (TGS) has signed an agreement with the National Oil Co. of Liberia (NOCAL) to acquire 15,000 km (9,321 mi) of long-offset regional 2D seismic, gravity, and magnetic data over the ultra-deep waters offshore Liberia.

Offshore staff

ASKER, Norway -- TGS-NOPEC Geophysical Co. (TGS) has signed an agreement with the National Oil Co. of Liberia (NOCAL) to acquire 15,000 km (9,321 mi) of long-offset regional 2D seismic, gravity, and magnetic data over the ultra-deep waters offshore Liberia. This new multi-client survey is expected to begin in the fourth quarter.

The Liberia ultra-deep program will extend existing TGS multi-client data out to 4,000 m (13,123 ft) of water. NOCAL is expected to announce a licensing round following the acquisition and processing of the data.

09/16/2009

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