TGS begins offshore Greenland data acquisition

TGS has begun its 2009 data acquisition season offshore Greenland.

Offshore staff

ASKER, Norway -- TGS has begun its 2009 data acquisition season offshore Greenland. The campaign will consist of seismic, aeromagnetic, and gravity data.

The first phase of data acquisition, which is already underway, includes the collection of 41,000 km (25,476 mi) of aeromagnetic and gravity data in the Ungava, Labrador region. This data will be processed by TGS and available to participating companies later this year.

TGS will soon begin the acquisition of 9,600 km (5,965 mi) of 2D seismic data off the west coast of Greenland in the Baffin Bay. The new survey will infill previous TGS 2D programs to provide a continuous regional grid of data in the area, the company says. This seismic program has been designed to assist in the evaluation of the Baffin Bay area prior to a major bid round scheduled for early 2010.

Upon completion of the 2009 season, TGS' Greenland library will include approximately 90,000 km (55,923 mi) of 2D seismic data and 300,000 km (186,411 mi) of aeromagnetic and gravity data.

“TGS continues to strongly believe in the hydrocarbon potential of Greenland,” says Robert Hobbs, CEO of TGS. “Since 1999, our customers have supported TGS' focused and multi-year approach to provide the industry with the data necessary to evaluate this attractive frontier environment.”

07/07/2009

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