TGS to analyze Hoop Fault potential

TGS has started a 2,600-sq km (1,004-sq mi) 3D pre-stack depth migration (PSDM) project over the Hoop Fault Complex in the Norwegian sector of the Barents Sea.

Offshore staff 

ASKER, Norway -- TGS has started a 2,600-sq km (1,004-sq mi) 3D pre-stack depth migration (PSDM) project over the Hoop Fault Complex in the Norwegian sector of the Barents Sea. 

The company claims this will be the first multi-client project of its kind over European waters. The project will be managed from the TGS processing center in Bedford, UK. Original data was acquired by the M/V Geo Barents and M/V Geo Pacific last summer. 

TGS’ previous interpretation work suggests conditions could be favorable for hydrocarbons in the project area. "PSDM processing on this project will enhance the imaging of geology adjacent to and below shallow faulting, solving one of the main geological challenges in the area," said Kjell Trommestad, VP and General Director of Europe/Russia for TGS. 

Final data will be made available to the industry in advance of the application deadline for Norway’s 21st licensing round. The project has industry funding. 

05/05/2010

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