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TGS Announces Amendment Phase II in the U.S. Gulf of Mexico
TGS Announces Amendment Phase II in the U.S. Gulf of Mexico
OSLO, Norway (12 September 2022) – TGS, a global provider of energy data and intelligence, today announced Amendment Phase II, a continuation of its ultra-long offset ocean-bottom node (OBN) acquisition in the U.S. Gulf of Mexico. This project extends the first phase of the survey that was acquired to the east in 2018.
The 151 OCS block survey will begin in December 2022 and is expected to be completed during the first quarter of 2023. Key to this project is the uplift this data will bring to full-waveform inversion (FWI) velocity model building. The results from this data following processing are expected in Q4 2023. On completion of this project, TGS will have built a library of over 550 OCS blocks of ultra-long off-set data in the U.S. Gulf of Mexico over the past four years.
Kristian Johansen, CEO at TGS, commented, "Following the passing of the Inflation Reduction Act, there is a clear roadmap for future license rounds and increased activity in the Gulf of Mexico. As a result, TGS feels this is an ideal time to continue investing in ultra-long offset node data to support industry needs in this highly prospective area."
Magseis Fairfield will conduct the data acquisition as a contractor to TGS.
This project is supported by industry funding.
About TGS
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.
Forward Looking Statement
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principal customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data product at costs commensurate with profitability, as well as volatile market conditions, which have been exacerbated by the COVID-19 pandemic and the severe drop in oil prices. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
For more information, visit TGS.com or contact:
Sven Børre Larsen
Chief Financial Officer
investor@tgs.com
Attachment
- TGS_Amendment_Phase2
OSLO, Norway (12 September 2022) – TGS, a global provider of energy data and intelligence, today announced Amendment Phase II, a continuation of its ultra-long offset ocean-bottom node (OBN) acquisition in the U.S. Gulf of Mexico. This project extends the first phase of the survey that was acquired to the east in 2018.
挪威奥斯陆(2022年9月12日)-全球能源数据和情报提供商TGS今天宣布修订第二阶段,这是其在美国墨西哥湾收购超长偏移海底节点(OBN)的继续。该项目将2018年获得的第一阶段调查扩展到东部。
The 151 OCS block survey will begin in December 2022 and is expected to be completed during the first quarter of 2023. Key to this project is the uplift this data will bring to full-waveform inversion (FWI) velocity model building. The results from this data following processing are expected in Q4 2023. On completion of this project, TGS will have built a library of over 550 OCS blocks of ultra-long off-set data in the U.S. Gulf of Mexico over the past four years.
151个OCS区块调查将于2022年12月开始,预计在2023年第一季度完成。该项目的关键是这些数据将给全波形反演(FWI)速度模型的建立带来的提升。这些数据经过处理后的结果预计将在2023年第四季度公布。该项目完成后,TGS将在过去四年中在美国墨西哥湾建立一个包含550多个OCS超长偏移数据块的库。
Kristian Johansen, CEO at TGS, commented, "Following the passing of the Inflation Reduction Act, there is a clear roadmap for future license rounds and increased activity in the Gulf of Mexico. As a result, TGS feels this is an ideal time to continue investing in ultra-long offset node data to support industry needs in this highly prospective area."
TGS首席执行官Kristian Johansen评论道:“随着《降低通胀法案》的通过,墨西哥湾未来的牌照轮次和活动增加有了明确的路线图。因此,TGS认为现在是继续投资超长偏移节点数据的理想时机,以支持这一极具前景的领域的行业需求。”
Magseis Fairfield will conduct the data acquisition as a contractor to TGS.
Magseis Fairfield将作为TGS的承包商进行数据采集。
This project is supported by industry funding.
该项目得到了行业资金的支持。
About TGS
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.
关于TGS
TGS为活跃在能源领域的公司提供科学数据和情报。除了全球、广泛和多样化的能源数据库外,TGS还提供高级处理和分析等专业服务,以及基于云的数据应用和解决方案。
Forward Looking Statement
All statements in this press release other than statements of historical fact are forward-looking statements, which are subject to a number of risks, uncertainties and assumptions that are difficult to predict, and are based upon assumptions as to future events that may not prove accurate. These factors include TGS' reliance on a cyclical industry and principal customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data product at costs commensurate with profitability, as well as volatile market conditions, which have been exacerbated by the COVID-19 pandemic and the severe drop in oil prices. Actual results may differ materially from those expected or projected in the forward-looking statements. TGS undertakes no responsibility or obligation to update or alter forward-looking statements for any reason.
前瞻性陈述
本新闻稿中除历史事实陈述外的所有陈述均为前瞻性陈述,受一些难以预测的风险、不确定因素和假设的影响,这些风险、不确定因素和假设是基于对未来事件的可能不准确的假设。这些因素包括TGS对周期性行业和主要客户的依赖,TGS继续扩大数据许可市场的能力,TGS以与盈利相称的成本获取和处理数据产品的能力,以及动荡的市场状况,而新冠肺炎疫情和油价大幅下跌加剧了市场波动。实际结果可能与前瞻性陈述中预期或预测的结果大不相同。TGS不承担以任何理由更新或更改前瞻性陈述的责任或义务。
For more information, visit TGS.com or contact:
欲了解更多信息,请访问TGS.com或联系:
Sven Børre Larsen
Chief Financial Officer
investor@tgs.com
斯文·博雷·拉森
首席财务官
邮箱:Investors@tgs.com
Attachment
依附
- TGS_Amendment_Phase2
- TGS_修正_阶段2
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