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TGS Announces New 3D Seismic Survey Close to Dorado and Pavo Discoveries in North-West Australia
TGS Announces New 3D Seismic Survey Close to Dorado and Pavo Discoveries in North-West Australia
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
OSLO, Norway (13 September 2022) – TGS, a global provider of energy data and intelligence, today announced the Capreolus Phase 2 3D seismic survey in the Carnarvon Basin on the Australian North West Shelf. This survey is adjacent to the Capreolus Phase 1 survey acquired in 2015 by Polarcus and purchased by TGS in 2018.
Capreolus Phase 2 will comprise 4,500 square kilometers of multi-client seismic data located in the Beagle Sub-Basin, an underexplored area on Australia's North West Shelf. This area has undergone renewed exploration interest since the discovery of light oil at Dorado and, more recently, the Pavo discovery in the adjacent Bedout Sub-Basin.
CEO at TGS, Kristian Johansen, commented, "TGS has been active in Australia since 1998 with an extensive seismic and well database that is continually enhanced to meet the exploration needs of the region. Australia presents attractive investment opportunities with abundant energy resources for exploration and development. The key to ongoing success in Australia is high-quality modern seismic data to boost subsurface insight, and the Capreolus Phase 2 survey will deliver on this."
The PXGEO 2 vessel will mobilize for the survey in December 2022, and the acquisition is scheduled to be completed in March 2023, with final processing deliverables anticipated in Q1 2024.
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
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
此信息受《挪威证券交易法》第5-12条规定的披露要求的约束
OSLO, Norway (13 September 2022) – TGS, a global provider of energy data and intelligence, today announced the Capreolus Phase 2 3D seismic survey in the Carnarvon Basin on the Australian North West Shelf. This survey is adjacent to the Capreolus Phase 1 survey acquired in 2015 by Polarcus and purchased by TGS in 2018.
挪威奥斯陆(2022年9月13日)-全球能源数据和情报提供商TGS今天宣布在澳大利亚西北大陆架的Carnarvon盆地进行Capreolus第二阶段三维地震勘探。这项调查毗邻北极星于2015年收购并于2018年被TGS收购的Capreolus第一阶段调查。
Capreolus Phase 2 will comprise 4,500 square kilometers of multi-client seismic data located in the Beagle Sub-Basin, an underexplored area on Australia's North West Shelf. This area has undergone renewed exploration interest since the discovery of light oil at Dorado and, more recently, the Pavo discovery in the adjacent Bedout Sub-Basin.
Capreolus二期将包括4500平方公里的多客户端地震数据,位于澳大利亚西北大陆架上未被勘探的Beagle次盆地。自从在Dorado发现轻质石油以及最近在邻近的Bedout次盆地发现Pavo以来,该地区重新引起了勘探兴趣。
CEO at TGS, Kristian Johansen, commented, "TGS has been active in Australia since 1998 with an extensive seismic and well database that is continually enhanced to meet the exploration needs of the region. Australia presents attractive investment opportunities with abundant energy resources for exploration and development. The key to ongoing success in Australia is high-quality modern seismic data to boost subsurface insight, and the Capreolus Phase 2 survey will deliver on this."
TGS首席执行官Kristian Johansen评论说:“TGS自1998年以来一直活跃在澳大利亚,拥有广泛的地震和油井数据库,并不断增强以满足该地区的勘探需求。澳大利亚为勘探和开发提供了有吸引力的投资机会和丰富的能源资源。澳大利亚持续成功的关键是高质量的现代地震数据,以提高对地下的洞察力,Capreolus二期勘测将实现这一目标。”
The PXGEO 2 vessel will mobilize for the survey in December 2022, and the acquisition is scheduled to be completed in March 2023, with final processing deliverables anticipated in Q1 2024.
PXGEO 2号船将于2022年12月动员进行调查,收购计划于2023年3月完成,最终处理交付成果预计在2024年第一季度完成。
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
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