TGS has outlined plans to acquire more than 36,000 km of 2D seismic data, in partnership with PGS, utilising two vessels during the 2016 acquisition season.
The Sanco Spirit and Atlantic Explorer, utilising PGS GeoStreamer technology, will acquire seismic and gravity data in the Labrador Sea, Newfoundland Orphan-Flemish Pass basins and Grand Banks areas. Data acquisition will commence during late May 2016.
“Offshore Newfoundland and Labrador has been an area of high interest from exploration companies in an otherwise challenging market as evidenced by the successful licensing round in November 2015. This will be our sixth consecutive season acquiring data in partnership with PGS in this highly prospective region, targeting expected areas of interest to be released under the scheduled land tenure system,” commented Kristian Johansen, CEO of TGS.