Business News for the week of 19 August 2013

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Seismic crew survey reports

TGS commences multiclient 2D survey in northeast Greenland

19 August 2013—TGS has commenced expansion of a 2D multiclient survey in northeast Greenland. The survey, NEG13, is in preparation for the announced Greenland licensing round in 2013/2014. Because of favorable ice conditions, TGS expects to acquire 4200 km of 2D multiclient seismic data. This new data will provide companies with dense data coverage over the licensing area. 

The seismic data are being acquired by the M/V Akademik Shatskiy supported by the ice breaker M/V Viking Balder. A helicopter is being utilized for ice density monitoring. Data processing will be performed by TGS and data will be available to clients in early 2014.

 

Earth Science Week contest expanded internationally

19 August 2013—The American Geosciences Institute (AGI) is expanding eligibility for its annual Earth Science Week photography contest to allow international members of all AGI member societies to participate for the first time.

Previously open only to residents of the United States and members of AGI International Associate Societies, the photo contest has always been a major part of Earth Science Week, which this year is being celebrated 13–19 October.

International members of AGI member societies are encouraged to enter this year's Earth Science Week photography contest, "Mapping My Community." These individuals are invited to use a camera to show how maps are used in their communities.

 

TGS announces 3D multiclient onshore survey in south central Alberta, Canada

22 August 2013—TGS, through its subsidiary Arcis Seismic Solutions, announced a new 3D multiclient onshore survey, Three Hills East, covering 150 km² (58 mi²) in the south central plains of Alberta, Canada.

The Three Hills East survey is designed to evaluate multiple zones from the Devonian (Nisku), the Mississippian (Banff and Pekisko), and the Cretaceous (Ellerslie and Ostracod) in the newly emerging Duvernay play. The survey's optimal acquisition parameters, enhanced imaging, and rock property assessments will provide greater assistance with the placement of horizontal wells in this highly prospective area.

Permitting is under way and data acquisition is expected to commence in September 2013. The seismic data will be processed by Arcis, and final data will be available to clients in late 2013.