TGS has signed a letter of award (LOA) with SeaBird Exploration to acquire up to 300,000 km (186,411 mi) of 2D seismic data offshore Mexico and in US Atlantic waters. The LOA provides TGS access to charter up to six seismic vessels over a period of approximately 36 months. This activity is expected to begin in 2015.
"TGS is pleased to have secured customer funding and access to seismic vessels for the regional 2D activity that is targeted for 2015," said Rod Starr, senior vice president of the Western Hemisphere for TGS. "There is a high level of oil company interest in Mexico and US Atlantic, and we believe that these will be important regions for future exploration."
EMGS receives survey contract award in Brazil
Electromagnetic Geoservices ASA (EMGS) has received a contract worth $1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas basin. The vesselEM Leader has begun the survey.
The project is a collaboration between the Pontifical Catholic University (PUCRS) of Rio Grande do Sul and Petrobras' research and development center, CENPES.
Offshore Newfoundland and Labrador pore pressure study available
Nalcor Energy and Ikon Science Canada have released the first large-scale regional pore pressure study for offshore Newfoundland and Labrador.
The Regional Pore Pressure Study evaluates the subsurface pressure systems in Newfoundland and Labrador's eastern frontier slope and deepwater basins. The study spans an offshore area from northern Labrador to the Flemish Pass in the south, including the newly discovered Chidley, Henley, and Holten basins in the Labrador Sea. The analysis integrates well data and new regional seismic data that were compared to global analogous.
The study is funded in part by the Provincial Government's Offshore Geoscience Data Program. Since 2009, the Provincial Government has invested $17.3 million in offshore exploration through the Offshore Geoscience Data Program. The report is available for free on the Nalcor Energy website.
SeaBird to conduct 2D survey in Southeast Asia
SeaBird Exploration has a letter of intent for a 2D seismic survey in Southeast Asia. The survey will have an estimated value of $12-13 million. The project is expected to start during January 2015 and to have an estimated duration of as much as four months.