TGS set to expand northwest Australia frontier seismic library

July 2, 2018
TGS has signed an agreement to acquire the Australian Capreolus 3D seismic survey from Polarcus’ multi-client library.

Offshore staff

ASKER, Norway – TGS has signed an agreement to acquire the Australian Capreolus 3D seismic survey from Polarcus’ multi-client library.

CEO Kristian Johansen said: “This high fold, full broadband seismic survey is 22,130 sq km [8,544 sq mi] in size and covers two hydrocarbon provinces with proven but underexplored oil and gas plays in the Beagle and Bedout sub-basin offshore northwest Australia.

“This transaction strengthens our 3D-positionoffshore Australia and the dataset is very complementary to our existing, extensive 3D database in the neighboring Carnarvon basin.”

07/02/2018