New multi-beam project for GoM

ASKER, NORWAY - TGS announced Feb. 2 an Otos multi-beam and seep study project for the northern Gulf of Mexico. Acquisition of the multi-beam survey is underway and is the first stage of a seep and geochemistry program covering the GoM. The survey is designed to mirror the successful Gigante study in the Mexican region of the GoM that was conducted in 2016. The new program will cover approximately 289,000 km2 and include 250 cores with advanced geochemistry analysis. TGS will continue to work with the same acquisition providers as in the Mexico program, Fugro and TDI Brooks. Final results in all areas should be available in late 2017. "The Otos study will provide insight into the distribution of different sources of rock geology throughout the U.S. GoM and link it in a consistent fashion to the Mexico survey. The new project is "in an area where TGS has a strong track record and a large complimentary data library", said Kristian Johansen, CEO of TGS. This project is supported by industry funding. TGS provides geoscience data to oil and gas exploration and production companies with financial headquarters in Asker, Norway. (Source: TGS 02/02/17)