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and SeaSeis Geophysical Limited. The survey lies within the Outer Fold & Thrust
Belt of the eastern Niger Delta, one of Nigeria’s most prolific hydrocarbon
regions and covers approximately 11,700 square kilometers.
The Laide multi-client 3D survey design is based on the GeoStreamer dual-sensor
system, long offsets, wide tow, and a triple-source configuration, delivering
modern broadband seismic data that supports full-integrity PSTM and Q-PSDM
through advanced Elastic FWI-driven velocity model building. The implementation
of this technology enables explorers to overcome the complex geological
challenges of the deepwater eastern Niger Delta, including stacked toe?thrust
structures, elongate anticlines (e.g. Bolia-Chota), inner fold-and-thrust-belt
geometries, and shale diapirs/mud volcanoes. The modern, high-fidelity 3D
seismic data provides operators with the data quality required to evaluate
prospects with greater confidence.
Kristian Johansen, CEO of TGS, commented, “Nigeria continues to play a crucial
role in the global supply of oil and gas. The expansion of our multi-client
library in Nigeria in partnership with the government through the Laide 3D
showcases our commitment to furthering hydrocarbon exploration in the region. By
utilizing industry-trusted acquisition solutions, TGS provides insights that
accelerate exploration activity and allow operators to fulfil their exploration
ambitions.”
The survey is supported by industry funding.
For more information, visit TGS.com or contact:
Bård Stenberg
VP IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com
About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).
Forward Looking Statement
All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict and are based upon
assumptions as to future events that may not prove accurate. These factors
include volatile market conditions, investment opportunities in new and existing
markets, demand for licensing of data within the energy industry, operational
challenges, and reliance on a cyclical industry and principal customers. Actual
results may differ materially from those expected or projected in the forward-
looking statements. TGS undertakes no responsibility or obligation to update or
alter forward-looking statements for any reason.
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