PGS and TGS Announce Torngat 3D Survey Offshore East Canada
20 Mayo 2019 - 12:50AM
May 17, 2019: Oslo, Norway,
PGS and TGS announce the Torngat 3D MultiClient project in Offshore
East Canada.
Torngat 3D will cover approximately 3,287 square
kilometers and encompasses sections of the open acreage included in
the Labrador South November 2021 bid round. PGS' Ramform Titan will perform the acquisition, utilizing
Geostreamer® technology. The project is expected to commence
in late July 2019. PGS will process the GeoStreamer data.
The Torngat 3D survey sits within Labrador Sea's
southern sedimentary basins where frontier exploration has already
successfully identified hydrocarbons, such as in the nearby
Hopedale and Snorri discoveries. Torngat 3D will be the first 3D
seismic survey to be acquired offshore Labrador.
Following this ninth consecutive season of data
acquisition in offshore East Canada, the jointly owned library will
have approximately 52,000 square kilometers of 3D GeoStreamer data
and more than 189,000 line kilometers of 2D GeoStreamer data.
This project is supported by industry funding.
FOR DETAILS, CONTACT: |
Bård Stenberg, SVP IR & Corporate
Communications
Phone: +47 67 51 43 16
Mobile: +47 99 24 52 35
|
***
Petroleum Geo-Services ASA and its subsidiaries ("PGS" or "the
Company") is a focused marine geophysical company that provides a
broad range of seismic and reservoir services, including
acquisition, imaging, interpretation, and field evaluation. The
Company MultiClient data library is among the largest in the
seismic industry, with modern 3D coverage in all significant
offshore hydrocarbon provinces of the world. The Company operates
on a worldwide basis with headquarters in Oslo, Norway and the
PGS share is listed on the Oslo stock exchange (OSE: PGS). For more
information on PGS visit www.pgs.com.
***
The information included herein contains certain
forward-looking statements that address activities, events or
developments that the Company expects, projects, believes or
anticipates will or may occur in the future. These statements are
based on various assumptions made by the Company, which are beyond
its control and are subject to certain additional risks and
uncertainties. The Company is subject to a large number of
risk factors including but not limited to the demand for seismic
services, the demand for data from our MultiClient data library,
the attractiveness of our technology, unpredictable changes in
governmental regulations affecting our markets and extreme weather
conditions. For a further description of other relevant risk
factors we refer to our Annual Report for 2018. As a result of
these and other risk factors, actual events and our actual results
may differ materially from those indicated in or implied by such
forward-looking statements. The reservation is also made that
inaccuracies or mistakes may occur in the information given above
about current status of the Company or its business. Any reliance
on the information above is at the risk of the reader, and PGS
disclaims any and all liability in this respect.
--END--
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Petroleum Geo-Services ASA via Globenewswire
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