TGS takes Shearwater vessel for Norwegian Sea seismic shoot

Business & Finance

Norwegian seismic vessel fleet operator Shearwater has been awarded a contract by TGS for its Polar Duchess vessel.

Polar Duchess seismic vessel / Credit: GC Rieber Shipping
Polar Duchess seismic vessel / Credit: GC Rieber Shipping

The contract is for a 3D multi-client project in the Norwegian Sea, covering an 8,000 square-kilometer area with long offset triple source data acquisition. The survey will start in the summer of 2019 and last approximately 3,5 months.

According to TGS, the 2019 acquisition will mainly cover open acreage available in the yearly APA licensing rounds.

“This area covers several play models with proven hydrocarbon systems in multiple geological layers. However, it presently has little existing and no modern 3D data available. Fast-track data will be available by Q4 2019 and final product delivery is planned for Q3 2020,” TGS said on Tuesday.

“We are very pleased to announce this continuation of the Atlantic Margin 2017 and 2018 acquisition.”

Kristian Johansen, CEO of TGS: “The entire Atlantic Margin project will now cover more than 50,000km2 of the Norwegian Sea, and will provide the industry with the highest quality data in advance of scheduled licensing rounds in Norway. We will continue to prioritize this high potential region, and look forward to playing a dynamic role in future developments so that we can continue to help E&Ps make better drilling and investment decisions.”

Offshore Energy Today Staff


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