TGS to conduct 3D multi-client project offshore Argentina

Norwegian seismic services provider TGS will undertake a new 3D multi-client project offshore Argentina.

TGS said on Wednesday that the Malvinas 3D survey would cover around 7,300 square kilometers of highly prospective Malvinas Basin, which saw interest during Argentina Round 1 earlier this year.

The survey will employ one Shearwater vessel, with operations set to begin in the fourth quarter of 2019 and run until the second quarter of 2020.

According to the company, initial products will be available in early 2021, with final products slated for the second half of 2021.

Kristian Johansen, CEO at TGS, said: “We are very pleased to announce this offshore Argentina project. The Malvinas MC3D survey clearly supports TGS’ growth initiative in the South Atlantic and will build on the great momentum seen by the previous Spectrum 2D campaign in helping to open up this frontier area for further exploration.”

It is worth noting that the project is supported by industry funding and that TGS operates as NOPEC Geophysical in Argentina.

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