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TGS Purchases North Slope Alaska 3D Seismic Surveys

Gasoil News - Published on Wed, 22 Jan 2020

Image Source: Oil Alaska TGS
Leading provider of multi-client geoscience data for exploration & production TGS announced that it has completed the purchase of four 3D seismic surveys in the North Slope region of Alaska. The newly acquired seismic programs provide modern high-resolution imaging which encompass 1,606 square kilometers with an additional 632 square kilometers to be acquired in 2020. The surveys, which advance TGS’ effort to expand into active frontier basins, are further complemented by TGS’ extensive well data library that will assist exploration companies to further evaluate new reservoir targets and rejuvenate historic discoveries. New project acquisition, Kuukpik 3D Phase 2, is fully supported by industry funding.

The North Slope of Alaska is a prolific oil and gas producing region of the United States with over 17 billion barrels produced since the 1960’s. Onshore and near-shore discoveries have proven reserves in structural and stratigraphic traps in numerous formations ranging in age from the Mississippian Endicott Group to the Oligocene Franklin Bluffs Member. Recent discoveries in the Cretaceous topsets of the Nanushuk formation have revitalized exploration efforts in the Western North Slope and provided analogues for additional similar stratigraphic discoveries in the Eastern North Slope.

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Posted By : Yogender Pancholi on Wed, 22 Jan 2020
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