TGS announces new seismic project in the Anadarko basin

AI Summary

TGS announces expansion of its 2018 onshore seismic activity with the Canton 3D seismic survey in the Anadarko basin. This project will encompass a minimum of 452 mi2 north of TGS’ Loyal Complex, targeting the high potential Mississippian Chester, Osage and Meramec intervals in the heart of the prolific SCOOP/STACK play fairway.

Permitting of the survey has already commenced and data acquisition is expected to begin in second-quarter 2018, with preliminary data available during fourth-quarter 2018 and final data during first-quarter 2019. The data will be processed by TGS utilizing its modern land imaging technology to provide clients with high resolution imaging of prospective reservoir intervals.

The seismic survey is complemented by TGS’ extensive geologic products database in the SCOOP/STACK, comprising data from over 100,000 wells and multiple interpretive products including Basin Temperature Modeling.

“TGS continues to see momentum in our onshore seismic business. The Anadarko basin is recognized as a top U.S. shale play and it is generating high interest from producers nationwide.

This new survey helps to strengthen our leading position in the SCOOP/STACK play fairway and demonstrates continued support from our customers as they pursue exploration and development targets using our data. Along with the recently announced Hackberry Complex and existing Loyal Complex surveys, TGS now offers contiguous modern seismic data coverage in this prolific area,” commented Kristian Johansen, TGS CEO.

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