TGS launches new series of exploratory surveys offshore Greenland

Projects and Operations - May 9, 2008

TGS-NOPEC Geophysical Company (TGS) has started the 2008 Greenland data acquisition programme which will add 138,000km of aeromagnetic and aerogravity data and 8,300km of 2-D seismic data to its Greenland database.

The two aeromag/aerogravity projects are located in the Labrador Sea/Ungava Basin (80, 000km) and offshore northeast Greenland (58,000km) respectively.

Both surveys will be processed by TGS in Asker and will be available to industry in the fourth quarter of 2008. 

The 2-D seismic programme in Baffin Bay will commence early in the third quarter of 2008. The programme will infill the existing 60 x 60 kilometer grid acquired by TGS in 2007.

Combined, the two seismic programmes will provide an important grid of data that can be utilized by E&P companies to prepare for future license rounds planned for the area. The data will be processed by the TGS Imaging Services group in Bedford, England and will be delivered to clients by the end of 2008.  
 
The TGS Greenland campaign is supported by strong industry pre-funding.

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