TGS releases shale data from SCOOP/STACK operator

By TGS Geophysical Co. | December 31, 2019

TGS, a geoscience data firm, has completed a transaction to purchase over 800 square miles of onshore 3D seismic surveys from a U.S. based E&P company. The data is available for licensing immediately.

This transaction supports TGS’ onshore growth strategy with the addition of key surveys, most notably in the SCOOP-STACK of the Anadarko Basin, Powder River Basin, and Permian Basin. Furthermore, this purchase complements TGS’ leading seismic data offering in the onshore United States and offers operators a more comprehensive onshore seismic library from which to enhance their exploration efforts in significant hydrocarbon-bearing basins.

Kristian Johansen, CEO at TGS commented, “These new datasets strengthen our position in core areas of onshore US and expand our library coverage in new prospective areas.  In combination with our extensive library of enhanced well data products, including log reconstruction via machine learning (ARLAS), we continue to offer the most complete subsurface data to shale players in the US.”

TGS provides multi-client geoscience data to oil and gas exploration and production companies worldwide. In addition to extensive global geophysical and geological data libraries that include multi-client seismic data, magnetic and gravity data, digital well logs, production data and directional surveys, TGS also offers advanced processing and imaging services, interpretation products, and data integration solutions.

In 2018, TGS also released seismic data for the SCOOP/STACK and Permian plays. Find that information here.