TGS has kicked off the acquisition of a 3D multi-client survey called Sunfish, covering up to 7,800sq km of highly prospective acreage in the Harper Basin offshore West Africa’s Liberia.
The survey will provide data coverage for the source prone, syn-rift and early post-rift sequences in this area. TGS has been active in acquiring data over the West Africa Transform margin for the past decade. The survey demonstrates its ongoing commitment to grow Africa’s seismic data library, according to Stein Ove Isaksen, Senior VP Eastern Hemisphere.
The company is chartering the 12 streamer Polarcus Asima for the survey, with the charter to last for approximately six months.
Data processing will be performed by TGS and will be avail- able to clients in Q4 2013, prior to Liberia’s planned Bid Round later this year. The survey is supported by industry funding.
Recommended Reading
Matador Stock Offering to Pay for New Permian A&D—Analyst
2024-03-26 - Matador Resources is offering more than 5 million shares of stock for proceeds of $347 million to pay for newly disclosed transactions in Texas and New Mexico.
Kimmeridge Fast Forwards on SilverBow with Takeover Bid
2024-03-13 - Investment firm Kimmeridge Energy Management, which first asked for additional SilverBow Resources board seats, has followed up with a buyout offer. A deal would make a nearly 1 Bcfe/d Eagle Ford pureplay.
Laredo Oil Subsidiary, Erehwon Enter Into Drilling Agreement with Texakoma
2024-03-14 - The agreement with Lustre Oil and Erehwon Oil & Gas would allow Texakoma to participate in the development of 7,375 net acres of mineral rights in Valley County, Montana.
SLB’s ChampionX Acquisition Key to Production Recovery Market
2024-04-21 - During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
2024-04-26 - Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.