TGS, a leading provider of multiclient geoscience data for E&P companies, said July 28 it has completed the East Coast Canada Facies Map Browser and Play Fairway Analysis (ECC FMB & PFA). Using data acquired in partnership with PGS, this study offers seamless subsurface interpretation for the entire offshore East Coast Canada and is available for immediate licensing.
The ECC FMB & PFA study integrates all released exploration wells, with a vast seismic data library, to provide the industry with the most comprehensive multiclient interpretation available for the region. It delivers a robust regional sequence stratigraphic interpretation, facies and play fairway maps that enable E&P companies to rapidly evaluate the opportunities presented in the upcoming bid rounds.
The study underscores a promising future for exploration in the region by providing detailed insights into the key reservoir and source facies within known plays, such as the Late Jurassic, within the proven Jeanne D’Arc and Flemish Pass basins. Significant upside in the prospectivity of the Paleogene and Cretaceous, especially within the underexplored basins such as the Hopedale, Flemish, Salar and South Whale Basins have also been revealed.
Delivered via the latest FMB 4.5.0 desktop browser, the study offers operators a cost-efficient off-the-shelf interpretation tool. Coupled with TGS’ extensive well data and seismic library, it provides a valuable resource and critical insights to accelerate and enhance lease sale evaluations in the region.
Company has a 9% stake in DAPL and owns Tesoro High Plains outright.
Black Stone Minerals certain mineral and royalty properties from its Permian Basin position through two separate agreements with the larger of the two involving EnCap portfolio company Pegasus Resources.
The acquisition, “while modest in size,” highlights Northern Oil and Gas’s competitive advantage as an actively managed nonoperator, COO Adam Dirlam says.