TGS Announces Birmingham-Gemini 3D Seismic Survey in Appalachian Basin
October 23 2024 - 12:00AM
UK Regulatory
TGS Announces Birmingham-Gemini 3D Seismic Survey in Appalachian
Basin
OSLO, Norway (23 October 2024) – TGS, a global
leader in energy data and intelligence, today announced an
extension to the Birmingham 3D seismic survey covering 276 square
miles. The survey is strategically located on the western flank of
the Appalachian Basin, aligning with the most prospective trend of
the Utica-Point Pleasant formation and Clinton sands.
Kristian Johansen, CEO of TGS, commented: "The Birmingham-Gemini
3D survey reflects TGS' commitment to uncovering the Appalachian
Basin's potential. Combined with our well-log database and
analytical products, it provides clients with critical insights to
drive exploration and production success, highlighting our
dedication to delivering premium geoscience data for informed
decision-making.”
The Birmingham-Gemini 3D seismic survey will target key
formations in the Appalachian Basin, including the Ordovician
Trenton, Black River, Utica/Point Pleasant, Cambrian reservoirs,
and Silurian Clinton sands. Positioned up-dip from the Utica
condensate and gas trend, the survey aims to explore the
under-explored Point Pleasant oil window.
Using advanced seismic imaging, the project will map deep
structures to identify hydrocarbon traps, analyze facies changes
and optimize well placement. These insights will aid operators in
refining exploration and production strategies.
TGS will enhance the seismic data by integrating it with its
extensive Appalachian geologic and well database, including over
480,000 well logs. Proprietary formation tops and well performance
metrics, available through the TGS Well Data Analytics platform,
provide clients with comprehensive analysis for deeper insights
into the region's potential.
Recording for the Birmingham-Gemini 3D survey will commence in
early 2025, with the fully processed dataset available to clients
by year-end.
This project is supported by industry funding.
For more information, visit TGS.com or contact:
Bård Stenberg
IR & Business Intelligence
Mobile: +47 992 45 235
investor@tgs.com
About TGS
TGS provides advanced data and intelligence to companies active in
the energy sector. With leading-edge technology and solutions
spanning the entire energy value chain, TGS offers a comprehensive
range of insights to help clients make better decisions. Our broad
range of products and advanced data technologies, coupled with a
global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of
energy resources worldwide. For further information, please visit
www.tgs.com (https://www.tgs.com/).
Forward Looking Statement
All statements in this press release other than statements of
historical fact are forward-looking statements, which are subject
to a number of risks, uncertainties and assumptions that are
difficult to predict and are based upon assumptions as to future
events that may not prove accurate. These factors include volatile
market conditions, investment opportunities in new and existing
markets, demand for licensing of data within the energy industry,
operational challenges, and reliance on a cyclical industry and
principal customers. Actual results may differ materially from
those expected or projected in the forward-looking statements. TGS
undertakes no responsibility or obligation to update or alter
forward-looking statements for any reason.
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