Energy data provider TGS, in a joint venture with oilfield services company SLB, announced Feb. 5 the Engagement 5 ocean- bottom node (OBN) multiclient acquisition in the U.S. Gulf of Mexico.
Starting in the first quarter 2024, Engagement 5, the seventh program within the seismic JV, involves the acquisition of 157 Outer Continental Shelf blocks through a long offset, sparse OBN survey. The Engagement 5 dataset will use elastic full-waveform inversion and long offset data to provide leaseholders and regional explorers with “technically advanced” subsurface imaging, the companies stated.
The expansion of data coverage in the eastern region of Green Canyon will adjoin with prior phases, establishing a continuous coverage area of over 23,000 sq km, from the Mississippi Canyon to the Garden Banks licenses.
Initial data results will be available in the second half of 2024.
Recommended Reading
E&P Highlights: March 4, 2024
2024-03-04 - Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.
Subsea7 Awarded Sizable Contract in GoM
2024-04-12 - Subsea7 will install a flowline for Talos’ Sunspear development in the Gulf of Mexico.
Technip Energies Wins Marsa LNG Contract
2024-04-22 - Technip Energies contract, which will will cover the EPC of a natural gas liquefaction train for TotalEnergies, is valued between $532 million and $1.1 billion.
Ohio Utica’s Ascent Resources Credit Rep Rises on Production, Cash Flow
2024-04-23 - Ascent Resources received a positive outlook from Fitch Ratings as the company has grown into Ohio’s No. 1 gas and No. 2 Utica oil producer, according to state data.
Sinopec Brings West Sichuan Gas Field Onstream
2024-03-14 - The 100 Bcm sour gas onshore field, West Sichuan Gas Field, is expected to produce 2 Bcm per year.