Rod Starr, Senior VP Western Hemisphere for TGS, commented, "This data volume will represent a continued investment in the deep water region of the Gulf of Mexico and will provide new, high quality data over mainly open acreage, which will be available to industry in future lease rounds."
This project is supported by industry funding.
TGS-NOPEC Geophysical Company (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, permanent reservoir monitoring and data integration solutions.
For more information visit TGS online at www.tgs.com.
Forward-looking statements and contact information
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 TGS' reliance on a cyclical industry and principal customers, TGS' ability to continue to expand markets for licensing of data, and TGS' ability to acquire and process data products at costs commensurate with profitability. 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.
TGS-NOPEC Geophysical Company ASA is listed on the Oslo Stock Exchange (
TGS sponsored American Depositary Shares trade on the U.S. over-the-counter market under the symbol "TGSGY".
For additional information about this press release please contact: Kristian Johansen Chief Financial Officer Tel: +47 47 60 33 34 Email: firstname.lastname@example.org Will Ashby Director Investor Relations and M&A Tel: +1 713 860 2184 Email: email@example.com Rod Starr Senior VP Western Hemisphere Tel: +1 713 860 2100 Email: Rod.Starr@tgs.com