TGS has completed processing of its Erlend Wild West multi-client 3D seismic survey west of Shetland, offshore UK, offering an enhanced subsurface image of the region.
TGS has completed processing of its Erlend Wild West multi-client 3D seismic survey west of Shetland, offshore UK, offering an enhanced subsurface image of the region.
Erlend Wild West is a 3900 km2 survey consisting of 1900 km2 of data acquired during a project which began in the autumn of 2018, using Clari-Fi broadband technology to deliver high-fidelity imaging of the subsurface, along with a number of vintage surveys, including EW12 3D.
The combination of processing of new and reprocessing of vintage data for this survey area has realized a significant uplift in imaging the visualization of the sub–basalt-influenced geological settings, including high velocity contrasts and volcanics, said TGS. This will allow greater understanding of the plays in one of the most exciting E&P regions of the UK continental shelf, the company added.
Kristian Johansen, CEO at TGS, said: ‘The Erlend Wild West survey in the West of Shetlands region covers an area that already has existing discoveries and where a number of high potential prospects have also been identified. Already, feedback from first customers has been particularly positive.’
Meanwhile, TGS expects net segment revenues for the first quarter of 2020 of $152 million. Multi-client investments for the quarter are expected to be approximately $138 million with a prefunding rate of 61%.
