HOUSTON (21 February 2019) – TGS announces a new multi-client 3D seismic survey in the Campos Basin in Brazil. The survey will cover approximately 11,200 km2 within the granted permit area and will be acquired by Shearwater with the Amazon Warrior.

 The survey will provide contiguous 3D coverage over the highly prospective Brazil Round 16 blocks located in the outer Campos Basin. TGS will utilize advanced imaging (RTM) and velocity model building (FWI) technologies to create accurate and high-resolution images of the prolific Pre-Salt objectives.

 Fast Track products will be available in Summer 2019 ahead of Round 16 with final products available in Q2 2020.

“With our third multi-client program in Brazil over the past year, the Campos 3D confirms TGS’s commitment to the country and solidifies the continued expansion of our high-quality and timely exploration products in the Brazilian Salt Basins. The project fits well with our strategy of increasing our footprint in the prolific basins in the South Atlantic region”, states Kristian Johansen, TGS CEO. “Furthermore, the survey provides additional visibility to our guided multi-client investments for 2019, with more than USD 200 million already committed”

 This project is supported by industry funding.