CGG and TGS announced Monday they will conduct a 5,000 sq km survey of the Greater Castberg area in the Barents Sea.
The project is supported by industry funding, and the survey will include the highly prospective Castberg area and cover existing and newly awarded licenses in addition to open acreage with several play models in multiple geological layers.
The acquisition is expected to commence late second quarter of 2019 with final delivery to clients in the fourth quarter of 2020.
“Greater Castberg will expand the great TGS data coverage in the Barents Sea, said Kristian Johansen, CEO, “TGS. The survey sits in the right place of the Barents Sea, and production licenses will start producing from this area in 2022.”
Johansen added, “The area calls for high-technology solutions, and a tailor-made solution for this area is created in close collaboration with the clients and within the JV.”
The survey will be acquired and processed with the latest developments of CGG’s TopSeis acquisition and imaging technology.
“Our unique TopSeis solution combines an innovative source-over-spread acquisition geometry with CGG’s advanced imaging technology,” said Sophie Zurquiyah, CEO, CGG. “This unique solution enables our clients to delineate shallow-to-intermediate depth targets in the Barents Sea, which are not resolved by conventional methods.
“The new survey will add to CGG’s library of modern broadband multi-client data in the Barents Sea, an excellent resource for optimizing the discovery and development of hydrocarbons.”