Press Releases

Up-to-Date Business Announcements from TGS

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TGS announces joint project and AMI with Fairfield Geotechnologies

24 August 2018

HOUSTON, TEXAS (24 August 2018) - TGS announces its latest multi-client project in the Delaware Basin, Quail Ridge East, which will be conducted in collaboration with Fairfield Geotechnologies. The collaboration also includes an Area of Mutual Interest (AMI) for further joint opportunities in the.

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TGS announces updates to Australian data library

08 August 2018

ASKER, NORWAY (8 August 2018) -TGS is pleased to announce that the purchase of the Capreolus 3D seismic survey from Polarcus has been completed. The Capreolus, full broadband 3D seismic survey is 22,130 km2 and covers two hydrocarbon provinces with proven, but underexplored, oil and gas plays both.

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TGS announces expansion of onshore seismic library in the SCOOP/STACK

02 August 2018

HOUSTON, TX (2 August 2018) - TGS announces expansion of two 2018 onshore seismic surveys, Gloss Mountain 3D and Canton 3D, targeting the high potential Mississippian Chester, Osage and Meramec intervals in the core of the prolific SCOOP/STACK play of the Anadarko Basin. 

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TGS announces Q2 2018 Results with highest quarterly operating profit in four years

02 August 2018

ASKER, NORWAY (2 August 2018) - TGS reported net revenues of USD 158 million in Q2 2018, up 47% from Q2 2017. Operating profit for the quarter was USD 54 million (34% of net revenues), the highest quarterly operating profit in four years. TGS' strong cash flow generation continued with free cash.

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TGS announces a new multi-client project in the UK

02 August 2018

ASKER, NORWAY (2 August 2018) - TGS announces West of Shetlands project.

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