With the commission’s authorisation, TGS will be able to process information from 30,000 wells throughout Mexico and deliver well data products to E&P operators. The company will tackle onshore and offshore exploration wells in the first stage of processing, in addition to wells that may be included in upcoming bid rounds.
“With this combination of well data packages, comprising over 30,000 exploration, appraisal and critical wells from across Mexico, alongside our existing Gigante regional offshore 2D-seismic survey and our recently reprocessed onshore Mexico 2D-seismic dataset, TGS is optimally positioned to provide our clients with a comprehensive, high-quality Mexican database,” said Kristian Johansen, TGS CEO, in a statement.
“Our Mexican library will help E&P companies to evaluate petroleum potential from deep water to conventional and unconventional plays onshore, optimising efforts in pursuing new lease rounds and investment opportunities in this region.”
According to the release, TGS has already begun processing well data and aims to make a first delivery in February.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
This website uses cookies.