TGS commences acquisition of Pelotas 2D multi-client Phase 3 offshore Brazil

Source: press release, 11 May 2021

TGS Pelotas 2D Multi-client Phase 3 Offshore Brazil
TGS Pelotas 2D Multi-client Phase 3 Offshore Brazil (illustration: TGS)

TGS, a global provider of energy data and intelligence, has announced that it has commenced acquisition of Pelotas 2D multi-client phase 3 offshore Brazil.

The survey, located in the Pelotas Basin, covers approximately 17,000 line kilometres and works as an extension of the existing TGS Pelotas 2D. This survey is designed to provide high-quality 2D data that will enhance geological understanding of the area allowing clients to de-risk investments in future bid rounds, such as the upcoming Round 17.

“We’re pleased to commence Phase 3 of this survey – further strengthening our data library and position offshore Brazil. We are proud to provide time-sensitive data ahead of Round 17 while continuing to build a contiguous and regularised 2D grid along the Atlantic Margin. Early outs will be ready in two tranches (June and July 2021) to allow our clients to analyse the data well ahead of the upcoming license round,” comments David Hajovsky, EVP of Western Hemisphere, at TGS.

TGS currently holds over 447,500 kilometres in 2D multi-client data and 69,500 square kilometres in 3D multi-client data in Brazil.