TGS, in partnership with Dolphin Geophysical, will commence acquisition of a new 3D multi-client survey, Olho de Boi, covering 5,000 km2 offshore Brazil. The survey is designed to image pre-salt plays in the hydrocarbon rich Campos Basin and is located northeast of the Pão de Açúcar discovery in an area of similar structural and stratigraphic characteristics.
"The Olho de Boi survey will be TGS' first 3D survey in Brazil," stated Rod Starr, Senior VP Western Hemisphere for TGS. "The Company has conducted considerable geologic review and reprocessing of existing 2D data to ensure strategic placement of the survey in a highly prospective area in the Campos Basin. We expect this 3D survey will be of high interest to the industry for future lease round activities."
The seismic data will be acquired by the M/V Sanco Swift. Data processing will be performed by TGS using its proven proprietary broadband processing technology, Clari-FiTM. Data will be available to clients in Q4 2014.