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TGS announces Engagement Phase 9 in the Gulf of America
10 Feb 2026 07:00 CET
Issuer
TGS ASA
OSLO, Norway (10 February 2026) - TGS, a global provider of energy data and
intelligence, in strategic collaboration with SLB, today announced the launch of
Engagement 9, the latest phase of the companies' Ocean Bottom Node (OBN) multi-
client campaign in the Gulf of America.
Commencing earlier this month, Engagement 9 covers 161 OCS blocks in the Walker
Ridge protraction area, one of the Gulf of America's most prolific deepwater
provinces. This new dataset is expected to deliver step change improvements in
subsurface illumination across a region known for its structural complexity and
deep hydrocarbon potential. Implementation of a low frequency source enables
richer low frequency content that significantly enhances FWI and long wavelength
velocity model building.
The project's areal coverage includes several of the basin's most significant
producing assets, including Stones, Jack, St. Malo, and Cascade, providing
operators with a modern, high quality imaging uplift across established
production corridors. In addition to supporting field development and
optimization efforts, Engagement 9 is positioned to unlock infrastructure-led
exploration opportunities, offering clients greater subsurface confidence
adjacent to existing infrastructure in a region with a strong commercial track
record.
Acquisition is projected to conclude in July 2026, with final data products
anticipated for release in H2 2027.
Kristian Johansen, CEO at TGS, commented, "TGS is proud to expand our OBN data
portfolio in the Gulf of America through continued collaboration with SLB.
Engagement 9 reflects our shared commitment to technological innovation and to
delivering the highest value subsurface insight to our customers. With the
application a low frequency source and the strategic coverage of key producing
hubs, this project provides a unique opportunity to drive improved imaging and
future exploration success in one of the world's most productive deepwater
environments."
For more information, visit TGS.com or contact:
Bård Stenberg
VP IR & Business intelligence
Mobile: +47 992 45 235
investor@tgs.com
About TGS
TGS provides advanced data and intelligence to companies active in the energy
sector. With leading-edge technology and solutions spanning the entire energy
value chain, TGS offers a comprehensive range of insights to help clients make
better decisions. Our broad range of products and advanced data technologies,
coupled with a global, extensive and diverse energy data library, make TGS a
trusted partner in supporting the exploration and production of energy resources
worldwide. For further information, please visit www.tgs.com
(https://www.tgs.com/).
Forward Looking Statement
All statements in this press release other than statements of historical fact
are forward-looking statements, which are subject to a number of risks,
uncertainties and assumptions that are difficult to predict and are based upon
assumptions as to future events that may not prove accurate. These factors
include volatile market conditions, investment opportunities in new and existing
markets, demand for licensing of data within the energy industry, operational
challenges, and reliance on a cyclical industry and principal customers. Actual
results may differ materially from those expected or projected in the forward-
looking statements. TGS undertakes no responsibility or obligation to update or
alter forward-looking statements for any reason.
More information:
Access the news on Oslo Bors NewsWeb site
Source
TGS ASA
Provider
Oslo Børs Newspoint
Company Name
TGS ASA
ISIN
NO0003078800
Symbol
TGS
Market
Euronext Oslo Børs