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TGS and SLB Expand Deepwater Seismic Coverage in Gulf of America with Engagement 9

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TGS and SLB Expand Deepwater Seismic Coverage in Gulf of America with Engagement 9

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TGS ( (GB:0MSJ) ) has shared an announcement.

TGS, in strategic collaboration with SLB, has launched Engagement 9, the latest phase of its Ocean Bottom Node multi-client seismic campaign in the Gulf of America, targeting 161 OCS blocks in the Walker Ridge deepwater area. The project applies low-frequency seismic sources to improve subsurface illumination and velocity model building in a geologically complex region with significant hydrocarbon potential.

Covering major producing assets such as Stones, Jack, St. Malo, and Cascade, Engagement 9 is designed to deliver a modern imaging uplift that supports both field development and optimization across established production corridors. By enhancing infrastructure-led exploration opportunities near existing offshore infrastructure, the project aims to strengthen TGS’s position in high-value deepwater markets, with acquisition due to finish in July 2026 and final data products expected in the second half of 2027.

The most recent analyst rating on (GB:0MSJ) stock is a Sell with a NOK55.00 price target. To see the full list of analyst forecasts on TGS stock, see the GB:0MSJ Stock Forecast page.

More about TGS

TGS is a global provider of advanced data and intelligence for companies in the energy sector, offering technology and solutions that span the entire energy value chain. With an extensive and diverse energy data library, the company supplies subsurface insights that support exploration, production, and decision-making for clients worldwide.

Average Trading Volume: 367,138

Current Market Cap: NOK19.88B

Find detailed analytics on 0MSJ stock on TipRanks’ Stock Analysis page.

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