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TGS Launches New 3D Seismic Survey in Norway’s Åsta Graben

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TGS ( (GB:0MSJ) ) just unveiled an announcement.

TGS has launched a new multi-client 3D GeoStreamer seismic acquisition and processing project in the Åsta Graben area of the Norwegian North Sea, aimed at expanding its existing data coverage. The survey will provide dual azimuth GeoStreamer X data over key prospective zones and is expected to run for about 75 days.

Management says the Central Graben remains one of the most active and promising regions on the Norwegian Continental Shelf, with a solid production history and recent discoveries underpinning continued industry interest. Backed by industry funding, the project is set to strengthen TGS’ data offering for future exploration and development, reinforcing its role as a key data partner for operators in the basin.

The most recent analyst rating on (GB:0MSJ) stock is a Buy with a NOK200.00 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 Norway-based provider of advanced energy data and intelligence, serving companies across the energy value chain. Leveraging leading-edge technologies and an extensive global energy data library, it delivers seismic surveys and analytics that support exploration and production decisions worldwide.

Average Trading Volume: 563,568

Current Market Cap: NOK29.57B

See more data about 0MSJ stock on TipRanks’ Stock Analysis page.

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