The project, which will cover about 5,000km², features several exploration licenses, significant discovery licenses and parts of the open acreage included in the November 2019 bid round.
The acquisition is expected to complete in late third quarter of 2019 and will be carried out by PGS’ Ramform Atlas using the high-resolution Geostreamer technology. The Jeanne d’Arc HD3D survey borders Newfoundland’s manufacturing fields that include Hibernia , Terra Nova , White Rose , North Amethyst and Hebron.
TGS CEO Kristian Johansen said: “This survey will provide our clients with the first comprehensive, high resolution 3D dataset within the mature Jeanne d’Arc basin. This highly productive and prospective area has long been a priority to our customers and we are pleased to provide better data to support future drilling and license rounds.”
The jointly owned library will have over 189,000km of 2D GeoStreamer data and about 56,000km² of 3D GeoStreamer data after the ninth consecutive season of data acquisition in offshore East Canada. The region also includes an expansive well log library and advanced multi-client interpretation products that will enhance play, trend and prospect delineation.
In May 2019, TGS and PGS announced the Torngat 3D multi-client project in Offshore East Canada.
Torngat 3D will cover about 3,287km² and encompasses sections of the open acreage included in the Labrador South November 2021 bid round. The project is supported by industry funding.