Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring
May 18 2021 - 7:00AM
Business Wire
Companies introduce full-field fiber and
seismic imaging to improve downhole insight
Halliburton Company (NYSE: HAL) and TGS-NOPEC Geophysical ASA
(OSLO:TGS) today announced a collaboration to bring advanced
seismic imaging to fiber optic sensing. The alliance will provide
operators with advanced insight to determine their reservoir
potential for oil and gas production or carbon storage. The
Halliburton FiberVSP™ and Odassea™ distributed acoustic sensing
solutions will now incorporate TGS’s seismic imaging workflows that
process the entire seismic wavefield to generate high-resolution
reservoir images.
“We are excited to transform vertical seismic profiling to a
full-field, digital, and intervention-less surveillance solution,”
said Trey Clark, vice president of Wireline and Perforating.
“Through our collaboration with TGS, we can now enable real-time
monitoring of production across an entire field, allowing our
customers to make better decisions and increase ultimate
recovery.”
“This solution enables enhanced reservoir understanding for our
customers with a lower total cost of ownership relative to
conventional 4D seismic,” said Jan Schoolmeesters, executive vice
president of TGS Operations and New Energy Solutions. “We’ve
leveraged the competencies and know-how of both organizations to
drive the change our industry needs for proactive reservoir
management. For TGS, this collaboration meets our strategic
initiatives to increase our focus on technology and mature basins,
capture more repeatable business, and offer customers cost
efficient new energy solutions like carbon storage monitoring.”
Work is underway to deliver this combined solution for multiple
onshore and offshore reservoir monitoring projects.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
approximately 40,000 employees, representing 130 nationalities in
more than 70 countries, the company helps its customers maximize
value throughout the lifecycle of the reservoir – from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
company’s website at www.halliburton.com. Connect with Halliburton
on Facebook, Twitter, LinkedIn, Instagram and YouTube.
About TGS
TGS provides scientific data and intelligence to companies
active in the energy sector. In addition to a global, extensive and
diverse energy data library, TGS offers specialized services such
as advanced processing and analytics alongside cloud-based data
applications and solutions.
For more information, visit TGS online at www.tgs.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210518005057/en/
For Halliburton
Investors: Abu Zeya Halliburton, Investor Relations
Investors@Halliburton.com 281-871-2633 Media: William
Fitzgerald Halliburton, External Affairs PR@Halliburton.com
713-876-0105
For TGS Investors:
Sven Børre Larsen SVP Strategy investor@tgs.com Media:
Jaclyn Townsend Director, Corporate Marketing
jaclyn.townsend@tgs.com
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