Data & Analytics

Suriname Taps Trio To Collect Seismic Data

TGS, BGP, and CGG signed an agreement with state-owned Staatsolie to acquire, promote, and license multiclient seismic programs, including new 3D acquisition, in the shallow waters offshore Suriname.

map of Republic of Suriname
Source: Naruedom/Getty Images

TGS, CGG, and BGP announced the signature of a multiclient agreement with Staatsolie, Suriname’s state-owned oil company. The agreement allows the consortium to acquire, promote, and license multiclient seismic programs, including new 3D acquisition and legacy data reprocessing, in the shallow water acreage offshore Suriname.

“BGP Offshore will deploy its state-of-the-art 3D vessel BGP Prospector on Phase 1 of this project,” said Luo Junchao, president of BGP Offshore.

Suriname’s shallow offshore acreage includes three blocks recently awarded and current open acreage slated to be offered in a competitive bid round in 2023. The new seismic data from the consortium’s programs will help accurately delineating the prospectivity and potential of the underexplored area and is on trend with the recent material discoveries announced in the prolific Block 58.

“We are pleased to announce entry to Suriname to continue successful evaluation of the region’s potential,” said Kristian Johansen, the CEO of TGS. “With this exciting multiclient agreement, the consortium will play a key part in encouraging and enhancing future exploration in Suriname, ultimately helping our customers derisk their investment opportunities.”

Plans are in place to start acquiring the new 3D seismic data in the shallow offshore area beginning in the fourth quarter of 2021, with first products being made available during the first half of 2022.

“The resulting exceptional data will bring new insight and potentially extend the trend of recent significant discoveries to the shallow waters of Suriname,” said Sophie Zurquiyah, CGG’s CEO.