TGS, a global energy intelligence and data provider, will have the opportunity to sink its teeth into the legacy datasets of 3D coverage in the Malaysian coastal province of Sarawak.
The company has signed a multi-client reprocessing agreement to expand multi-client 3D coverage in the region. The agreement was signed together with JV consortium partners PGS and SLB.
The expansion will be achieved by reprocessing legacy datasets with the approval of Petronas Malaysia Petroleum Management (MPM) to complement and merge with the newly acquired phases, TGS said in its statement.
The reprocessing addendum enhances a multi-year contract initially awarded by Petronas in August 2020 to acquire and process up to 105,000 square kilometers (40,540 square miles) of multi-client 3D data over a five-year period in the basin. The second phase of Sarawak’s acquisition program is currently underway in blocks ND-3 and SK-3B and will be merged with approximately 6,700 square kilometers (2,590 square miles) of reprocessed data.
To recall, in May this year TGS, in partnership with PGS and SLB, secured pre-funding for a multi-client 3D seismic survey of 6,885 square kilometers (2,660 square miles) off the coast of Malaysia in the northern province of Luconia in the Sarawak basin.
This survey is based on the initial phase of this project in Sarawak North Luconia province, which began in 2021 and covered 8,400 square kilometers (3,250 sq mi).
“This multi-client reprocessing agreement in Sarawak will further strengthen our data footprint in Malaysia,” Will Ashby, vice president of Eastern Hemisphere at TGS, said in a company statement.
“This initiative demonstrates our commitment to providing comprehensive and high-quality data to the energy industry. Leveraging our extensive experience in geoscience and advanced technology, we aim to provide valuable information to further develop the region. This strategic effort strengthens the position of TGS and the JV consortium as a trusted partner in Malaysia’s exploration and production sector,” he added.
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