MMS Awards Digital Well Log Data Management Contract to TGS

MMS Awards Digital Well Log Data Management Contract to TGS

ID: 7172

(Thomson Reuters ONE) - Houston (20 October, 2009) - The US Department of Interior's MineralsManagement Service (MMS) has entered into a new contract withTGS-NOPEC Geophysical Company (TGS) for well log data managementservices over the next 5 years in the Outer Continental Shelf (OCS).Under the agreement, TGS will also provide the MMS with historic datafrom the Gulf of Mexico. This agreement marks TGS' second termcontract managing well log data for the MMS.The MMS first selected TGS as their service provider for new-drilldata management services in 2004. In this role, TGS acts as thecollection point for all operator acquired well log data in the OCSregions. After receiving the data, TGS processes it to the MMS'standard and then serves as the official release agent to the publiconce the Operator's proprietary period has elapsed."We are honored that MMS has chosen TGS again for this contract,"noted John Adamick, Senior VP Geological Products. "We look forwardto serving MMS' well log data management needs over the next fiveyears."TGS' global well database includes nearly six million logs and otherborehole data from key hydrocarbon provinces worldwide. The data isavailable online via LOG-LINE Plus!®, a data repository with search,order and download capabilities.TGS-NOPEC Geophysical Company (TGS) is a principal resource forglobal geoscientific data products and services in the E&P industry.TGS specializes in the design, acquisition and processing ofmulti-client seismic surveys worldwide and delivers advanced highperformance seismic imaging and software solutions. The Company alsoprovides the world's largest online well-log database, well datamanagement services, multi-client interpretive products andsubsurface consulting services to industry. The suite of integratedexploration data products available from TGS is distinctive andunmatched. The Company philosophy is to create unique high-qualitydata collected in the right place at the right time.TGS-NOPEC Geophysical Company ASA is listed on the Oslo StockExchange (OSLO:TGS).John AdamickSenior Vice President, Geological Products and ServicesTel: +1 713 860 2100Email: john.adamick(at)tgsnopec.comKaren El-TawilVP, Business DevelopmentTel: +1 713 860 2100Email: karen.el-tawil(at)tgsnopec.comThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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N.V. on 5 November 2009
Bereitgestellt von Benutzer: hugin
Datum: 21.10.2009 - 07:50 Uhr
Sprache: Deutsch
News-ID 7172
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