TGS-NOPEC’s Geological Products and Services unit (formerly A2D) has secured another multi-million dollar underwriting commitment to its US Log Ascii Standard well log digitizing program. The unnamed client will receive approximately 400,000 LAS and four million smartRASTER well logs over three years.
TGS COO Robert Hobbs said, ‘This transaction is larger than the record deal we announced in 2007. The onshore US program now has six underwriters and commitments to nearly 850,000 wells covering much of the Rocky Mountains and the onshore Gulf Coast regions. This is in addition to our extensive Gulf of Mexico coverage.’
TGS’ well log database contains over five million well logs from key exploration areas worldwide. The data is available to clients via the LogLine Plus. More from email@example.com.
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