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TGS ( (GB:0MSJ) ) has provided an announcement.
TGS, a leader in energy data and intelligence, has launched a new multi-client Ultra-Long Offset Ocean Bottom Node (OBN) data acquisition campaign in the Gulf of America, called Amendment West-1. This project aims to expand TGS’ node coverage in the Paleogene West play by adding over 5,400 square kilometers in the East Breaks area. The survey will utilize TGS’ advanced seismic technologies to enhance subsurface clarity, supporting exploration and development activities in a region expected to be competitive in upcoming lease rounds. The data acquisition began in mid-September and is projected to complete by mid-March 2026, with initial products available by Q2 2026. This initiative, backed by industry funding, underscores TGS’ commitment to providing high-quality seismic solutions and highlights its advanced imaging capabilities, which have garnered significant industry attention.
The most recent analyst rating on (GB:0MSJ) stock is a Sell with a NOK55.00 price target. To see the full list of analyst forecasts on TGS stock, see the GB:0MSJ Stock Forecast page.
More about TGS
TGS provides advanced data and intelligence to companies active in the energy sector. With leading-edge technology and solutions spanning the entire energy value chain, TGS offers a comprehensive range of insights to help clients make better decisions. Their broad range of products and advanced data technologies, coupled with a global, extensive and diverse energy data library, make TGS a trusted partner in supporting the exploration and production of energy resources worldwide.
YTD Price Performance: -28.96%
Average Trading Volume: 370,567
Current Market Cap: NOK14.96B
Learn more about 0MSJ stock on TipRanks’ Stock Analysis page.