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TGS Enters Into Data Release Agreement for Offshore and Onshore Wells

05/18/2012

TGS has entered into new data release agreements with the UK Department of Energy and Climate Change (DECC) and the British Geological Survey (BGS). These agreements permit TGS to release new and historical data for all onshore and offshore wells in the UK. The well data, once captured and quality controlled, will be available online from TGS. TGS has been a data release agent for the DECC since 2006, but the previous agreement was limited to exploration and appraisal wells in the offshore UK. In 2012, the new agreement was expanded to include offshore development wells and data from UK onshore wells drilled under petroleum licenses issued by the DECC. For wells drilled before petroleum licensing began in the 1960’s, TGS secured a reseller agreement with the BGS to gain access to its collection of historical well and borehole data.

“We are pleased to achieve these two major milestones in regards to our UK onshore well data, especially for those companies looking for unconventional oil and gas opportunities within the UK,” commented John Adamick, Senior Vice President of Geological Products and Services at TGS. TGS’ data coverage for UK onshore now includes 1,200 DECC wells and access to approximately 2.5 million borehole records held by the BGS. Offshore UK coverage consists of 10,000 wells that include 4,300 exploration and appraisal wells. TGS’s global well data library of 6.6 million well logs from 32 countries is available online via LOG-LINE Plus!®