{"id":494778,"date":"2021-05-18T07:03:55","date_gmt":"2021-05-18T11:03:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\/"},"modified":"2021-05-18T07:03:55","modified_gmt":"2021-05-18T11:03:55","slug":"halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\/","title":{"rendered":"Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring"},"content":{"rendered":"

<\/p>\n

Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring<\/b><\/p>\n

Companies introduce full-field fiber and seismic imaging to improve downhole insight<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nHalliburton Company (NYSE: HAL) and TGS-NOPEC Geophysical ASA (OSLO:TGS) today announced a collaboration to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP\u2122 and Odassea\u2122 distributed acoustic sensing solutions will now incorporate TGS\u2019s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images.\n<\/p>\n

\n\u201cWe are excited to transform vertical seismic profiling to a full-field, digital, and intervention-less surveillance solution,\u201d said Trey Clark, vice president of Wireline and Perforating. \u201cThrough our collaboration with TGS, we can now enable real-time monitoring of production across an entire field, allowing our customers to make better decisions and increase ultimate recovery.\u201d\n<\/p>\n

\n\u201cThis solution enables enhanced reservoir understanding for our customers with a lower total cost of ownership relative to conventional 4D seismic,\u201d said Jan Schoolmeesters, executive vice president of TGS Operations and New Energy Solutions. \u201cWe\u2019ve leveraged the competencies and know-how of both organizations to drive the change our industry needs for proactive reservoir management. For TGS, this collaboration meets our strategic initiatives to increase our focus on technology and mature basins, capture more repeatable business, and offer customers cost efficient new energy solutions like carbon storage monitoring.\u201d\n<\/p>\n

\nWork is underway to deliver this combined solution for multiple onshore and offshore reservoir monitoring projects.\n<\/p>\n

About Halliburton<\/b><\/p>\n

\nFounded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With approximately 40,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir \u2013 from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the company\u2019s website at www.halliburton.com<\/a>. Connect with Halliburton on Facebook<\/a>, Twitter<\/a>, LinkedIn<\/a>, Instagram<\/a> and YouTube<\/a>.\n<\/p>\n

About TGS<\/b><\/p>\n

\nTGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.\n<\/p>\n

\nFor more information, visit TGS online at www.tgs.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210518005057\/en\/<\/a><\/span><\/p>\n

For Halliburton
\n<\/span><\/b><\/p>\n

Investors:
\n<\/b>
Abu Zeya
\n
Halliburton, Investor Relations
\n
Investors@Halliburton.com
\n<\/a>
281-871-2633<\/p>\n

Media<\/b>:
\n
William Fitzgerald
\n
Halliburton, External Affairs
\n
PR@Halliburton.com
\n<\/a>
713-876-0105\n<\/p>\n

For TGS
\n<\/span><\/b><\/p>\n

Investors:
\n<\/b>
Sven B\u00f8rre Larsen
\n
SVP Strategy
\n
investor@tgs.com
\n<\/a><\/p>\n

Media:
\n<\/b>
Jaclyn Townsend
\n
Director, Corporate Marketing
\n
jaclyn.townsend@tgs.com
\n<\/a><\/p>\n

KEYWORDS:<\/b> Texas Norway Europe United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Energy Other Energy Oil\/Gas<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring Companies introduce full-field fiber and seismic imaging to improve downhole insight HOUSTON–(BUSINESS WIRE)– Halliburton Company (NYSE: HAL) and TGS-NOPEC Geophysical ASA (OSLO:TGS) today announced a collaboration to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP\u2122 and Odassea\u2122 distributed acoustic sensing solutions will now incorporate TGS\u2019s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images. \u201cWe are excited to transform vertical seismic profiling to a full-field, digital, and intervention-less surveillance solution,\u201d said Trey Clark, vice president of Wireline and Perforating. \u201cThrough our collaboration … <\/p>\n

Continue reading “Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494778","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHalliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring Companies introduce full-field fiber and seismic imaging to improve downhole insight HOUSTON–(BUSINESS WIRE)– Halliburton Company (NYSE: HAL) and TGS-NOPEC Geophysical ASA (OSLO:TGS) today announced a collaboration to bring advanced seismic imaging to fiber optic sensing. The alliance will provide operators with advanced insight to determine their reservoir potential for oil and gas production or carbon storage. The Halliburton FiberVSP\u2122 and Odassea\u2122 distributed acoustic sensing solutions will now incorporate TGS\u2019s seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images. \u201cWe are excited to transform vertical seismic profiling to a full-field, digital, and intervention-less surveillance solution,\u201d said Trey Clark, vice president of Wireline and Perforating. \u201cThrough our collaboration … Continue reading "Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-18T11:03:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210518005057r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring\",\"datePublished\":\"2021-05-18T11:03:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\\\/\"},\"wordCount\":475,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20210518005057r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/halliburton-and-tgs-collaborate-to-advance-seismic-reservoir-monitoring\\\/\",\"name\":\"Halliburton and TGS Collaborate to Advance Seismic Reservoir Monitoring - 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