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TGS-NOPEC Completes Depth Migration Project in the Eastern Gulf of Mexico.

Business Wire

| August 25, 2000 | COPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Business/Energy Editors

HOUSTON--(BUSINESS WIRE)--Aug. 25, 2000

TGS-NOPEC Geophysical Company announces the availability of a pre-stack depth migration project in the Eastern Gulf of Mexico. Approximately 5,200 kilometers of 2D seismic data from TGS-NOPEC's Phase 49 grid, located in the deep water portion of the Eastern Gulf OCS Planning Area, is included in the project. GX Technology performed the depth imaging in partnership with TGS-NOPEC.

"Because of the variability of water depths and the strong lateral variations in rock velocities across the study area, pre-stack depth imaging is necessary to get an accurate picture of potential hydrocarbon bearing traps," says Karen El-Tawil, vice president of TGS-NOPEC's Gulf of Mexico Division. "The opportunity oil companies ...

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