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Petroleum Geo-Services (PGS)

Description

PGS is a leading, international, marine geophysical company. The company's business is technology driven and they provide a broad range of seismic and reservoir services, including acquisition, imaging, interpretation, and field evaluation.

The PGS data library is among the largest and most modern in the industry. Around 60% of the 2D data and one-third of all 3D data in their library has been acquired with dual-sensor GeoStreamer® technology. That proportion is growing. 

PGS is the industry's most experienced provider of multi-sensor broadband data. Worldwide their team has acquired and processed around 600 000 sq. km of multi-sensor GeoStreamer data.  

PGS operates three larger sales and imaging hubs in Europe and North America, with local offices in 15 countries around the world. The PGS head office is in Oslo, Norway and the PGS share is listed on the Oslo stock exchange (OSE:PGS).

Oil and gas companies use PGS data in the exploration phase to investigate regional geology and to locate reservoirs and spot traps during their search for new reserves. Later, in the production phase, they need accurate data with reliable attributes to plan the interventions required to produce efficiently from existing reservoirs over the life of a field. 

Activities are organized into two business areas:

  • Sales & Services markets and sells seismic services on a contract basis, MultiClient library data, and imaging services worldwide
  • Operations & Technology plans, manages and executes all our acquisition projects, and is home to the team that develops new technology solutions

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