TGS, SLB Pelotas Sul Survey
Analysis based on 6 articles · First reported Jun 18, 2026 · Last updated Jun 18, 2026
The announcement of the Pelotas Sul Phase 1 seismic survey by TGS and EITC is expected to positively impact the energy sector by providing crucial data for oil and gas exploration in Brazil. This could lead to increased investment and future licensing rounds in the Pelotas Basin, benefiting companies involved in exploration and production. The market sentiment for TGS is positive due to its expansion into a promising frontier region.
TGS, in a joint venture with EITC, announced the Pelotas Sul Phase 1 multi-client 3D seismic survey in the Pelotas Basin offshore southern Brazil. This survey, covering approximately 13,500 square kilometers, aims to expand high-quality seismic coverage in one of Brazil's most promising frontier regions. The Ramform Titan vessel mobilized for the survey in December 2025, with data acquisition expected to conclude in early Q3 2026. The Pelotas Basin has garnered increasing interest due to its geological analogs and underexplored play concepts. This project, which includes both held and open acreage, is anticipated to provide valuable subsurface insights, supporting customers in evaluating new exploration opportunities and potentially leading to future licensing rounds. Athletics at the 1952 Summer Olympics – Men s discus throw, CEO of TGS, emphasized the importance of this expansion.
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