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TGS and Oseberg's combined offering helps E&P companies reduce operational risks
TGS and Oseberg's combined offering helps E&P companies reduce operational risks

Yahoo

time3 hours ago

  • Business
  • Yahoo

TGS and Oseberg's combined offering helps E&P companies reduce operational risks

Energy data and intelligence provider TGS has partnered with next-generation data company Oseberg on a new offering for exploration and production (E&P) companies. Oseberg provides lease and regulatory data for the energy sector, transforming unusable oil and gas public filings into actionable intelligence. This collaboration aims to enhance the capabilities of TGS' Well Data Analytics (WDA) platform by incorporating Oseberg's comprehensive lease data attributes, offering users a more robust analytical tool. The integration's first phase allows WDA users to access lease ownership information for Texas, New Mexico and Oklahoma in the US, alongside other critical subsurface well data. By combining these datasets, E&P companies can streamline well planning, decrease legal and operational risks, and refine development strategies. The partnership is expected to provide merger and acquisition analysis, project site planning, investment evaluation and resource inventory management. TGS' WDA tool combines high-quality well data with adaptable search workflows, map-based visualisations, advanced plotting and customisable dashboards within a cloud-based application. TGS Well Data Products vice-president Carl Neuhaus said: 'Our partnership with Oseberg creates a full-service subsurface data offering combining the highest quality lease data with the most comprehensive geological and well database. 'Integrating Oseberg lease ownership data empowers our users to verify land ownership in minutes and use TGS data to quantify resource deliverability, improve development planning accuracy and quickly identify the most valuable opportunities. As always, these workflows are developed with customers to ensure seamless integration and hassle-free displacement of existing solutions.' TGS recently initiated a 3D seismic reprocessing project in the Krishna-Godavari Basin in India. The project aims to upgrade the value of existing seismic data through advanced processing techniques. "TGS and Oseberg's combined offering helps E&P companies reduce operational risks" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

TGS and Oseberg Partner to Integrate Lease Data into Well Data Analytics Platform
TGS and Oseberg Partner to Integrate Lease Data into Well Data Analytics Platform

Yahoo

time9 hours ago

  • Business
  • Yahoo

TGS and Oseberg Partner to Integrate Lease Data into Well Data Analytics Platform

HOUSTON, Texas (09 June 2025) – TGS, a global leader in energy data and intelligence, has announced a strategic partnership with Oseberg, a premier provider of lease and regulatory data for the energy sector. This collaboration brings Oseberg lease data attributes into TGS' Well Data Analytics (WDA) platform for enhanced analysis. In the first phase of the integration, WDA users can now seamlessly access lease ownership data for Texas, New Mexico, and Oklahoma, as well as other subsurface well data. This combined offering enables E&P companies to plan wells more efficiently, reduce legal and operational risks, and optimize development strategies by aligning drilling programs with land ownership and leasehold constraints. Key use cases include merger and acquisition analysis, project site planning, investment evaluation, and resource inventory management. Carl Neuhaus, Vice President of Well Data Products at TGS, said, 'Our partnership with Oseberg creates a full-service subsurface data offering combining the highest quality lease data with the most comprehensive geological and well database. Integrating Oseberg lease ownership data empowers our users to verify land ownership in minutes and use TGS data to quantify resource deliverability, improve development planning accuracy, and quickly identify the most valuable opportunities. As always, these workflows are developed with customers to ensure seamless integration and hassle-free displacement of existing solutions.' Evan Anderson, CEO/CO-Founder of Oseberg, added, 'You need clean, structured, and context-rich information to make real decisions. For our lease ownership data, we've chosen to focus where others haven't: structuring the unstructured filings that underpin everything from the right to drill to the creation of proration units at the tract and formation level. This layer of insight is the bedrock on which reserves, strategy, and execution rely. That's why, when we found a partner with complementary strengths in well and production data, TGS was the clear choice. In a world where public data can obscure critical details like elevations, depths, perforations, producing formations, and drill stem tests, TGS' unparalleled subsurface and well log library unlocks a level of understanding that few others can match. Together, we're harmonizing two bedrock layers of the upstream story, and we're excited about what that enables for the market.'The lease data provided by Oseberg in the TGS Well Data application overlaying the well data. About TGSTGS maintains the industry's most extensive well data library, comprising over 100 years of curated public and non-public sources. Our user-friendly Well Data Analytics tool integrates high-quality well data with adaptable search workflows, map-based visualizations, advanced plotting and customizable dashboards within a cloud-based application. For further information, please visit ( About OsebergOseberg is a next-generation data company transforming unusable oil & gas public filings into actionable intelligence. Our NLP engine dStill handles what generic AI can't - handwritten notes, inconsistent formatting, and domain-specific language. We create continuously updating streams of structured data that enable real-time signal detection, helping land, regulatory, and strategy teams anticipate what's coming, not just interpret what happened. From filings to foresight. Learn more at For media inquiries, contact: Bård StenbergIR & Business Intelligence investor@

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