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See energy defined.Northeast Newfoundland and Flemish PassINTERPRETATION PROJECTS

© 2015 TGS-NOPEC Geophysical Company ASA. All rights reserved.

For more information, contact TGS at:

UK Tel: +44 208 339 4200 Email: gps-sales@tgs.com

US Tel: +1 713 860 2100 Email: gps-sales@tgs.com

Sequence Stratigraphic Interpretation and Play Fairway AnalysisPROJECT DETAILSTGS has generated a sequence stratigraphic and play fairway analysis interpretation project utilising the new TGS Offshore Northeast Newfoundland Shelf seismic survey data and available well data to:

� Provide a geologic model of the depositional basin fill over time

� Delineate the presence, thickness and distribution of reservoir and seal with respect to timing and movement associated with tectonic activity

� Identify and risk-assess prospective hydrocarbon leads by performing basin modeling and AVO analysis

In addition, TGS has integrated and interpreted well log data to define a sequence stratigraphic framework. Depositional environments and associated facies will be interpreted based on log character for available wells. Where insufficient well data is available, seismic facies analysis will be used to define the gross depositional environments. Gross depositional environment maps for up to 21 sequences have been interpreted and mapped.

DELIVERABLESInterpreted seismic and well data are delivered in shape, image and ASCII file formats. TGS also provides clients with a viewer, the Facies Map Browser (FMB), to review all well and map data.

Deliverables will include:

� Processed well curve data

� Sequence boundaries picked on log data

� Seismic horizons used to define and constrain sequence boundaries

� Gross depositional environment maps based on well and seismic events

� Seismic facies maps

� Reservoir, seal, and play fairway summary maps

� Core descriptions and cor summart report for 9 wells

The structural interpretation deliverables include:

� Structure maps

� Horizons

� AVO analysis

� Leads and features catalogue

� Fault segments

� Fault polygons and polygons that delineate potential hydrocarbon anomalies.

Other geologic features such as areas of igneous activity and major depositional features such as deltas, fans, debris flows and turbidites are also identified and interpreted. A report summarizing the current seismic based interpretation projects and basin modeling has been prepared.

BENEFITSThe benefits of the sequence stratigraphic study and play fairway analysis are:

1. A fundamental exploration tool that takes many man years to complete and therefore few companies complete in such detail

2. A fast track understanding of basin development and shortened exploration cycle time

3. New and extended insight into the gross depositional environments of the region

4. Reduced risk through delineating source, seal and reservoir for use in predictive exploration

5. A robust framework for play modelling and exploration work

6. Integrated data in a single environment to improve productivity

REQUIREMENTSClients must license 50% of underlying seismic data.