# TGS

> TGS is a publicly traded energy data and services company that acquires, processes and licenses seismic information, provides imaging software and supports energy operators with subsurface and operational intelligence. Its multi-client library lets multiple customers license the same survey; its integrated acquisition business includes Ramform vessels and ocean-bottom-node technology.

- **Founded:** 1981
- **Headquarters:** Houston, United States (operational); Oslo, Norway (financial)
- **Founders:** David W. Worthington (Co-founder of the original TGS; identified in the 2001 annual report)
- **Products:** Multi-client seismic library, Marine seismic acquisition, Imaging AnyWare, Imaging and reprocessing services, Wind AXIOM and TGS | 4C
- **Notable:** Merged with PGS on 1 July 2024., Reported a 2x multi-client sales-to-investment ratio for 2025., Secured Shell’s four-year Imaging AnyWare software license agreement in 2024.

## Products & services

- **Multi-client seismic library** — Non-exclusive licensing of regional 2D, 3D and OBN seismic datasets; clients can browse coverage and access licensed data through myTGS.
- **Marine seismic acquisition** — Ramform vessels, GeoStreamer receivers and ocean-bottom nodes collect data for exploration, development and monitoring.
- **Imaging AnyWare** — Enterprise seismic processing and imaging software for cloud, on-premises and hybrid computing. Shell licensing agreement announced in July 2024.
- **Imaging and reprocessing services** — Full waveform inversion, depth imaging, interpretation and 2Dcubed regional interpolation help extract useful subsurface information.
- **Wind AXIOM and TGS | 4C** — Offshore wind observational data, models and market intelligence.
- **Prediktor Data Gateway** — Industrial operational data infrastructure connecting sensors and control systems with enterprise analytics and applications.
- **Carbon storage and geothermal data services** — Subsurface data, characterization and monitoring capabilities for new energy applications.

## Achievements

- Merged with PGS on 1 July 2024.
- Reported a 2x multi-client sales-to-investment ratio for 2025.
- Secured Shell’s four-year Imaging AnyWare software license agreement in 2024.
- Reported USD 679 million backlog in Q3 2026, excluding the sold North American well data business.

## Latest updates

- **2026-10** — Q3 results reported USD 397 million revenue; operational challenges and low contract prices weighed on margins. Multi-client investment guidance reduced from approximately USD 550 million to USD 510 million as contract work displaced some planned projects.
- **2026-10** — Prediktor Data Gateway agreement with Aker BP expanded beyond the original Yggdrasil scope.
- **2026-10** — Pelotas Sul Phase 2 announced with SLB; approximately 11,200 square kilometers, with acquisition scheduled to start in October 2026 and finish in Q2/Q3 2027.
- **2026-10** — Framework agreement signed with Galdor Exploration for integrated data and AI exploration workflows.
- **2026-07** — Closed North American well data products sale to Enverus: USD 100 million at closing and up to USD 15 million contingent earn-out; TGS retained an internal-use library license.

## Links

- Website: https://www.tgs.com/
- LinkedIn: https://www.linkedin.com/company/tgs-220114/
- Twitter/X: https://x.com/TGScompany
- YouTube: https://www.youtube.com/@tgs8281
- Instagram: https://www.instagram.com/tgsgeo/
- Facebook: https://www.facebook.com/tgsgeosciencedatacompany/

---

Profile page: https://yespress.io/tgs
Published by YesPress — https://yespress.io
Last updated: 2026-10-23