Yes, Matthew, I follow TGS and agree with you. I believe the Morpho success in Foz do Amazonas is clearly positive for seismic, as well as the new strategic exploration alliance in Norway (among other frontier exploration). Separately, in mature basins, I wonder if advances in data processing may let E&Ps extract more value from data they already have, which may defer some seismic spend? I like the TGS bonds, fwiw.
Tommy you should look at TGS ASA as a beneficiary of increased exploration spending.
Yes, Matthew, I follow TGS and agree with you. I believe the Morpho success in Foz do Amazonas is clearly positive for seismic, as well as the new strategic exploration alliance in Norway (among other frontier exploration). Separately, in mature basins, I wonder if advances in data processing may let E&Ps extract more value from data they already have, which may defer some seismic spend? I like the TGS bonds, fwiw.