Market News / Story
TGS (TGSAS) Sees Q3 Multi-Client Investment ~$63M, OBN 2.2
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TGS expects preliminary Q3 2026 multi-client investment of ~$63M (vs $85.9M in Q3 2025) and reports normalized OBN crew count of 2.2. Streamer 3D vessel utilization was lower than expected in Q3 but capacity is fully booked for Q4. Material Details #DetailAI Analyst View1Q3 MC investment ~$63MSignals lower capex vs Q3 2025’s $85.9M; affects cash use and near-term revenue recognition.2OBN crew count 2.2Activity slightly above expectations; supports near-term acquisition…