EMGS Expands Multi-Client Basalt Mapping Project to Vøring Basin, Norway
- Business & Finance
Electromagnetic Geoservices ASA (EMGS) has in response to industry demand expanded the previously announced multi-client basalt mapping project in the West of Shetland area to the Vøring Basin in the Norwegian Sea.
The vessel Atlantic Guardian will therefore continue to acquire controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data through to the second half of November 2012.
EMGS’s data will be used with seismic data to determine the thickness of basalt layers and to improve the understanding of regional trends in geologically challenging basins with significant potential for hydrocarbon reservoirs.
The project is fully pre-funded and may be expanded subject to additional industry commitment and vessel availability.
Press Release, October 25, 2012