EMGS strikes deal for Gulf of Mexico data

  • Business & Finance

Electromagnetic Geoservices ASA (EMGS), a Norwegian geophysical services company, has entered into a data licensing agreement with an international oil company for the provision of 3D EM data from the Gulf of Mexico. 

EMGS said on Wednesday it would provide the multi-client data library over the Daybreak project located in the western US Gulf of Mexico worth a total of $1.5 million.

“The Daybreak data set is bordering Mexico’s Perdido offshore oil province, and we find it encouraging that sales also are emerging from cross boarder exploration strategies in this region,” says Juan M. Santana, EMGS President – NSA.

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