Norway: EMGS Enters Barents Sea Survey Deal with Statoil

Electromagnetic Geoservices ASA (EMGS) announced that it has signed a contract with Statoil to acquire high-resolution, full-azimuth 3D electromagnetic (EM) data for continued research purposes in the Barents Sea.

The survey will be performed by the vessel Atlantic Guardian using densely sampled receiver grids, thereby providing high-resolution data.

Following the survey in the Barents Sea, which is expected to take approximately twelve days, the vessel will complete its campaign of back-to-back surveys with a work programme in the North Sea before heading to the Americas towards the end of July.

About EMGS

EMGS, the marine EM market leader, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The company’s services enable integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface. This improves exploration efficiency, and reduces risks and the finding costs per barrel.

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Source:EMGS , June 27, 2011