EMGS secures Barents Sea 3D data deal

Offshore staff

TRONDHEIM, Norway -- Electromagnetic Geoservices (EMGS) has signed a $1.2-million licensing agreement to provide 3D EM data from its multi-client data library in the Norwegian Barents Sea.

The agreement includes an uplift model granting EMGS an undisclosed sum should the client customer secure blocks in future Norwegian licensing rounds.

EMGS' data library covers over 30,000 sq km (11,583 sq mi) in the Barents Sea, spanning 110 blocks of which 57 are currently open blocks.

1/1/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...