EMGS unveils new approach to MT modeling and inversion
In the November-December issue of Geophysics, EMGS geoscientists Sébastien de la Kethulle and Rune Mittet present a new and efficient MT (magnetotelluric) modeling and inversion scheme.
First Break features cover story on impact of CSEM
The EAGE publication First Break featured a cover story in November called "The impact of CSEM on exploration decisions and seismic: two case studies from the Barents Sea."
EMGS – Contract awarded in Brazil
Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map shallow gas hydrates in the Pelotas Basin.
EMGS reports third quarter 2014 results
Electromagnetic Geoservices ASA (EMGS) reported revenues of USD 41.7 million in the third quarter 2014, down from USD 42.5 million in the second quarter this year and up from USD 23.6 million in the corresponding quarter last year. Contract sales totaled USD 29.8 million, while multi-client sales were at USD 11.9 million this quarter. The Company had an EBITDA of USD 11.0 million and a net income of USD 7.0 million.