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EMGS announce additional cost reductions
Electromagnetic Geoservices ASA (EMGS) announces that the Company implements additional cost reduction measures reflecting the challenging market conditions in the oil service industry.
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EMGS signs agreement with Directorate General of Hydrocarbons in India
Electromagnetic Geoservices ASA (EMGS) is pleased to announce that the Company has signed a multi-client acquisition agreement with the Directorate General of Hydrocarbons (DGH) in India. The agreement grants EMGS a two year permit to acquire 3D EM multi-client data within a 325,000 square km area off West coast India, crossing eight different tectonic provinces from Kutch-Saurashtra in North to Ratnagiri in South.
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Prospectivity evaluation with 3D CSEM published in First Break
Daniel Baltar and Neville Barker describe a method to update a prospect’s existing evaluation with 3D CSEM data. The resulting improvement to risk and volume assessments enables operators to reduce uncertainty and meliorate investment decisions.
