News
-
EMGS – Webcast details Q4 2014 results
Electromagnetic Geoservices ASA (EMGS) will release its fourth quarter 2014 results on Thursday, 5 February 2015. CEO Bjarte Bruheim and CFO Svein Knudsen will present the results from 10:00 CET at Hotel Continental, Stortingsgata 24, Oslo. Please note that the time of the presentation has changed.
-
EMGS – Sales from the multi-client library in Brazil
EMGS has entered into a data licensing agreement worth USD 1.8 million with an international oil company for the provision of 3D EM data from a portion of the EMGS's multi-client data library in Foz do Amazonas in Brazil.
-
EMGS – New sales from the multi-client library in the Barents Sea
17 December, EMGS signed another data licensing agreement with an international oil company, worth USD 3.3 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.
-
Norwegian Petroleum Directorate has requested access to all inverted EM data acquired by EMGS
EMGS has informed all license holders of EMGS data from the Norwegian territorial waters that the Norwegian Petroleum Directorate (NPD) has requested access to (i) all CSEM inversion data owned by EMGS acquired in the Norwegian territory from 2008 through 2014 and (ii) the CSEM data to be acquired in the Tiddly and Nordkapp basins in 2015, with reference to the petroleum regulation of 18 June 2001.
-
EMGS – Sales from the multi-client library in the Barents Sea
EMGS has entered into a data licensing agreement worth USD 7.1 million with an oil company for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea.
-
EMGS research aims for up to 80% reduction in computation time
EMGS and the University of Oslo have developed a fast and efficient way of performing multi-model 3D electromagnetic simulations. The scheme led to a significant reduction time in inversion. Specifically, for a focused inversion of the Troll oil field in the North Sea, as much as 80% of the total modeling time was reduced using the new approach.