News
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EMGS reports second quarter and first half year 2014 results
Electromagnetic Geoservices ASA's (EMGS) reported revenues of USD 42.5 million in the second quarter 2014, down from USD 61.3 million in the first quarter this year and from USD 44.4 million in the corresponding quarter last year. Contract sales totaled USD 35.5 million, while multi-client sales were at USD 7.0 million this quarter. The Company had an EBITDA of USD 10.9 million and a net loss of USD 2.5 million.
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Q2 2014 webcast details
Electromagnetic Geoservices ASA (EMGS) will release its second-quarter and first, half-year 2014 results on Thursday, 21 August 2014.
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EMGS releases interactive, multi-client maps
From EMGS's website, you now have interactive access to EMGS’s multi-client library.
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EMGS receives agreement for multi-client data offshore Faroe Islands
Electromagnetic Geoservices ASA (EMGS) has received an agreement worth USD 4.3 million for multi-client data offshore the Faroe Islands.
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CSEM study indicates fluids in channel play offshore Brazil
For several years, discussions in the oil and gas industry have alluded to the similarities of reservoir and channel systems of the Teak and Jubilee discoveries in Ghana, and compared these with the success of the Zaedyus discovery in French Guiana. In a recent edition of First Break, EMGS geoscientists used multi-client 3D CSEM data and 2D seismic grid to discuss how regional CSEM data integrated with seismic in deepwater exploration can be a powerful tool for investigating fluid properties in reservoir sections.
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EM data “a perfect partner to seismic”
The E&P Daily News, a newsletter produced for the recent EAGE 2014 Conference & Exhibition, included a favorable article about the integration of EM data with seismic.