03 December 2014, News Wires – Seismic duo Electromagnetic Geoservices (EMGS) and TGS have agreed to extend their cooperation agreement in the Barents Sea.
– Upstream
03 December 2014, News Wires – Seismic duo Electromagnetic Geoservices (EMGS) and TGS have agreed to extend their cooperation agreement in the Barents Sea.
EMGS said the pair had agreed to gather 3D electromagnetic data over 10 new blocks in the Nordkapp and Tiddly areas and will each hold a 50% share in the data.
It added that the survey was expected to kick off in about two weeks using the Atlantic Guardian survey vessel and would take about two months to complete.
The shoot is supported by industry funding and EMGS said the contribution from TGS related to the campaign would be booked as a reduction of the carrying value of its existing multi-client library.
– Upstream
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