EMGS wins hydrocarbon prospect appraisal contracts

Sept. 2, 2008
Electromagnetic Geoservices (EMGS) has been awarded a $10 million contract from a new customer to appraise a hydrocarbon prospect.

Offshore staff

TRONDHEIM, Norway -- Electromagnetic Geoservices (EMGS) has been awarded a $10 million contract from a new customer to appraise a hydrocarbon prospect. The contract will begin in September.

EMGS has also been awarded several smaller contracts totaling $10 million by customers in Norway.

The company will use its Clearplay Evaluate service to evaluate the prospects. The data will be acquired using densely sampled, wide-azimuth 3D EM grids.

09/02/2008