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EMGS Entered into a $3m Data Licensing Agreement

Source: www.gulfoilandgas.com 3/13/2015, Location: Europe

Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. The agreement is worth approximately USD 3 million.

The data will be delivered in March 2015 and EMGS will therefore book the full amount as late sales in the first quarter 2015.

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Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


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