EMGS in Barents Data Sale

0
192

Electromagnetic Geoservices (EMGS) has struck a data licensing agreement with an undisclosed oil company for the sale of 3D EM data related to the 23rd licensing round in the Barents Sea.

EMGS said that the deal is worth USD 2.5 million, before potential adjustment for partner’s share of revenues.

EMGS has a multi-client database covering 42,000 square kilometres of the Barents Sea, as well as 10,000 square kilometres in the Norwegian Sea and 1400 square kilometers in the North Sea.

 

 

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.