Electromagnetic Geoservices ASA (EMGS) has announced that
Starting with the upcoming ninth bidding round scheduled for November this year, operators can now include seabed-logging surveys in their exploration work program commitments. Previously, these work commitments were restricted to more conventional exploration techniques such as seismic surveys.
Terje Eidesmo, EMGS president and chief executive officer, said, "ANP is now the second government petroleum agency to officially adopt seabed logging as a valid exploration technology in work commitment programs.
"With more than 250 seabed-logging surveys completed for most of the world's leading energy companies, we welcome this development with ANP as it provides further evidence that seabed logging is becoming a mainstream exploration technology.
For more information please visit http://www.emgs.com
Recommended Reading
Halliburton’s Low-key M&A Strategy Remains Unchanged
2024-04-23 - Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
Crescent Energy: Bigger Uinta Frac Now Making 60% More Boe
2024-05-10 - Crescent Energy also reported companywide growth in D&C speeds, while well costs have declined 10%.
Well Logging Could Get a Makeover
2024-02-27 - Aramco’s KASHF robot, expected to deploy in 2025, will be able to operate in both vertical and horizontal segments of wellbores.
E&P Highlights: Feb. 26, 2024
2024-02-26 - Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.