Electromagnetic Geoservices ASA (EMGS) signed a multi-client acquisition agreement with the Directorate General of Hydrocarbons (DGH) in India. The agreement grants EMGS a two-year permit to acquire 3D EM multi-client data within a 325,000sq km area off West coast India, crossing eight different tectonic provinces from Kutch-Saurashtra in North to Ratnagiri in South.
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The BOA Thalassa. From EMGS. |
The agreement also gives the DGH access to EMGS’ 3D EM multi-client data acquired going forward within the permitted area.
“We are encouraged by the Directorate’s interest in how the use of our technology can improve the understanding of the sub-surface and reduce drilling risk in the defined areas. Some of the proposed areas are very challenging to explore due to the presence of basalt from lava flows that created the DeccanTraps. We believe our EM technology can play an important role in the improvement of sub-basalt imaging in these areas,” Stig Eide Sivertsen, EMGS CEO said.
In conjunction with oil companies in India, EMGS has identified eight potential survey areas to evaluate different geologic scenarios within the permit area. The survey locations has been carefully chosen based on reviews of well and seismic data that the company has had access to, as well as evaluations of feasibility and sensitivity for MMT and CSEM.
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