Media
Extra EMGS boat to target seabed logging market
Upstream
Sep 21, 2006
Norwegian outfit Electromagnetic Geoservices (EMGS) will deploy a fourth offshore support vessel, the Relume, to meet rising demand for seabed logging.
“The vessel is going into service initially in the North Sea, the Norwegian Sea and the Barents Sea, and will increase the company’s ability to perform multiple surveys across the world,” the company said.
EMGS’ proprietary seabed-logging technology uses electromagnetic energy to identify offshore subsurface resistivity anomalies such as commercial-scale hydrocarbon reservoirs.
The technology is used as an exploration tool together with conventional seismic data to reduce oil companies’ risks and exploration costs.
“The acquisition of this vessel and its deployment in the North Sea and Barents Sea is significant. First, it firmly demonstrates that seabed logging has a rapidly accelerating mainstream market.
“Second, it shows that the technique is accepted by the industry as a proven means of finding hydrocarbons in both mature basins and frontier regions,” EMGS vice president of operations Erik Skogen said.
EMGS is seeing rising demand from companies that want to make more detailed surveys on mature acreage. The Relume is fitted with the latest generation of EMGS equipment, which will be field-tested off Denmark this month.
The vessel joins the Geo Angler, commissioned in mid-2003, and the Atlantic Guardian and the Sasha, which were commissioned in May and November 2005, respectively.
EMGS president Terje Eidesmo said that the company is planning to commission more vessels as the market continues to grow.
