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EMGS Reports Approximately USD 2 Million in sales

Source: www.gulfoilandgas.com 3/16/2017, Location: Europe

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Electromagnetic Geoservices ASA (EMGS) has entered into agreements involving data licensing as well as processing and interpretation services related to 3D EM data in Norway and Mexico. The agreements represent revenues of approximately USD 2 million.

EMGS is pleased to announce the execution of the above agreements. We are excited about being given the opportunity by our customers to reduce their exploration uncertainty through the use of 3D EM data, says Christiaan Vermeijden, CEO.

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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 

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