Electromagnetic Geoservices (EMGS) has 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 data within a 325,000 square km area off the west coast of India.
It will cross eight different tectonic provinces from Kutch-Saurashtra in the North to Ratnagiri in the South.
The agreement also gives the DGH access to EMGS’ 3D EM multi-client data acquired going forward within the permitted area.
Stig Eide Sivertsen, chief executive of EMGS, said: “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.”
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.