ARKex acquiring FTG data offshore Greenland

Projects and Operations - April 30, 2012

| More

ARKeX, a provider of non-seismic geophysical imaging services, in conjunction with ION Geophysical Corporation, has announced the commencement of a new multi-client full tensor gravity gradiometry (FTG) survey offshore Greenland.

The 50,000km2 (30,000 line km) survey will cover a substantial portion of the pre-round blocks that are on offer to the KANUMAS group and the ordinary round blocks that will be offered next year as part of Greenlandís ongoing license rounds.

With reserve estimates of 8.5 billion BOE, 80.4 trillion cf of gas, and 8.5 bb of natural gas liquids, the region offshore northeast Greenland is very attractive to E&P companies.

The FTG data will be incorporated with IONís 2D Northeast GreenlandSPAN programme to build a 3D structural model of the area, giving exploration companies valuable geologic information on which to base their exploration decisions.

The data is due to be available in the third quarter of 2012.

 

More articles from this category

More news

Categories

Product Guide

News Letter

Fill in your name, company and e-mail address below for our bi-weekly newsletter.

Subscribe
Unsubscribe

Clarksons

Powered by MARIS.

Subscribe to Offshore Shipping News Online RSS

Follow Offshore Shipping News Online on Twitter

Subscribe to email updates

Sponsors

sponsorsponsorsponsor

Events

9th Deepwater China Convention 2014
24-25 April 2014
China, Shenzhen.

FPSO Topsides Design and Layout
29-30 April 2014
United kingdom, London.

Subsea Vessels Conference
29-30 April 2014
Norway, Oslo.

OSV Chartering Contract Management Middle East
29-30 April 2014
United arab emirates, Dubai.

Subsea Power Cables
30 April-01 May 2014
United kingdom, London.

More events