RXT Enters into LOI for 4C Seismic Acquisition Offshore West Africa

The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has entered into a LOI with an international oil company regarding acquisition of 4C seismic data in West Africa.

The intention is to conclude the final contract during May and start up of the project will be in Q2. The work is estimated to take 4-5 months, depending on the final lay out of the acquisition design. The final contract is subject to board and government approvals.

Reservoir Exploration Technology ASA (RXT)is the only marine geophysical company specializing in multi component seismic seafloor acquisition. Multi-component seismic solves several imaging challenges that cannot be resolved with towed streamer seismic, and targets improved oil recovery from existing fields. The technology also gives better data quality for appraisal and development, and is also the solution where towed streamers are impractical due to high density of platforms and/ or shallow waters.

Source: rxt, May 2, 2011;

 

Share this article

Follow Subsea World News

Events>

<< Apr 2015 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Aberdeen – Introduction to Subsea Facilities

This is an intensive one-day course and is specifically designed for all offshore topsides maintenance operatives and other support staff…

read more >

Transnational Oil, Gas and Energy Law

Study a Unique Online Learning Programme that is Highly Relevant to Today’s International Market…

read more >

Fundamentals of Offshore Field Development

The course delivers the detailed knowledge required, along with management strategies, for you to successfully engage in the sector…

read more >

Global Offshore Technology 2015

The conference and exhibition was held under the auspices of The Ministry of Energy, Commerce, Industry & Tourism Cyprus and united…

read more >