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>

<< May 2016 >>
MTWTFSS
25 26 27 28 29 30 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 31 1 2 3 4 5

Underwater Technology Conference

2016 will be a year to remember for all of us working in the oil and gas industry and it will be talked about in decades to come, such as they…

read more >

5th International Conference Offshore Cabling 2016

At the upcoming event you will get the opportunity to learn from offshore cable installation case studies and gain insights into latest…

read more >

OPEX Global Subsea Power Cables Forum for the O&G and Energy Industry 2016

This year subsea power cable forum will bring together key experts from Oil and Gas and Energy Industry globally to discuss the current…

read more >

ADVANCED SUBMARINE POWER CABLE & INTERCONNECTION FORUM

The 2016 event will look to emulate the success of this years’ conference and continue to showcase real practical examples on what the industry…

read more >