WGP Secures Ekofisk Seismic Gig

Photo: WGP

Thalassa Holdings’ marine geophysical services specialist, WGP Group (WGP), has entered into a contract to provide long term seismic acquisition services to ConocoPhillips Skandinavia (CoP).

WGP will acquire seismic data sets on the Ekofisk field in the Norwegian sector of the North Sea.

According to Thalassa, the seismic acquisition contract has an initial five-year term.

Furthermore, Thalassa said that it expects current estimated revenue for 2015 and minimum estimated revenues for 2016 and 2017, from the two seismic services agreements currently in place, to be between US$7.5 million and US$10.0 million in 2016 and between US$10.0 million and US$12.0 million in 2017.

However, the company noted that this does not take into account any revenues which might be earned from High Resolution 3-D and from multi-client data sales which are estimated to amount in aggregate to US$9.3 million of total estimated revenues of US$18.5 million in 2015.

Share this article

Follow Subsea World News


<< Jan 2018 >>
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

SPE/IADC Middle East Drilling Technology Conference and Exhibition

The theme for this conference is “Building on Today’s Efficiencies for Tomorrow’s Market.” This will be the basis for the technical agenda…

read more >

The World Future Energy Summit (WFES) 2018

WFES will also hold its annual conference, which sees international government and business experts come together to discuss critical global…

read more >


This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >

8th Myanmar Oil, Gas & Power Summit

The Myanmar Oil and Gas Summit is the longest established Oil & Gas event in Myanmar. Every year the event is attended by government…

read more >