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Home›Business & Finance›RXT Bags Contract for Acquisition of 4C Seismic Data in West Africa
Business & Finance

November 29, 2011 · about 14 years ago

RXT Bags Contract for Acquisition of 4C Seismic Data in West Africa

The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has been awarded a contract with Afren Energy Services Ltd for acquisition of 4C seismic data in West Africa. Start up of the project will be end November and the survey is estimated to take 26 days. The contract value is

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The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has been awarded a contract with Afren Energy Services Ltd for acquisition of 4C seismic data in West Africa.

Start up of the project will be end November and the survey is estimated to take 26 days.

The contract value is up to USD 3.5 million and the work will be done by the vessel Vikland while the vessel Ocean Pearl goes into dock to do a five year class inspection.

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. RXT has offices in Oslo, Norway in Abu Dhabi, UAE and Houston, Texas. In addition RXT is represented in Brazil with Geo RXT.

[mappress] Subsea World News Staff , November 29, 2011; Image: RXT

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