MCG to conduct super high-res survey in the Hoop area, Barents Sea

4/9/2014

MCG to conduct super high-res survey in the Hoop area, Barents Sea

BILLINGSTAD, Norway – MultiClient Geophysical (MCG) will conduct a super high-resolution, multi-client 2D (MC2D) seismic survey in the Hoop area, Barents Sea.

The survey will provide oil companies with critical, detailed information for the prospect evaluations of the shallow Jurassic and Triassic prospects. The survey is approximately 5,600 km, and covers most of the blocks included in the public hearing for the 23rd licensing round in the Hoop area.

The project has good funding from oil companies, and will be conducted in cooperation with Exploro AS.

MCG has contracted Gardline Geosurvey to perform the survey, which is expected to commence in May 2014 and last for approximately two months.

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