Rocksource Expands Focus to Include Shallow Water Settings
Rocksource
Rocksource has developed and tested new proprietary algorithms to deal with the shallow water challenges for the electromagnetic
technology. Until recently, the technology has
been considered unsuitable for waters shallower
than 200 meter due to added noise. The tests
carried out have been successful and the company
is able to define the critical issues that must
be addressed when collecting EM data in shallow
water. This will enable screening of areas
previously considered unsuitable for the EM
technology and will affect the strategy for the
company's portfolio development.
The current results will have strategic implications for Rocksource's approach in building a portfolio of exploration licenses as it expands the application of EM technology into larger parts of both the Norwegian and the UK Continental Shelf where the water depth is shallower than 200 meter.
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