RXT Announces Gulf Survey Contract
Reservoir Exploration Technology ASA (RXT) has signed a letter of intent for a contract in the Gulf of Mexico. The survey duration is estimated to be around 2 months, with a possible phase two of a further four months to be started later in the year.
The survey will be acquired with "RXT1."
Reservoir Exploration Technology ASA (RXT) is a
marine geophysical company specializing in multi
component seismic sea-floor 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 exploration, and is
also the solution where towed streamers are
impractical due to high density of platforms and/
or shallow waters. The Company has offices in
Oslo, London and Houston.