ARKeX” height=”600″ src=”https://www.offshore-technology.com/wp-content/uploads/static-progressive/offshore.jpg” style=”padding: 10px” title=”ARKeX will carry out the survey in an area of 50,000km2 offshore Greenland.” width=”300″ />
ARKeX, a provider of non-seismic geophysical imaging services, has announced the start of a new multi-client full tensor gravity gradiometry (FTG) survey off the coast of Greenland.
The company will work in partnership with ION Geophysical Corporation, a provider of geophysical technology, services and solutions for the global oil and gas industry.
ARKeX will carry out the survey in an area of 50,000km2, covering a substantial portion of pre-round blocks on offer to the Kanumas Group.
The survey area also covers ordinary round blocks that will be offered next year as part of Greenland’s ongoing license rounds.
ARKeX vice president of business development Phill Houghton said: "Greenland has vast potential, and by combining ARKeX FTG data with ION’s SPAN data, together we will be able to deliver an enhanced geologic model of this frontier area."
ION director of arctic solutions and technology Joe Gagliardi added: "ION and ARKeX are applying a unique application of basin-scale data sets and non-seismic data to produce a 3D data volume ahead of the 2013 licensing round."
The offshore region north-east of Greenland has reserve estimates of 8.5 billion barrels of oil equivalent, 80.4 trillion cubic feet of gas and 8.5 billion barrels of natural gas liquids.
ARKeX will incorporate the acquired FTG data with ION’s 2D north-east GreenlandSPAN programme, in order to build a 3D structural model of the area.
The data from the survey is expected to be available in the third quarter of the year.
Image: ARKeX will carry out the survey in an area of 50,000km2 in offshore Greenland. Photo: courtesy of ARKeX.