Barents Sea Rock Atlas Aids Arctic Energy Exploration

Press Release
Thursday, July 26, 2012

RSI, a geoscience consulting firm to the oil exploration industry, completes several late sales of its Arctic atlas.

RSI recently completed several late sales of its 79-well Barents Sea Rock Physics Study and Atlas of Seismic Expression; in total 17 companies have now licensed this product. The total value of the Barents Sea late sales and Mid-Norway exceeds $900,000.

RSI CEO Richard Cooper stated, “It is clear that the recent high impact discoveries made by Statoil and partners at Skrugard and Havis have reinvigorated interest in the Barents Sea. With more than 70 blocks available as part of the 22nd licensing round in the Barents Sea, we are delighted that many E&P companies view our comprehensive rock physics study as a key tool for assessing the prospectivity of the region. In addition, significant interest has been shown in our recent proposal to launch a research project that investigates the causes and effects of electrical anisotropy and its impact on controlled source electromagnetic (CSEM) data.”

RSI is an independent geoscience consulting firm offering quantitative reservoir characterization with the goal of reducing exploration drilling risk and optimizing reservoir appraisal and development plans.


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