Offshore Hydrocarbon Mapping – sizable prospects
AIM listed oilfield-surveying specialist, Offshore Hydrocarbon Mapping (OHM) has won a $1 million contract for seismic work off West Africa. The contract was awarded to its subsidiary company Rock Solid Images and is expected to start January 2010.
Although the news does not seem to have been picked up by its own website yet, OHM boss Richard Cooper has said “We are very pleased that we continue to attract a significant proportion of the seismic inversion and reservoir characterisation work available in West Africa,”
He went on to say that “with our comprehensive knowledge of the regional rock properties of these Upper Cretaceous reservoirs, as exampled by the Jubilee, Tweneboa, Odum and Sankofa discoveries off Ghana, and most recently, the Venus discovery off Sierra Leone, we have been able to produce controlled source electro-magnetic (CSEM) survey design parameters which will optimise charged reservoir detection in this prolific oil province.”
I have been watching OHM for a while and this new contract adds to a growing list of wins this year.
Virgin
