emgs is pleased to announce that CEO Terje Eidesmo and Vice President Research & Development Svein Ellingsrud both are to receive a most prestigious gold medal award by the Society of Exploration Geophysicists (SEG) in recognition of being the first to initiate and organize the world's first controlled source electromagnetics (CSEM) test for direct hydrocarbon indication.
The Society of Exploration Geophysicists Honors and Awards Committee and the SEG Executive Committee have by unanimous decision selected the founders of emgs, Eidesmo and Ellingsrud, to receive the Society's Virgil Kauffman Gold Medal.
The Virgil Kauffman Gold Medal is awarded to a person who has made an outstanding contribution to the advancement of the science of geophysical exploration as manifested during the previous five years.
In their decision the SEG President Leon Thomson wrote:
"The SEG is honoring Terje Eidesmo and Svein Ellingsrud in recognition of initiating the first substantial test of controlled source electromagnetics (CSEM) for direct hydrocarbon indication."
In a joint statement, Ellingsrud and Eidesmo, express their deepest gratitude for the recognition.
'We would like to express our deepest gratitude to the Society for being awarded this honor in recognition of our work. What started out as a science project by two eager scientists 10 years ago for electromagnetics to identify hydrocarbons, has developed into a global industry and is poised to change oil exploration forever. emgs' more than 100 patents are based on the very first work the Society today is honoring, which makes receiving this award particularly special', say Eidesmo and Ellingsrud.
Eidesmo and Ellingsrud are very proud to be awarded The Virgil Kauffman Gold Medal, and together with Hart's E&P Meritorious Engineering in the "exploration system" category awarded in 2006, it is a very important recognition of the emgs' proprietary seabed logging survey method.
Official presentation of the award will take place during SEG's 2007 Annual Meeting in San Antonio, Texas, September 23-28.
emgs ASA
CEO Terje Eidesmo
+47 73 56 88 10
About Society of Exploration Geophysicists
The Society of Exploration Geophysicists is a not-for-profit organization that promotes the science of geophysics and the education of applied geophysicists. SEG, founded in 1930, fosters the expert and ethical practice of geophysics in the exploration and development of natural resources, in characterizing the near surface, and in mitigating earth hazards. The Society has more than 25,000 members in 129 countries and is located in Tulsa, Oklahoma, USA.
About emgs
emgs is the global market leader for the provision of seabed logging services, a technology that enables the detection of hydrocarbons beneath the seabed prior to drilling. emgs has developed this proprietary and patented technology over the past 10 years. Since its incorporation as a separate company in 2002, emgs has conducted more than 200 commercial surveys for many of the world's leading oil and gas companies and offshore operators.