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RXT award contract in Nigeria


Published Aug 15, 2008
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RXT announces 'Ocean Pearl' En Route to West Africa-Spotlight

Subject to final contract negotiations, the seismic company Reservoir Exploration Technology ASA (RXT) and local partner Delta Plus Ltd (DP) will be awarded a significant contract by Total E&P Nigeria Ltd (TEPN) for 4C OBC data acquisition over the Nkarika field offshore Nigeria.

Expected survey duration is six months at rates consistent with RXT`s annualised projection.

The work will be performed by the RXT crew RXT2 currently operating in Nigeria. The project will involve RXT/DP acquiring multi-component (4C) ocean bottom seismic over Nkarika, a field offshore Nigeria.

Award of this work by TEPN will increase RXT/DP`s anticipated backlog for RXT2 to mid 2011 in the region.

DP is a subsidiary of Terra Global Ltd., RXT`s partner in West Africa

Tags: Delta Plus Ltd, Reservoir Exploration Technology ASA, Total



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