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Oilsearch in conjunction with TGS Nopec ASA announces a new Seepfinder survey to be acquired in Southeast Greenland during Q2 2011. Approximately 42,000 km of aeromagnetic, gravity and oil seep data will be acquired, with results being available in Q3 2011.

For further information on the survey, please visit the TGS Nopec website.

Acknowledged to be the world’s most sensitive airborne oil seep detection system, Seepfinder can track the spread of sea surface hydrocarbon films from their emergence points on the sea bed down to the dissolution of the films due to wind and wave action.

The data collected can indicate oil type, and when used in conjunction with aeromagnetic and seismic data, Seepfinder can prove source and migration, and will therefore significantly reduce exploration risk.

Seep detection often gives the industry the first clues about oil presence in frontier areas and can save significant time and money, thereby significantly reducing the exploration risk.