EMGS is pleased to announce that Chief Executive Officer Terje Eidesmo and Vice President Research & Development Svein Ellingsrud both are to receive a 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 SEG 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. “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,” said 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.