inApril and SAExploration, together with Ocean Infinity, introduce a new approach to OBN surveys with lean-crewed vessels and advances in remote OBN operations, offering improved efficiency, safety, and a significant reduction in environmental impact.
EAGE First Break (November 2024) Special Topic is Marine Acquisition.
https://www.firstbreak.org
Feature Article:
· “OBN for the energy transition era”. PAGE 67 – 70.
Sept 11, 2024 – HOUSTON, TX – SAExploration Holdings, Inc. (“SAE”) and inApril AS
(“inApril”) announced today that they have entered into a Combination Agreement and intend to enter into a Definitive Merger Agreement by the end of the year.
“SAE is excited to provide support for inApril’s innovation and industry-leading development of safe, cost-effective, and automated seabed seismic technology,” said SAE CEO Forrest Burkholder. “We use inApril technology because it creates extraordinary opportunities for our clients.”
“Seismic technology, specifically ocean bottom node technology, is going through a generational change right now. The uplift in seismic data quality continues to have an extremely important and growing role in the geosciences – not just in carbon capture and storage or the development of hydrocarbons, but throughout the energy transition market globally. Seismic has never been safer, more efficient, or more sustainable,” said Bob Basili, CEO of inApril. “Joining with SAE will take inApril’s technology to the next level and will open doors for automation and reliability that will change the economics of seabed seismic exploration.”
The acquisition is subject to regulatory and shareholder approval, and is expected to close in Q4 2024.
About SAE
SAE is an international oilfield services company offering a full range of vertically-integrated seismic data acquisition and logistical support services throughout North America, South America, Asia Pacific, Africa and the Middle East. In addition to the acquisition of 2D, 3D, time-lapse 4D and multi-component seismic data on land, in transition zones and offshore in depths reaching 3,000 meters, SAE also provides in-house logistical support services, such as program design, planning and permitting, camp services and infrastructure, surveying, drilling, environmental assessment and reclamation, and community relations. SAE operates crews around the world, performing major projects for its blue-chip customer base, which includes major integrated oil companies, national oil companies and large independent oil and gas exploration companies. With its global headquarters in Houston, Texas, SAE supports its operations through a multi-national presence throughout the world. For more information, please visit SAE’s website at www.saexploration.com.
About inApril
inApril is an innovative seabed seismic equipment supplier, delivering ocean bottom nodes (OBN) and fully automated OBN back deck handling systems.
inApril´s solutions offer a step change in the safe and efficient operation of seabed seismic surveys by providing cost-effective technology options needed for exploring and developing the world’s hydrocarbon reserves. inApril is based in Norway, with offices in Bergen, Trondheim and Oslo. Please visit inApril´s website at www.inapril.com.
Media Contacts
For SAE: media@saexploration.com
For inApril: Robert.basili@inapril.com
We are pleased to announce our first OBN contract for the 2024 North Sea season with our newest A3000 nodes with 150 day battery life. More to come on this and other opportunities in the coming months.
inApril is pleased to announce the successful completion of our second North Sea project of the season with a leading OBN operator.
Thanks to all involved and looking forward to the next.
inApril is pleased to announce the appointment of Kristian Røislien as new Vice President of Operations.
Kristian is a seismic industry executive with strong operational, engineering and manufacturing experience. Kristian has a Master degree in Mechanical Engineering from NTNU, and over 15 years experience from Western Geco, Fugro, PGS, MagseisFairfield and TGS, latest as Director of Field Services.
inApril is pleased to announce the successful completion of our first North Sea project of the season with a leading OBN operator. The nodes are currently being made ready for deployment on the next North Sea project scheduled to commence mid July for another major operator.
We are also completing the production of our new nodes and that increases our node inventory from 500 nodes to 3000 nodes ready for deployment.
We are pleased to offer the nodal kit to the market for summer 2023 availability. The nodal kit will include up to 3,000 nodes with an increased battery life of 150 days and an improved depth rating to 3600m. The 20-foot automated charging and staging container offers parallel loading and unloading of nodes, optimizing operations and ensuring redundancy. The kit is ideal for both ROV and Node-on-a-Rope operations.
We have also started the process to add 8,000 of our next generation A3000 nodes to our rental pool for 2024 availability.
“We are excited to have this kit available next summer as there seems to be growing interest from operators and E&P companies for additional capacity ” says inApril´s CEO, Anne Camerer.
We are pleased to announce the sale of an Ocean Bottom Nodal system based on the A3000 node to a European research institution. This is the fourth customer to recently purchase our technology and services, furthering our strategy to offer a full range of technology options to companies looking to optimize nodal operations and development projects.
