It appears that the accuracy of depth cover is within a 3.5-4 percent
error range according to an article in Pipeline and Gas Journal August
2000. This article spoke of a method of magnetizing the ocean floor
pipelines to gain that amount of accuracy. This method appears to work
very well with the stainless steel flexible submarine flow lines,
primarily used in areas that are too hazardous for tradition welded
pipelines system stretching across harsh environments, rough seas and
constantly changing ocean floor structures.
You can find the article in PDF format here :
www.innovatum.net/articles/August%20Pipeline%20&%20Gas%20Journal.pdf
Another article I found very interesting regarding the use of this
technology to accurately map out archeological digs such as a Roman
city in England can be found here:
http://physicsweb.org/article/world/13/5/10
Another PDF paper, probably more interesting to you, which discusses
the means and methods of searching the sea floors for buried objects
and the physics behind a magnetometer, can be found here :
www.marinemagnetics.com/pdfs/SeaSPY_Tech_Guide.pdf
I have an email posted to the author of this paper asking your
question specifically. He has yet to respond (and its been a while
now), but if he does I'll post his answer here as a clarification.
I hope this answers your questions and please don't hesitate to ask
for clarification if you require it.
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