Schlumberger acquires Nexus Geosciences
Schlumberger has acquired Nexus Geosciences, Inc., a Houston based provider of integrated seismic software and services for rapid imaging, modelling and interpretation. The group will become part of the WesternGeco business unit.
The company has developed proprietary technologies for fast imaging and modelling, enabling oil and gas companies to build, update and validate their velocity models. This information can enable them to reduce uncertainties even in the most complex geological environments.
As the search for hydrocarbons continues to intensify, oil and gas companies are looking at increasingly complex geological environments, where imaging technologies and velocity modeling play a key role in reducing exploration risk.
Read the article online at: https://www.oilfieldtechnology.com/exploration/16032010/schlumberger_acquires_nexus_geosciences/
You might also like
Cushing crude stocks sit less than 2 million bbls above operational floor amid global supply crisis
Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million bbls to less than 25 million bbls between early April and early June, according to Wood Mackenzie.