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Schlumberger acquires Nexus Geosciences

Oilfield Technology,

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.

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