westerngeco

Shearwater GeoServices Holding AS (Shearwater) has signed new debt and guarantee facilities totalling USD 437 million, as part of the planned refinancing of the company’s maturing debt. The new facilities include the refinancing of the USD 325 million bridge facility originating from the acquisition of the marine seismic acquisition assets …

Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …

The U.S. Court of Appeals for the Federal Circuit recently affirmed the 2014 judgment that ION Geophysical Corp. infringed four seminal WesternGeco LLP patents covering streamer steering technology for marine seismic surveys, and that WesternGeco is the rightful owner of the pioneering technology. In 2009, WesternGeco filed suit for patent …

Houston, January 15, 2015—Schlumberger Limited today reported results for the full-year and fourth-quarter 2014. Full-year results are shown here. – Fourth-quarter revenue of $12.6 billion increased 6% year-on-year – Fourth-quarter EPS of $1.50, excluding charges and credits, grew 11% year-on-year – Board approves 25% increase in dividend, effective April 10, …

Previously, Dolphin announced that a selection of next generation streamer technology would be made in 2014. Based on thorough evaluation, Dolphin has selected the proven WesternGeco Q-Marine* point-receiver marine seismic system for the Polar Empress. This purchase of the Q-Marine system is a first step towards a potential opportunity for …

WesternGeco today announced that it has begun acquisition of its Ice Bear 2 multiclient 3D survey in the western Barents Sea using its new IsoMetrix* marine isometric seismic technology. The isometric inline and crossline sampling delivered by the IsoMetrix technology will provide high-resolution broadband imaging in this geologically complex area. …

Schlumberger today announces the launch of IsoMetrix* marine isometric seismic technology and the IsoMetrix family of marine seismic products. This breakthrough technology outputs isometrically sampled point-receiver data in both crossline and inline directions—capturing the returning wavefield in three dimensions and providing the most accurate images of the subsurface ever recorded. …

Schlumberger announced that it has acquired GEDCO, a Calgary-based provider of integrated geophysical survey design software and services. The group will become part of the WesternGeco business unit. GEDCO has developed OMNI 3D*, the industry’s standard for seismic survey design and modeling, and VISTA*, a flexible 2D/3D seismic data processing …

WesternGeco announced today the introduction of the ObliQ* sliding-notch broadband acquisition and imaging technique, which enhances low-frequency content of marine seismic data without compromising high frequencies. The ObliQ technique increases the penetration depth of seismic imaging and helps geoscientists extract rock properties from seismic data. Optimized seismic bandwidth is achieved …

Revolution II Multiclient Survey Underway in the Central Gulf of Mexico WesternGeco today announced the start of the Revolution II multiclient survey, which builds on the successful Dual Coil Shooting* multivessel full-azimuth (FAZ) acquisition of Revolution I in the Western Gulf of Mexico acquired in late 2010. This latest survey …