Westerngeco News

Mark Burnett  (Photo: Seiche Water Technology Group)

Burnett Name CEO of Seiche

science, utilities, power and defense sectors.Burnett joined Seiche as UK Regional Director in November 2016, before being promoted to COO in March 2018. Previous to joining Seiche, Burnett was Chief Executive Officer of WGP Group. He began his career working offshore with Western Geophysical (now WesternGeco, a Schlumberger company)

Fairfield Geotechnologies Names Sugahara CEO

company in 2017 as VP of Corporate Development. He has over 22 years in the energy industry in various business development and financing roles at Frank’s International, GE and Intergen.Mattos joined the company in January, 2019 as VP Data Processing after spending 19 years with Schlumberger and WesternGeco in various technical and business development roles

The strategic collaboration for the multiclient sparse node program will create a data set utilizing high-end imaging to serve clients in field development phases and also enable near-field exploration in the congested areas within the U.S. Gulf of Mexico. (Image: TGS)

TGS, Schlumberger Partner for Ocean-bottom Node Project

TGS and Schlumberger’s geophysical services product line WesternGeco will work together to develop opportunities to co-invest in additional multiclient ocean-bottom node projects in the deepwater  U.S. Gulf of Mexico under a new collaboration agreement announced Wednesday.This collaboration includes the previously-announced 2,350 square kilometer Amendment Phase 1 project in the Mississippi Canyon and Atwater Valley protraction areas. Supported by industry prefunding, Amendment Phase 1 commenced in early 2019 and data acquisition is expected to complete in the third quarter of 2019.Both TGS

(Photo: CGG)

Nine US States Seek to Stop Atlantic Seismic Testing

the prospect of seeing marine mammals is an important draw for tourists to the states and helps coastal economies.The Department of Commerce declined to comment.Last month the fisheries office of the National Oceanic and Atmospheric Administration, part of the Commerce Department, issued permits to WesternGeco LLC, a subsidiary of Schlumberger Ltd, and CGG to harass, but not kill, marine mammals with air gun blasts in a region of the Atlantic from Delaware to Cape Canaveral, Florida.Jennie Lyons, a spokeswoman at the fisheries office declined to comment on the lawsuit but said the department only authorized

Magseis Inks MoU with Schlumberger

Norwegian nodal acquisition company Magseis ASA announced Monday it has signed a Memorandum of Understanding (MoU) with Schlumberger's geophysical services product line WesternGeco to offer joint bundled seismic services including ocean-bottom nodes (OBN) acquisition from Magseis and data QC and processing from WesternGeco."We are delighted to partner with WesternGeco to deliver full system services for OBN surveys with a focus on 3D exploration and 4D reservoir monitoring,” said Magseis CEO Per Christian Grytnes. “As market leaders in our respective domains, we will jointly

Image: TGS

Schlumberger, TGS Bags New US Seismic Project

benefits of nodal seismic data to overcome imaging challenges in this region. In the Amendment project, TGS and Schlumberger will reimage underlying WAZ seismic data to provide modern, high-quality nodal seismic data to our clients," said Kristian Johansen, CEO of TGS.Maurice Nessim, president, WesternGeco, Schlumberger, said, "Schlumberger and TGS have built up extensive geophysical and geological knowledge in this prolific part of the U.S. Gulf of Mexico. In line with the WesternGeco asset-light strategy, the application of nodal seismic technology and state-of-the-art imaging techniques

Shearwater to Buy Schlumberger’s Seismic Business

Norwegian marine geophysical services company Shearwater GeoServices Holding AS has entered into a definitive agreement to acquire the marine seismic acquisition assets and operations of Schlumberger’s geophysical services product line, WesternGeco.The transaction, which remains subject to regulatory approvals and other customary closing conditions, is expected to close in the fourth quarter of 2018.Houston based Schlumberger will receive cash consideration based on an enterprise value of $600 million plus a 15 percent post-closing equity interest in Shearwater. For a limited period, Schlumberger

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Schlumberger Wins in US Supreme Court on Patent Damages

components of a patented invention are supplied from the U.S. for assembly abroad, it should be fully compensated for the infringement, including any lost foreign sales.The high court agreed. Writing for the majority, Justice Clarence Thomas said ION infringed patents owned by Schlumberger subsidiary WesternGeco in the United States.The "overseas events were merely incidental to the infringement," he said.Writing for the dissent, Justice Neil Gorsuch said that allowing overseas damages extends U.S. patent owners' monopolies over an invention to foreign markets."That, in turn, would

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Schlumberger Fights to Boost Patent Damages at US Supreme Court

.Other observers, including a group representing internet-based companies, said the opposite is true because extending patent damages beyond national borders would expose U.S. high-technology firms to greater patent-related risks overseas.The case involves four patents owned by Schlumberger subsidiary WesternGeco related to an invention that more efficiently completes marine seismic surveys to help identify oil and gas drilling locations.ION developed a competing system and sold it to surveying companies abroad. WesternGeco sued in 2009, and a federal jury in Houston found that Ion infringed the patents

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Mexico's Oil Reform a Boon for Hard-hit Oil Service, Seismic Firms

firms cut back on exploration, especially in areas considered expensive to develop such as deepwater.   Even with the Mexico data sales, the sector continues to struggle. Schlumberger this month announced the closure of its marine and land seismic acquisition business, two of four units at its WesternGeco subsidiary.   Pushing Pemex In its efforts to break Pemex's monopoly and attract international oil firms, the Mexican government has charted a more aggressive reform than others Latin American countries.   To encourage oil service and mapping firms to work quickly and extensively

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