Core Lab is to subsume crosswell seismic specialist Tomoseis. Combining high resolution imaging from Tomoseis’ patented downhole monitoring technology with Core Lab’s other reservoir measurements should help companies monitor production, sweep efficiency and frac performance in real time. Core Lab president Dave Demshur said "Developing and adding technologies to optimize reservoir performance positions us well for the development in the 4D seismic and reservoir monitoring market." The deal will be done through a share swap.
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