Veritas DGC Inc. has acquired Denver-based Reservoir Characterization Research and Consulting, Inc. (RC2) for $33 million worth of Veritas stock.
Robson
Veritas’ Chairman Dave Robson commented, “RC2's best-in-class technology, talented people and worldwide experience are a great fit with our integrated seismic data interpretation and analysis services. The acquisition of Reservoir Characterization and Research will significantly enhance our capabilities for specialized reservoir services that improve decision-making, optimize production and reduce risk.”
Bashore
Reservoir Characterization president William Bashore added “We will benefit from the complementary technologies and global reach Veritas provides. Combined, our two organizations will offer the most complete line of services available from any one company in the reservoir characterization market, spanning well correlation, geological modeling, seismic inversion, reservoir simulation, project development, petrophysics, AVO and visualization.” RC2 acquired fluid flow specialist Heinemann Oil Techology last year. More from www.veritasdgc.com.
Click here to comment on this article
If your browser does not work with the MailTo button, send mail to
pdm@oilit.com with PDM_V_3.3_0101_2 as the subject. © Oil IT Journal - all rights reserved.
Click here to comment on this article
Click here to view this article in context on a desktop