Core buys ADS

CoreLab has acquired Advanced Data Solutions. ADS’ PSDM technology and personnel will integrate Core’s Reservoir Technologies Division.

Core Laboratories has acquired Houston-based velocity modeling and depth imaging specialists Advanced Data Solutions (ADS). ADS will integrate Core’s new Reservoir Technologies Division (formerly Scott Pickford). ADS was founded in 1988 and has developed software solutions for pre-stack depth migration and Views—a ‘comprehensive’ velocity modeling packages.

Rebel

ADS also pioneered the use of clusters in seismic processing with its ‘Rebel’ distributed processing architecture—described as ‘commodity-priced supercomputing’. ADS’ pre-stack depth migration (PSDM) ‘CrossFire’ technology won out in a recent turkey-shoot conducted by major oil companies.

Cottam

Chris Cottam, head of Core’s Reservoir Technologies Division (formerly Scott Pickford) said, “Core’s integrated approach to reservoir characterization, our expertise in core-to-seismic correlation and now, top quality velocity modeling and depth imaging technology place us in a unique position in the industry.”

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