Fugro Robertson Inc (FRI), part of Fugro’s Geoscience division, has just concluded the purchase of the assets and business of C&M Storage, based in Schulenburg, Texas. C&M offers data management and storage services for cores and cuttings, paper records, samples, tape and microfiche. C&M Storage claims over 60 oil and gas company clients in the Houston area and generates turnover of approximately US$2 million per annum.
Expansion
The company will be integrated into FRI, but trade as Fugro C&M Storage. The acquisition forms part of the expansion of the Fugro Robertson Data Solutions business line in the United States. All current key employees have agreed to continue their employment. The assets include more than 250,000 sq ft of custom storage facilities and specialized sample handling and preparation activities. FRI plans to expand the scope and number of activities offered through the business by building on Fugro Robertson’s service lines. These include areas such as data conditioning, electronic data distribution, provision of bespoke web portals and associated services.
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