Done deal: Schlumberger buys Nexus.
Schlumberger snaps up Nexus Geosciences
Services giant Schlumberger has bought seismic support outfit Nexus Geosciences, which will become part of the WesternGeco business unit.
Nexus has developed proprietary technologies for fast imaging and modeling to help companies build, update and validate their velocity models.
“Our customers are exploring in areas of increasing geological complexity while under considerable time pressures,” Schlumberger exec Maurice Nessim said in a release.
“The combination of Nexus proven imaging and modeling expertise with WesternGeco advanced imaging solutions and global reach will allow us to help our customers meet these challenges more effectively.”
Terms of the deal were not disclosed.