Schlumberger acquires Staag Imaging

Schlumberger has acquired Staag Imaging LP, a Houston-based provider of depth imaging technologies for seismic data processing.

Offshore staff

HOUSTON -- Schlumberger has acquired Staag Imaging LP, a Houston-based provider of depth imaging technologies for seismic data processing. Staag will become part WesternGeco.

Staag is one of the first providers of a commercial Full Waveform Inversion (FWI) technique, which is an automatic, data-driven tool that uses the two-way wave equation method to build velocity models of the subsurface, including complex geology formations such as salt bodies. This FWI technology can automate a large part of the velocity model building workflow.

"Our customers' need for rapid, but accurate, imaging of complex subsurface geology is increasing dramatically," says Ginger Hildebrand, vice president, seismic data processing, WesternGeco. "The combination of Staag's FWI with our full complement of existing algorithms will allow us to accelerate the delivery of superior images of even the most complex subsurface structures. This capability will unlock the full potential of our newest coil and wide-azimuth acquisition configurations as well as enhance the value of our extensive multi-client library."

06/27/2008

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