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Last updated on April 16, 2014 at 6:04 EDT

Latest WesternGeco Stories

2014-02-03 12:21:57

LONDON, Feb. 3, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: The Marine Seismic Equipment and Acquisition Markets 2013-2023: Offshore Seismic Survey Contracts for Oil & Gas E&P; 2D, 3D & 4C Vessels & Equipment Report Details Spending on marine seismic equipment and acquisition will enjoy positive growth over the next five years. The same will be true in the longer term. The cautiousness of the industry, new technological...

2012-08-16 14:21:07

HOUSTON, Aug. 16, 2012 /PRNewswire/ -- ION Geophysical Corporation (NYSE: IO) today announced the jury returned a verdict against ION in a patent infringement lawsuit filed against ION by WesternGeco L.L.C. in the United States District Court for the Southern District of Texas. As previously disclosed by the company, WesternGeco filed the lawsuit, styled WesternGeco L.L.C. v. ION Geophysical Corporation, in June 2009, alleging that ION's DigiFIN(TM) lateral streamer control system infringed...

2012-07-08 02:20:09

HONG KONG, July 8, 2012 /PRNewswire-Asia/ -- Anton Oilfield Services Group ("Antonoil" or the "Group", HKEx stock code: 3337), the leading independent oilfield services provider in China, today announced that leading global oilfield services company Schlumberger has acquired 423,361,944 shares of Antonoil, representing approximately 20.10% of the Group's issued shares. Schlumberger is the world's leading oilfield services company supplying technology, information solutions and integrated...

2010-03-29 09:23:00

TORONTO, March 29 /PRNewswire-FirstCall/ - Further to the press release of March 26, 2010, Bontan Corporation Inc. (OTCBB: BNTNF) is pleased to announce that its Israel-based partners, Emanuelle Energy Ltd. and IDB-DT Energy (2010) Ltd., have delivered payment of the initial $7 million towards the purchase of 2D and 3D seismic data performed over the Myra and Sara licenses to WesternGeco, a geophysical company and subsidiary of Schlumberger. The processing of the data will take 11 weeks. Upon...

2009-12-16 08:53:00

TORONTO, Dec. 16 /PRNewswire-FirstCall/ - Bontan Corporation Inc. (Bontan) (OTCBB:BNTNF) is pleased to announce that WesternGeco, a business unit of Schlumberger, has completed a 3D seismic survey on the Mira and Sarah Drilling Licenses and a 2D survey on the Benjamin Exploration Permit totaling 2,668 square kilometers in the Levantine Basin, 40 kilometers off the west coast of Israel. The licenses and permit are owned 95.5% by Israel Petroleum Company, Limited (IPC), in which Bontan owns a...

2009-06-22 07:00:00

HOUSTON, June 22 /PRNewswire-FirstCall/ -- ION Geophysical Corporation (NYSE: IO) today announced that it has filed a lawsuit against WesternGeco L.L.C. in the United States District Court for the Southern District of Texas. The lawsuit alleges that WesternGeco's Q-Marine system, components and technology infringe ION's U.S. Patent No. 6,525,992 related to steering devices and control systems for marine seismic streamers. The lawsuit also alleges that WesternGeco misappropriated ION's...

2008-08-20 06:00:53

Grande Energy Exploration & Production Co., a privately held oil and gas exploration and production company based in Fort Worth, Texas, announced today a project agreement with a US-based subsidiary of Mitsubishi Corporation, which is a Japanese general trading company, and international oilfield services company, Schlumberger. The agreement calls for financing and development of unconventional shale plays and positions Grande as an emerging resource player in North America. Based on...

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2005-01-28 07:30:00

ESA -- It takes seismic force to make the ground give up its secrets. Through the years, those searching for oil and gas have used varied methods to send sound energy into the ground and to record the waves reflected by the geological features beneath the surface. Modern methods include large vibrator trucks and many thousands of surface sensors called geophones, all precisely located to obtain the most useful information with which to explore for hydrocarbons. Today, seismic surveys...