WesternGeco is a

geophysical Geophysics () is a subject of natural science concerned with the physical processes and physical properties of the Earth and its surrounding space environment, and the use of quantitative methods for their analysis. The term ''geophysics'' som ...

services company. It is headquartered in

Schlumberger Schlumberger Limited (), doing business as SLB, is an oilfield services company. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague. Schlumberger is the world's largest offshore drilling compa ...

House on the property of

London Gatwick Airport Gatwick Airport (), also known as London Gatwick , is a major international airport near Crawley, West Sussex, England, south of Central London. In 2021, Gatwick was the third-busiest airport by total passenger traffic in the UK, after Hea ...

Crawley, West Sussex Crawley () is a large town and borough in West Sussex, England. It is south of London, north of Brighton and Hove, and north-east of the county town of Chichester. Crawley covers an area of and had a population of 106,597 at the time of th ...

, in

Greater London Greater may refer to: *Greatness, the state of being great *Greater than, in inequality (mathematics), inequality *Greater (film), ''Greater'' (film), a 2016 American film *Greater (flamingo), the oldest flamingo on record *Greater (song), "Greate ...

. __NOTOC__

Background

The company provides reservoir imaging, monitoring, and development services. The company, a business segment of

, offers 3D and time-lapse seismic surveys, electromagnetic surveys, and multicomponent surveys for delineating prospects and reservoir management. It also provides geophysical, land and transition-zone acquisition, marine acquisition, electromagnetics, and data processing and reservoir seismic services. The company was formed by the

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...

in 2000 of two of the world's largest seismic contractors,

Western Geophysical Western Geophysical was an international oil exploration company founded in California in 1933 by Henry Salvatori for the purpose of using reflection seismology to explore for petroleum. The company prospered and was sold by Salvatori to Litt ...

(founded in 1933) and

Geco-Prakla Geco (Geophysical Company of Norway) was a European geophysical service company specializing in seismic surveys for petroleum exploration. Starting operating in the North Sea from 1972, the company expanded to operate in most marine areas open for ...

. Schlumberger, owners of Geco-Prakla paid cash to

Baker Hughes Baker Hughes Company, organized in Delaware and headquartered in Houston, is one of the world's largest oil field services companies. The company provides products and services for oil well drilling, formation evaluation, completion, productio ...

, which then owned Western, for a 70% stake in a joint venture of the combined companies. In May 2006, Schlumberger bought out Baker Hughes' 30% stake for a reported $2.4 billion, making WesternGeco one of its subsidiaries.

Exit seismic data acquisition

In January 2018, Schlumberger CEO

Paal Kibsgaard Paal Kibsgaard (born April 1967) is a Norwegian petroleum engineer and businessman; the former chairman and CEO of Schlumberger, the world's largest oilfield services company. Early life He was born in Ålesund, Norway in April 1967. Education ...

announced that Schlumberger would be exiting the seismic data acquisition business, both onshore and offshore, while retaining its multiclient data processing and interpretation segments. This decision followed the bankruptcy filings of several competitors in the seismic services sector. In August 2018, the seismic data acquisition business was sold to Shearwater GeoServices.

Head office

WesternGeco has its head office and its Europe/African offices in the Schlumberger House,Regions
." WesternGeco. Retrieved on 23 July 2009. "Corporate Headquarters" "Address: WesternGeco, Schlumberger House Buckingham Gate, Gatwick Airport West Sussex RH6 0NZ United Kingdom" a building on the grounds of

Gatwick Airport Gatwick Airport (), also known as London Gatwick , is a major international airport near Crawley, West Sussex, England, south of Central London. In 2021, Gatwick was the third-busiest airport by total passenger traffic in the UK, after H ...

Crawley Crawley () is a large town and borough in West Sussex, England. It is south of London, north of Brighton and Hove, and north-east of the county town of Chichester. Crawley covers an area of and had a population of 106,597 at the time of th ...

, England,Eade, Christine.
The market in minutes - Sussex
" ''

Property Week ''Property Week'' is a UK business-to-business magazine which reports on the worldwide commercial and residential property market. It reports news, features and analysis and the latest information from the industry - from development opportuniti ...

''. 8 June 2007. Retrieved on 12 February 2011. in

.Regions
." WesternGeco. Retrieved on 23 July 2009. "WesternGeco is organized geographically, operating through a network of five regional offices around the world plus our headquarters in London, UK." and "Corporate Headquarters" "Address: WesternGeco, Schlumberger House Buckingham Gate, Gatwick Airport West Sussex RH6 0NZ United Kingdom"

References

External links

WesternGeco Website
{{Energy in the United Kingdom, companies British companies established in 2000 Business services companies of the United Kingdom Business services companies established in 2000 Oilfield services companies Joint ventures Seismological observatories, organisations and projects Schlumberger Companies based in Crawley