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'' some ...
services company. It is headquartered in
Schlumberger House on the property of
London Gatwick Airport in
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.
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Background
The company provides reservoir imaging, monitoring, and development services. The company, a business segment of
Schlumberger, 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 in 2000 of two of the world's largest seismic contractors,
Western Geophysical (founded in 1933) and
Geco-Prakla. Schlumberger, owners of Geco-Prakla paid cash to
Baker Hughes, 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 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 ...
in
Crawley, 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 opportunit ...
''. 8 June 2007. Retrieved on 12 February 2011. in
Greater London.
[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