QinetiQ acquires seismic capabilities from SR2020

Offshore staff

FARNBOROUGH, UK 
QinetiQ has acquired the seismic processing and imaging capability of SR2020 Inc. for a purchase price of up to $1.7 million. The transaction accelerates the development of QinetiQ subsidiary OptaSense by providing it with VSP and microseismic imaging services to complement its proprietary DAS-VSP acquisition capability.

OptaSense says this will provide customers with not only subsurface seismic data but also analysis, advice, and interpretation of the seismic data, with geophysicists producing subsurface images, in an end-to-end service.

The products and service capability acquired from SR2020 will enable OptaSense to offer a full range of seismic services including VSP and microseismic acquisition, processing, modeling, and interpretation.

11/21/2014

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