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| Weatherford acquires Reservoir Laboratories | |
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Offshore staff HOUSTON -- Weatherford International Ltd. has acquired Reservoir Laboratories AS, a player in the core and reservoir fluid analysis sector of the oil and gas industry. ResLab provides reservoir laboratory services and core analysis testing in the 10 locations it operates around the world, primarily in the Eastern Hemisphere, but including Mexico and Brazil. The ResLab acquisition represents Weatherford's most recent addition to the company's newly formed core evaluation services expertise, which provides comprehensive analytical services to the oil and gas industries. Prior acquisitions included OMNI Laboratories, Hycal Energy Research Labs, which provides "Merging these complementary companies positions Weatherford as a global leader in core laboratory services," says Chris Bechtel, business unit vice president, core evaluation services for Weatherford. "We are now uniquely able to cross-pollinate technologies in-house, using the best testing available." Page 1 of 2 |
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