Core buys ADS (September 2002)
CoreLab has acquired Advanced Data Solutions. ADS PSDM technology and personnel will integrate Cores Reservoir Technologies Division.Core Laboratories has acquired Houston-based velocity modeling and depth imaging specialists Advanced Data Solutions (ADS). ADS will integrate Cores new Reservoir Technologies Division (formerly Scott Pickford). ADS was founded in 1988 and has developed software solutions for pre-stack depth migration and Viewsa comprehensive velocity modeling packages.
Rebel
ADS also pioneered the use of clusters in seismic processing with its Rebel distributed processing architecturedescribed as commodity-priced supercomputing. ADS pre-stack depth migration (PSDM) CrossFire technology won out in a recent turkey-shoot conducted by major oil companies.
Cottam
Chris Cottam, head of Cores Reservoir Technologies Division (formerly Scott Pickford) said, Cores integrated approach to reservoir characterization, our expertise in core-to-seismic correlation and now, top quality velocity modeling and depth imaging technology place us in a unique position in the industry.
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