As worldwide oil and gas reserves fall and exploration moves into new, uncharted territory, the ability to acquire the data needed to accurately pick well locations is becoming more and more difficult. 2D and 3D seismic is relied upon heavily by E&P companies to reduce risk and ultimately pinpoint where additional reserves may be identified. Also, as the energy sector begins to explore in emerging countries/markets worldwide, seismic data is generally the prerequisite issued by local governments as a condition of license approval.
• BXR's track record in Central and Eastern Europe to augment Viking's growth plan.
• Dalea, Abraaj and BXR to jointy drive value across Viking's global operations.
Viking Services B.V. (Viking) announces the completion of its acquisition of Acoustic Ventures, LLC (Acoustic Geophysical Services) in late 2012. AGS will continue to provide seismic acquisition services in eastern and central Europe.
Viking Services is a global service company engaged in oil and gas drilling and completion, well servicing, pressure pumping, wireline, geophysical, civil engineering and transportation. Our reputation for quality services in a safe working environment continues to grow.