FairfieldNodal Welcomes New Member to Its Board of Directors
Seismic nodal technology and services firm FairfieldNodal has welcomed Knut Eriksen as the newest member of its Board of Directors. Eriksen recently retired from Oceaneering International where he served as Executive Officer and Senior Vice President of Business Development. He has also held other key executive positions in the oil and gas industry, on the operator, service company and contractor sides of the business. He brings industry experience, strategic orientation, demonstrated…
FairfieldNodal to Acquire WGP
FairfieldNodal is in advanced discussions with Thalassa Holdings to acquire WGP Group Ltd., a premier provider of marine geophysical services headquartered in the U.K. FairfieldNodal continues to seek opportunities to strengthen and expand its technology portfolio, and transform itself into a world-class provider of integrated life of field seismic services, data and data analytics over the next three to five years through a combination of strategic partnerships and acquisitions.
Coyanosa Survey Phase 1 Set to Begin
A FairfieldNodal and Schlumberger WesternGeco multiclient joint venture project in the southern Delaware Basin of West Texas, known as Coyanosa Phase I, is scheduled to begin shooting late-August. This initial phase, to be acquired by Dawson Geophysical, will consist of 307 square miles of high-quality, 3D seismic data in Ward, Reeves and Pecos Counties, Texas. Of particular interest are the Bone Spring and Wolfcamp formations. The resulting 3D data will tie into existing FairfieldNodal and WesternGeco 3D data to provide customers with contiguous data coverage in the southern Delaware Basin.
FairfieldNodal, Ikon Science Team Up
FairfieldNodal has announced an exclusive alliance with Ikon Science, an industry leader in geoprediction software sales and services, to offer complete reservoir services to the oil and gas industry. For nearly four decades, FairfieldNodal has been a trusted industry resource for multi-client seismic, data acquisition and data processing services. With this strategic alliance, the company can offer its customers an expanded technology portfolio that includes data acquisition, data processing and, now, reservoir services.
FairfieldNodal Names New President, CEO
Seismic data and technology company FairfieldNodal announced the appointment of Charles “Chuck” W. Davison, Jr., as its new president and CEO, succeeding Walter Pharris, who is retiring after 35 years. Pharris will continue to serve as chairman of the company’s board of directors. Davison brings with him expertise in global operations and business management. Before joining FairfieldNodal, he was senior vice president at Oceaneering International, Inc., where he had worldwide P&L responsibility for their subsea products group.
FairfieldNodal to Perform Delaware Basin Surveys
FairfieldNodal announced plans for two new multi-client surveys, Barilla Draw and DB4A, in the Delaware Basin in West Texas and Southeast New Mexico. Currently in the permitting phase, FairfieldNodal expects to complete both surveys by October 2015, offering new data as early as the end of the year. Barilla Draw encompasses approximately 320 square miles in Reeves and Ward counties in Texas. The survey has been designed to image Wolfcamp and other objectives in multiple pay zones.
