| Type | Privately held company |
|---|---|
| Industry | Oilfield services |
| Founded | 1976 |
| Headquarters | Houston, Texas United States |
Key people | Joe Dryer, CEO Joseph Dryer, President Jose Xavier, CFO |
| Parent | Fairfield-Maxwell Ltd. (Sugahara family) |
| Website | fairfieldgeo |
Fairfield Geotechnologies is a seismic service company focusing on data licensing and data processing as well as imaging, data analytics and data interpretation. It is headquartered in Houston, Texas.
History
The company was founded in 1976 and immediately began its first 2D transition zone program in Louisiana.
In 1989, it introduced its first, non-exclusive 3D survey.
In April 2005, the company acquired RFTrax.[1]
In 2011, the company sold $30 million of seismic exploration equipment to Apache Corporation.[2]
In April 2018, the company acquired Geokinetics’ U.S. multiclient data library.[3]
In December 2018, the company sold its seismic technologies business and a U.K. subsidiary to Norway’s Magseis ASA for $233 million.[4][5]
See also
References
- ↑ "Fairfield acquires RFTrax". American City Business Journals. April 14, 2005.
- ↑ "FairfieldNodal sells seismic systems to Apache". American City Business Journals. September 8, 2011.
- ↑ Pulsinelli, Olivia (June 27, 2018). "Houston-based seismic data co. files for Chapter 11, plans to sell assets to another local co". American City Business Journals.
- ↑ "MSEIS: Completion of agreement to acquire Fairfield Geotechnologies Seismic Technologies business" (Press release). mfn. December 18, 2018.
- ↑ Pulsinelli, Olivia (November 5, 2018). "Houston oil and gas imaging co. to sell major portion of business to Norway co". American City Business Journals.
External links
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