GX Technology Expands International Operations

GX Technology Corporation, a leading seismic imaging service provider and a subsidiary of Input/Output has opened an advanced imaging center in Caracas, Venezuela. This is the first of three international imaging centers scheduled to be opened this quarter; the other two are in Nigeria and Angola.

"The opening of these new imaging centers is a key step in the global expansion of GXT's business. Each new center has been driven by customer requests for our advanced imaging services in critical hydrocarbon-producing markets," stated Mick Lambert, President, GX Technology. "Our new state-of-the-art facility in Caracas will provide PDVSA and other international oil & gas companies with the most advanced imaging technology and services available in the industry. By being closer to our customers, we'll be able to better align our offerings with their imaging objectives, reduce the time it takes for the customer to obtain high fidelity seismic images, and more seamlessly transfer knowledge and exchange best practices."

The Caracas center will provide advanced seismic imaging services, including pre-stack time migration (PreSTM), pre-stack depth migration (PreSDM), advanced velocity model building and a full suite of time processing services. GXT's advanced imaging centers also provide customers with local access to the complete range of full-wave imaging products and services offered by GXT and I/O. The company's imaging solutions are designed to help oil & gas companies better visualize and evaluate their subsurface data to identify potential reservoirs and well locations, both onshore and offshore.