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Seismic Acquisition Industry Showing Small Signs of Improvement

A recent study published by Kimberlite Oilfield Research based on interviews with 104 oil & gas operators worldwide indicates the seismic acquisition industry remains depressed but the worse appears to be behind us and some small signs of improvement are beginning to emerge. The North America land market remains depressed with no signs of significant improvement for 2018. The North America land market is principally dominated by multi-client seismic data licensing and the North America oil & gas operators are using empirical analytics and manufacturing style drilling and completion efficiencies to drive results. Internationally, approximately 41% of the oil & gas operators interviewed repor

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