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Geology & GeophysicsGeology & Geophysics

How Spectrum is changing its focus to win multi-client business

Dolphin’s Polar Duke Explorer was used to shoot Spectrum’s 3D Leb survey.

OE: Spectrum has been around by acquiring CGG Veritas’s global

Rune Eng, president for a long time. Can you multi-client 2D library. This has and CEO, provides summarize the company’s history given Spectrum the critical mass the answers to why up to now. where we can use this data to

Spectrum was founded grow the company and fund new

Rune Eng:

Spectrum is emerging back in 1986 as a seismic processing projects.

as a key player in the company. As such, it developed a strong reputation for high-quality How has the company strategy market for multi-client processing of challenging data. changed since you joined the marine seismic

The main development in the last company?

surveys and where the three or four years has been entry Spectrum has moved very rapidly onto the Oslo stock exchange at from a specialized seismic company is heading which time the owners decided to processing house into a pure-play with its business.

transform the business model from multi-client services company with an asset-oriented into a a global library of modern seismic project-oriented business. This led data. the company to move toward Our focus is now on providing multi-client seismic services. seismic products speci? cally In 2011 we took the next step in designed to enhance hydrocarbon the development of the company exploration within a particular oedigital.com March 2013 | OE 37 oe_spectrum_rev1.indd 37 27/02/2013 11:38