Core Laboratories operating margins increased 400 basis points YOY in 4Q17 and 200 bps sequentially to 19%. The improving margins came from clients seeking higher-technology services and products, and improved utilization of Core facilities, the Amsterdam-based company said.Reservoir Description operations, primarily focused on the development of internationally-based fields, offshore provinces and US shale, made up 61% of Core’s 4Q17 revenue of $172 million. Much of this segment’s growth over the past several years has......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.