Core Laboratories. (NYSE: CLB).(Interview)

Publication: Oil and Gas Investor

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COPYRIGHT 2005 Hart Publications, Inc.

Oil and Gas Investor: Describe your strategy.

Demshur: At Core Laboratories, our mission is to help our clients do two things: number one, produce more oil and gas every day and, number two, produce more oil and gas over the life of the field. We do that by helping our clients produce the incremental barrel of oil and equivalent from their producing assets around the world. Core is providing new technologies that help characterize the reservoir and the three reservoir fluids, those being water, crude oil and natural gas. The interaction of these fluids in the rocks and the knowledge that Core Lab technology brings to our clients enables them to produce more oil and natural gas every day and over the life of their field.

OGI: What technologies are you using?

Demshur: The technologies are wide ranging. First, on the rocks side, Core is using technologies that characterize the pore system and the interconnectivity of the pore system. From the dynamics side, Core has a new technology called Saturation Monitoring by the Attenuation of X-rays (or SMAX). We use a large CAT scan and subject the core to reservoir temperature and pressure...

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