Katalyst acquires SpectrumData’s seismic data management division in Asia-Pacific
HOUSTON -- Katalyst Data Management has acquired the Perth-based oil and gas data management division of SpectrumData Pty Ltd.
The acquisition expands Katalyst’s ability to meet the demands of their global customer base and will include new offices in Perth, Australia, Wellington, New Zealand and its operations in New Delhi, India.
As part of the acquisition, SpectrumData’s geoscience service division will be rebranded KDM SpectrumData. Katalyst plans to transition KDM SpectrumData’s Perth and Wellington locations into full-service subsurface datacenters in the months ahead. Part of this transition will be implementing iGlass, Katalyst’s signature online data portal, at the Perth and Wellington locations.
Steve Darnell, Katalyst president and CEO, said, “This acquisition marks another milestone in our journey to have a presence in major oil and gas data markets across the globe. We have made significant investment to expand our service offering in North America and Europe, and we couldn’t be more excited about the opportunities we see in the Asia-Pacific region. Utilizing our proprietary technologies iGlass and SeismicZone, we will be implementing our complete end-to-end data management solution in Perth and Wellington.”
Guy Holmes, SpectrumData’s chairman, said, “The fit between Katalyst Data Management and SpectrumData’s oil and gas division is exceptional. This transaction marries Katalyst’s world leading iGlass technology to SpectrumData’s Asia-Pacific data management client base. From our point of view this is a win-win-win for SpectrumData, Katalyst and the Asia-Pacific oil and gas industry.” After the transaction, Holmes will manage Katalyst’s Asia-Pacific operations.
