CLB Stock - Core Laboratories NV

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Core Laboratories N.V. provides specialized reservoir description and production enhancement services and products to the oil and gas industry across the United States, Canada, and internationally. The company operates through two primary segments: Reservoir Description and Production Enhancement. The Reservoir Description segment focuses on the detailed characterization of petroleum reservoir rock, fluids, and gas samples, which helps in enhancing production and improving the recovery rates of oil and gas from clients' reservoirs. This segment offers laboratory-based analytical services and field services, as well as proprietary and joint industry studies to analyze the properties of crude oil and related products.

The Production Enhancement segment of Core Laboratories offers a range of services and products related to reservoir well completions, perforations, stimulations, and production. This segment provides integrated diagnostic services aimed at evaluating and monitoring the effectiveness of well completions, and developing solutions to optimize enhanced oil recovery projects. The company's services help clients maximize the efficiency and output of their oil and gas operations.

In addition to its service offerings, Core Laboratories markets and sells its products through a network of sales representatives, technical seminars, trade shows, print advertising, and distributors. With operations in approximately 50 countries, the company has a broad global reach. Founded in 1936, Core Laboratories is headquartered in Amstelveen, the Netherlands, and has built a reputation as a leader in providing innovative solutions to the oil and gas sector.

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