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Description of Business
12 Months Ended
Dec. 31, 2022
Description Of Business [Abstract]  
Description of Business

1. DESCRIPTION OF BUSINESS

Core Laboratories N.V. ("Core Laboratories", "Core Lab", "the Company", "we", "our" or "us") is a Netherlands limited liability company. We were established in 1936 and are one of the world's leading providers of proprietary and patented reservoir description and production enhancement services and products to the oil and gas industry. These services and products can enable our clients to evaluate and improve reservoir performance and increase oil and gas recovery from their new and existing fields. We have over 70 offices in more than 50 countries and have approximately 3,600 employees.

Subsequent to the year end, on January 17, 2023, the Company announced its intention to reorganize the Company’s corporate structure, which will include redomestication of the parent company from the Netherlands to the United States as Core Laboratories Inc., a Delaware corporation. See Note 23 - Subsequent Events.

We operate our business in two segments: (1) Reservoir Description and (2) Production Enhancement. These complementary operating segments provide different services and products and utilize different technologies for evaluating and improving reservoir performance and increasing oil and gas recovery from new and existing fields. For a description of the types of services and products offered by these operating segments, see Note 22 - Segment Reporting and Other Disaggregated Information.