Segment Reporting

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

SEGMENT REPORTING

We operate our business in three reportable segments. These complementary segments provide different services and products and utilize different technologies for improving reservoir performance and increasing oil and gas recovery from new and existing fields: (1) Reservoir Description, (2) Production Enhancement and (3) Reservoir Management. These business segments provide different services and products and utilize different technologies.

• Reservoir Description: Encompasses the characterization of petroleum reservoir rock, fluid and gas samples. We provide analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry.

• Production Enhancement: Includes services and products relating to reservoir well completions, perforations, stimulations and production. We provide integrated services to evaluate the effectiveness of well completions and to develop solutions aimed at increasing the effectiveness of enhanced oil recovery projects.

• Reservoir Management: Combines and integrates information from reservoir description and production enhancement services to increase production and improve recovery of oil and gas from our clients' reservoirs.

Results for these business segments are presented below. We use the same accounting policies to prepare our business segment results as are used to prepare our Consolidated Financial Statements. All interest and other non-operating income (expense) is attributable to Corporate & Other area and is not allocated to specific business segments. Summarized financial information concerning our segments is shown in the following table (in thousands):

	Reservoir Description		Production Enhancement		Reservoir Management		Corporate & Other (1)			Consolidated
December 31, 2014
Revenues from unaffiliated clients	$	518,974	$	467,577	$	98,671	$	—		$	1,085,222
Inter-segment revenues	10,387		2,459		366		(13,212		)	—
Segment operating income (loss)	143,624		165,204		37,220		483			346,531
Total assets (at end of period)	319,325		257,135		34,179		65,014			675,653
Capital expenditures	21,371		7,990		2,681		4,544			36,586
Depreciation and amortization	15,816		7,509		1,393		1,978			26,696
December 31, 2013
Revenues from unaffiliated clients	$	522,251	$	452,415	$	98,842	$	—		$	1,073,508
Inter-segment revenue	3,432		3,140		1,742		(8,314		)	—
Segment operating income (loss)	146,338		154,715		31,555		811			333,419
Total assets (at end of period)	321,106		255,764		37,660		46,480			661,010
Capital expenditures	22,601		7,124		1,366		4,325			35,416
Depreciation and amortization	14,898		7,745		945		1,883			25,471

December 31, 2012
Revenue from unaffiliated clients	$	495,529	$	403,792	$	81,759	$	—		$	981,080
Inter-segment revenue	2,484		2,757		1,492		(6,733		)	—
Segment operating income (loss)	144,502		128,602		26,428		(2,252		)	297,280
Total assets (at end of period)	293,974		242,254		34,532		65,756			636,516
Capital expenditures	16,987		7,423		920		5,821			31,151
Depreciation and amortization	14,094		6,139		731		1,953			22,917
(1) "Corporate and other" represents those items that are not directly relating to a particular segment and eliminations.

We are a Netherlands company and we derive our revenue from services and product sales to clients primarily in the oil and gas industry. No single client accounted for 10% or more of revenue in any of the periods presented.

Prior to 2014, we attributed revenue to the country in which the revenue was recorded. During 2014, we began attributing sales revenue to the country where the product was shipped as we feel this gives a clearer view of our operations. We do, however, have significant levels of revenue recorded in the U.S., where the services were performed, that are sourced from projects on foreign oilfields. The following table shows a summary of our U.S. and non-U.S. operations (with 2013 and 2012 revenue reclassified as described above) for December 31, 2014, 2013 and 2012 (in thousands):

GEOGRAPHIC INFORMATION	United States		Canada		Other Countries (1) (2)		Consolidated
December 31, 2014
Revenue	$	515,643	$	105,244	$	464,335	$	1,085,222
Property, plant and equipment, net	83,748		16,057		49,209		149,014
December 31, 2013
Revenue	$	487,252	$	107,842	$	478,414	$	1,073,508
Property, plant and equipment, net	73,870		17,195		47,759		138,824
December 31, 2012
Revenue	$	454,617	$	95,327	$	431,136	$	981,080
Property, plant and equipment, net	66,092		17,263		42,063		125,418
(1) Revenue earned in other countries, including The Netherlands, was not individually greater than 10% of our consolidated revenue in 2014, 2013 or 2012.
(2) Property, plant and equipment, net in other countries, including The Netherlands, were not individually greater than 10% of our consolidated fixed assets in 2014, 2013 or 2012.

The following table shows the breakdown between services and product sales for the years ended December 31, 2014, 2013 and 2012 (in thousands):

SEGMENT BREAKDOWN BETWEEN SERVICES / PRODUCT SALES	For the Years Ended December 31,
	2014		2013		2012
Reservoir Description Services	$	495,658	$	493,402	$	472,426
Production Enhancement Services	220,177		209,770		161,679
Reservoir Management Services	65,037		62,256		59,790
Total Revenue - Services	$	780,872	$	765,428	$	693,895
Reservoir Description Product sales	$	23,316	$	28,849	$	23,103
Production Enhancement Product sales	247,400		242,645		242,113
Reservoir Management Product sales	33,634		36,586		21,969
Total Revenue - Product sales	$	304,350	$	308,080	$	287,185
Total Revenue	$	1,085,222	$	1,073,508	$	981,080