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Segment Reporting
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Segment Reporting
SEGMENT REPORTING

We operate our business in two reporting 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 and (2) Production Enhancement. 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 to increase production and improve recovery of oil and gas from our clients' reservoirs. We provide laboratory-based analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry. We also provide proprietary and joint industry studies based on these types of analyses.
Production Enhancement: Includes services and products relating to reservoir well completions, perforations, stimulations and production. We provide integrated diagnostic services to evaluate and monitor the effectiveness of well completions and to develop solutions aimed at increasing the effectiveness of enhanced oil recovery projects.

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 for the years ended December 31, 2018, 2017 and 2016 is shown in the following table (in thousands):
 
Reservoir Description
 
Production Enhancement
 
Corporate & Other (1)
 
Consolidated
December 31, 2018
 
 
 
 
 
 
 
Revenues from unaffiliated clients
$
413,082

 
$
287,764

 
$

 
$
700,846

Inter-segment revenues
988

 
378

 
(1,366
)
 

Segment operating income
54,847

 
63,039

 
736

 
118,622

Total assets (at end of period)
315,503

 
270,832

 
62,492

 
648,827

Capital expenditures
12,829

 
8,222

 
690

 
21,741

Depreciation and amortization
16,747

 
4,271

 
2,069

 
23,087

 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
Revenues from unaffiliated clients
$
415,220

 
$
232,599

 
$

 
$
647,819

Inter-segment revenue
294

 
1,185

 
(1,479
)
 

Segment operating income (loss)
66,500

 
43,987

 
(519
)
 
109,968

Total assets (at end of period)
320,569

 
206,389

 
57,854

 
584,812

Capital expenditures
10,406

 
6,819

 
1,550

 
18,775

Depreciation and amortization
17,972

 
4,435

 
2,117

 
24,524

 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
Revenue from unaffiliated clients
$
426,205

 
$
164,027

 
$

 
$
590,232

Inter-segment revenue
784

 
877

 
(1,661
)
 

Segment operating income
78,881

 
8,470

 
100

 
87,451

Total assets (at end of period)
316,801

 
195,104

 
61,147

 
573,052

Capital expenditures
8,220

 
2,298

 
838

 
11,356

Depreciation and amortization
18,494

 
5,856

 
2,522

 
26,872

(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.

We attribute service revenue to the country in which the service was performed rather than where the reservoir or project is located while we attribute product 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 service revenue performed and recorded in the U.S. that are sourced from projects on non-U.S. oilfields. The following table shows a summary of our U.S. and non-U.S. operations for the years ended or at December 31, 2018, 2017 and 2016 (in thousands):
GEOGRAPHIC INFORMATION
United States
 
Canada
 
Other Countries (1) (2)
 
Consolidated
December 31, 2018
 
 
 
 
 
 
 
Revenue
$
324,073

 
$
34,633

 
$
342,140

 
$
700,846

Property, plant and equipment, net
65,073

 
9,567

 
48,277

 
122,917

 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
Revenue
$
283,969

 
$
30,131

 
$
333,719

 
$
647,819

Property, plant and equipment, net
63,812

 
9,725

 
49,561

 
123,098

 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
Revenue
$
224,642

 
$
20,537

 
$
345,053

 
$
590,232

Property, plant and equipment, net
71,388

 
10,497

 
47,997

 
129,882

(1) Revenue earned in other countries, including the Netherlands, was not individually greater than 10% of our consolidated revenue in 2018, 2017 or 2016.
(2) Property, plant and equipment, net in other countries, including the Netherlands, were not individually greater than 10% of our consolidated fixed assets in 2018, 2017 or 2016.

The following table shows the breakdown between services and product sales for the years ended December 31, 2018, 2017 and 2016 (in thousands):
SEGMENT BREAKDOWN BETWEEN SERVICES /
PRODUCT SALES
 
2018
 
2017
 
2016
Reservoir Description Services
$
387,098

 
$
393,742

 
$
400,034

Production Enhancement Services
99,722

 
86,522

 
68,354

Total Revenue - Services
$
486,820

 
$
480,264

 
$
468,388

 
 
 
 
 
 
Reservoir Description Product sales
$
25,984

 
$
21,478

 
$
26,171

Production Enhancement Product sales
188,042

 
146,077

 
95,673

Total Revenue - Product sales
$
214,026

 
$
167,555

 
$
121,844

 
 
 
 
 
 
Total Revenue
$
700,846

 
$
647,819

 
$
590,232