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IHS Buys Fekete Associates; Terms Undisclosed - Quick Facts

IHS Inc. (IHS) announced that it has acquired Fekete Associates, a provider of integrated reservoir management software and services to the oil and gas industry. Terms of the transaction were not disclosed.

Fekete is a provider of integrated reservoir and production engineering tools and workflow solutions to the oil and natural gas exploration and production industry. Headquartered in Calgary, Alberta, Canada and with an office in Houston, the company's digital solutions help customers find and develop new oil and gas reserves, and optimize production from new and existing assets by processing, analyzing, interpreting and modeling digital subsurface information.

by RTTNews Staff Writer

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