Geoprediction firm Ikon Science has acquired the software, services and intellectual property of Bergen headquartered Terra Geotech AS.
Eamonn Doyle, the founder of Terra Geotech, has joined Ikon Science as VP real-time operations, bringing with him Terra's real-time pore pressure prediction consulting business.
He said the move would accelerate the firm's business growth and R&D in real-time pore pressure prediction.
The move would also see benefots from integrating Terra's real-time data and monitoring with Ikon’s existing reservoir monitoring, geomechanics and pore pressure prediction capabilities.
Remote and real-time well monitoring software and services are available from Ikon with immediate effect.