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Licensing

VertiShear Technology is a patented processing technique that can easily be incorporated into a seismic data processor’s existing workflow and software tool sets. Under the licensing agreement, VertiShear will charge a small royalty fee in exchange for technology usage, and support.

We are actively talking with Seismic Data Processing Companies and Multi-Client Seismic Data Library Companies to expand their seismic data offerings and capitalize on this new revenue opportunity. Oil & Gas companies can also obtain a license if they are processing data internally for their own use.

licensing

offerings for

Seismic Data Processors
  • No initiation fee, or annual fee.

  • Free usage and support internally to develop product offerings.

  • Royalty event is triggered when VertiShear products are sold.

Data Library Companies
  • No initiation fee, or annual fee.

  • Free usage and support internally to develop product offerings.

  • Royalty event is triggered when VertiShear products are sold.

Oil & Gas Companies
  • No initiation fee, or annual fee.

  • unlimited usage and support for internal-use seismic processing. 

  • Royalty paid quarterly based on completed VertiShear processing.

support

VertiShear will provide direct access to our multi-component seismic research data and product development scientists. We will also provide hands-on consultation to our licensees to help with their current processing projects.

Free support is available by phone, video-conference and email. On-site consultation can be arranged with the client paying for travel & expenses.