global
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
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No initiation fee, or annual fee.
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Free usage and support internally to develop product offerings.
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Royalty event is triggered when VertiShear products are sold.
Data Library Companies
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No initiation fee, or annual fee.
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Free usage and support internally to develop product offerings.
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Royalty event is triggered when VertiShear products are sold.
Oil & Gas Companies
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No initiation fee, or annual fee.
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unlimited usage and support for internal-use seismic processing.
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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.