Partnership with Org Geophysical

In January 2015, Geowave signed a memorandum of understanding (MOU) with Org Geophysical. Org Geophysical a Norway company providing a range of proprietary service in induced polarization (IP) surveys for hydrocarbon exploration, improving success rates for wells around the world, this tool is rapidly developing and increasing in demand. This IP method has been used for hydrocarbon exploration since 2003 and more than 40 000 line km of data has been collected and analyzed with similar convincing results.

Org Geophysical specializes in the planning, acquisition, processing, interpretation, marketing of IP surveys using DNME technology. The IP field at short offsets contains a memory effect of the initial field. DNME technology is a logical choice based on the physics of the IP phenomenon.