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.
Doyle said the move would accelerate the firm’s business growth and R&D in real-time pore pressure prediction.
The move would also benefit 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.
Ikon, based in London, was formed in 2001, with Enterprise Oil plc and Tullow Oil as founding shareholders.