PGS and Geocap sign agreement

PGS sees significant potential in Geocap

Geocap and PGS have signed a framework agreement, aimed at taking Geocap to the next level.

PGS has assessed the Geocap software in general and the Interpretation Machine (GIM) in particular, and sees significant potential in the software. Geocap is already widely considered to be a valuable toolbox for the Oil and Gas industry and a breath of fresh air in the way seismic interpretation is handled. PGS intends to play a significant role in the future development of GIM and other Geocap products.

Geocap and the GIM development will now get the opportunity to do large scale testing on PGS MultiClient surveys, and will obviously benefit from cooperation with PGS experts.