Dolphin Group purchases Open Geophysical Inc

Wednesday, April 25, 2012

Seismic company Dolphin Group ASA of Bergen reports that its subsidiary company Dolphin Geophysical Inc has purchased the entire stock of Open Geophysical Inc (OGI), a seismic processing software company based in Houston.

OGI sells to both oil companies and seismic contractors.

Dolphin Geophysical uses OGI's software on its Polar Duchess vessel for real time quality control of acquired data. It also uses the software in its London seismic processing centre.

All Dolphin vessels will be upgraded to the OGI software over the coming months.

"We are extremely excited to be investing in OGI and to be using the Open CPS software for both our on board and onshore, marine processing package," says R. Gareth Williams, Chief Geophysicist of Dolphin.

"This is a major step towards developing our processing and multi-client services and hence capturing the full value chain in those businesses."

"We carefully reviewed all the available software platforms and this is a rare opportunity to work with a system designed completely in the 21st century."