In February 2015, Shell had made its initial minority investment in WellDog.
Shell Technology Ventures (STV), the corporate venturing unit of the eponymous Anglo-Dutch oil major, has increased its minority stake in US-based WellDog following a successful beta trial of its proprietary shale gas reservoir testing service.
In February 2015, Shell had made its initial minority investment in WellDog through its Shell Technology Ventures after, in October 2014, the two companies made a development collaboration to adapt WellDog’s Reservoir Raman System to find shale gas and oil formations.
Carl Stjernfeldt, STV’s representative…
