Houston (July 15, 2010) - Ingrain, the oil and gas industry's leading digital rock physics company, today announced the promotion of Marcus Ganz to chief executive officer. Ganz joined Ingrain in January 2010 as chief operating officer. "Marcus Ganz came to Ingrain to lead our transition from startup company to fast-growing commercial business," said Henrique Tono, Ingrain co-founder, who is departing the CEO post to serve as chairman of the Company's board of directors. "His impact can already be seen in the commercial launch of Ingrain's new CoreHD® high-definition whole core CT scanning and logging service, the successful introduction of Ingrain's relative permeability analysis in shale rocks, and in the opening of Ingrain's commercial digital rock physics lab in Abu Dhabi."
Marcus Ganz joined Ingrain after 29 years of international experience at Schlumberger and WesternGeco. Ganz's experience spans many countries and regions around the globe. As a member of the executive team managing WesternGeco over a period of four years he was VP of the Land product line and later VP & Regional Manager responsible for all activities in South America. From 2006 to 2008 he was the General Manager of Schlumberger Oilfield Services for Argentina and Chile. During this period he served on the Schlumberger Ltd. Business Conduct Group, a rotating team of senior managers responsible for the worldwide implementation and monitoring of the Schlumberger Code of Ethics. Ganz holds a BSc. in physics from the University of Southampton, UK.
Since starting up in 2007, Ingrain has introduced technical breakthroughs in 3D imaging and computation that allow the company to quickly and accurately compute porosity, permeability, elastic properties, electrical properties and multiphase flow in oil and gas reservoir rocks. Ingrain's digital rock physics labs provide CoreHD® high definition whole core scanning and logging, and use 3D imaging and proprietary computation processes to deliver advanced rock properties and multiphase flow analysis for oil and gas reservoir rocks. This information allows oil and gas companies to more accurately estimate the potential of their reserves and make faster, better-informed field development decisions. Ingrain has operations in Houston and Abu Dhabi, UAE. Ingrain's clients include oil and gas companies operating in North America, South America, the Middle East and Africa.
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Ingrain currently operates from its international headquarters in Houston, Texas. For more information, please visit www.ingrainrocks.com
© Press Release 2010
