Royalty Report: Energy Resources & Svcs, Oil & Gas Extraction, Scientific & Technical Instruments – Collection: 29272


Curated Royalty Rate Report
Category: Technology Licenses, Created On: 2022-04-28, Record Count: 3


This collection of transactions and supporting information was developed using our AI algorithm to curate similar royalty reports into a cohesive collection to support your licensing, transfer pricing or other transaction scenarios where documented royalty rates and/or deal terms are important.
Category: Technology Licenses
Created On: 2022-04-28
Record Count: 3

Primary Industries

  • Energy Resources & Svcs
  • Oil & Gas Extraction
  • Scientific & Technical Instruments
  • Test/Monitoring
  • Energy & Environment
  • Environmental Control
  • Petroleum Refining

IPSCIO Report Record List

Below you will find the records curated into this collection.  This summary includes the complete licensed property description so that you can review and determine if this collection covers the topics, technology or transaction type that is relevant for your needs.  The full report will include all relevant deal data such as the royalty base, agreement date, term description, royalty rates and other deal terms.  For reference, here is a sample of a full IPSCIO curated royalty rate report: Sample Report

IPSCIO Record ID: 29272

License Grant
The Sellers have sold, transferred and otherwise conveyed to Owner all of their right, title and interest in and to certain products known as the Ultrasonic Vortex Products which products have been under development by the Licensor and which are the subject of a United States Patent Application Serial No. 08/662,037 which was filed on June 12, 1996 and a United States Continuation-In-Part Application Serial No. 08/784,712 (Ultrasonic vortex flowmeter having remote signal processing).
License Property
Ultrasonic Vortex Meter A plastic vortex shedding flow meter that senses the vortices by use of sending and receiving sound waves through fluid. Optionally it has remote signal processing and a clamp-on housing wherein the active electronic and sonic section of the meter body can be removed from the vortex shedding mechanical portion for purposes of repair or maintenance.

IPSCIO Record ID: 6065

License Grant
Licensor, a research university,  hereby grants to Licensee an exclusive license, including the right to sublicense, with Rensselaer’s consent to each and every claim contained within the Rensselaer Patent Rights, to make, to have made, to import, to use, to offer for sale, and to sell Licensed Products in the Field, and in the Territory, subject to the terms of this Agreement.
License Property
System related to determining the presence and location of leaks in underground pipes. The system uses a series of acoustic sensors to monitor changes in pipeline acoustic emissions, and has been proven in field application with a large multinational petroleum company.

United States Patent 5,416,724 16-May-95

Field of Use
The term “Field” means the following fields of applications Detection of leaks in pipelines.

IPSCIO Record ID: 29354

License Grant
The Licensor granted the Licensee, a majority owned subsidiary, a non-assignable, non-transferable exclusive right to use the Patents for any legal purpose, including, but not limited to, research using the Patents in order to develop Technologies and Products, the manufacture and sale of Products, the sublicense to third parties of such Technologies, and the sublicense to third parties of the rights to manufacture and sell such Products.
License Property
International Patent Application 2004/024309A2, filed September 12, 2003, titled 'System and Method for the Mitigation of Paraffin Wax Deposition From Crude Oil by Using Ultrasonic Waves'

Nationalized PCT United States, Serial number 10/527,614, publication number US-2005-0269097-A1, filed 3/11/2005, 'System and Method for the Mitigation of Paraffin Wax Deposition from Crude Oil by Using Ultrasonic Waves'

Nationalized PCT Canada, Application No. 2,498,742 filed 3/11/2005, 'System and Method for the Mitigation of Paraffin Wax Deposition from Crude Oil by Using Ultrasonic Waves,' Inventor Brian Francis Towler, PhD

United States, Application No. 11/237054 filed 9/27/05, 'Well Casing Based-Geophysical Sensor Apparatus, System and Method,' Inventor William Daily.

United States, Patent No. 5,416,724 filed 10/9/92, granted 5/16/95, 'Detection of Leaks in Pipelines,' Inventor Michael Savic.

The technologies licensed involve innovative energy production enhancements. These include the recently patented technology developments to mitigate paraffin wax deposits in well bores and oil production tubing using ultrasonic waves. Also licensed is a system to detect hazardous gas leaks in natural gas pipelines which provides reliable, cost-effective monitoring of pipeline.

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