Induction logging is a method to measure the resistivity or conductivity of geological formations surrounding a borehole. It works by transmitting an alternating current from a coil, which induces eddy currents in the formation. These currents are then detected by a receiver coil to provide measurements of apparent conductivity. Interpretation of induction logs can help determine lithology, fluid saturation, and locate hydrocarbon-bearing zones. The key advantage is that it does not require direct contact with the borehole mud or formations, making it useful for wells drilled with oil-based muds.