A method for characterizing a formation comprising: placing a tool in the formation, wherein the tool comprises a perpendicular antenna set and a parallel antenna set, wherein the perpendicular antenna set comprises at least one first transmitter antenna (810, 812, 1006, 1016, 1018, 1020) oriented perpendicular to at least one first receiver antenna (814, 816, 1002, 1004, 1010, 1012, 1022, 1024), and wherein the parallel antenna set comprises at least one second transmitter antenna (802, 804, 1008, 1014, 1018, 1020) oriented parallel to at least one second receiver antenna (806, 808, 1002, 1004, 1010, 1012, 1022, 1024); transmitting signals from the at least one first transmitter antenna and the at least one second transmitter antenna; obtaining first data from the at least one first receiver antenna and second data from the at least one second receiver antenna in response to the transmitted signals; using the first data to determine a first compensated signal for the perpendicular antenna set and the second data to determine a second compensated signal for the parallel antenna set; characterized in that: the first compensated signal and the second compensated signal have different sensitivities to formation isotropy and formation boundaries; and at least one of: determining that the formation isotropy is anisotropic if the second compensated signal exceeds a threshold value and the first compensated signal is less than the threshold value; determining that the tool is approaching a boundary if both the first compensated signal and the second compensated signal exceed the threshold value; and identifying a tool across boundary by determining if the first compensated signal changes from a positive value to a negative value and/or changes from a negative value to a positive value. placing a tool in the formation, wherein the tool comprises a perpendicular antenna set and a parallel antenna set, wherein the perpendicular antenna set comprises at least one first transmitter antenna (810, 812, 1006, 1016, 1018, 1020) oriented perpendicular to at least one first receiver antenna (814, 816, 1002, 1004, 1010, 1012, 1022, 1024), and wherein the parallel antenna set comprises at least one second transmitter antenna (802, 804, 1008, 1014, 1018, 1020) oriented parallel to at least one second receiver antenna (806, 808, 1002, 1004, 1010, 1012, 1022, 1024); wherein the tool comprises a perpendicular antenna set and a parallel antenna set, wherein the perpendicular antenna set comprises at least one first transmitter antenna (810, 812, 1006, 1016, 1018, 1020) oriented perpendicular to at least one first receiver antenna (814, 816, 1002, 1004, 1010, 1012, 1022, 1024), and wherein the parallel antenna set comprises at least one second transmitter antenna (802, 804, 1008, 1014, 1018, 1020) oriented parallel to at least one second receiver antenna (806, 808, 1002, 1004, 1010, 1012, 1022, 1024); transmitting signals from the at least one first transmitter antenna and the at least one second transmitter antenna; obtaining first data from the at least one first receiver antenna and second data from the at least one second receiver antenna in response to the transmitted signals; using the first data to determine a first compensated signal for the perpendicular antenna set and the second data to determine a second compensated signal for the parallel antenna set; characterized in that: the first compensated signal and the second compensated signal have different sensitivities to formation isotropy and formation boundaries; and at least one of: determining that the formation isotropy is anisotropic if the second compensated signal exceeds a threshold value and the first compensated signal is less than the threshold value; determining that the tool is approaching a boundary if both the first compensated signal and the second compensated signal exceed the threshold value; and identifying a tool across boundary by determining if the first compensated signal changes from a positive value to a negative value and/or changes from a negative value to a positive value. the first compensated signal and the second compensated signal have different sensitivities to formation isotropy and formation boundaries; and at least one of: determining that the formation isotropy is anisotropic if the second compensated signal exceeds a threshold value and the first compensated signal is less than the threshold value; determining that the tool is approaching a boundary if both the first compensated signal and the second compensated signal exceed the threshold value; and identifying a tool across boundary by determining if the first compensated signal changes from a positive value to a negative value and/or changes from a negative value to a positive value. determining that the formation isotropy is anisotropic if the second compensated signal exceeds a threshold value and the first compensated signal is less than the threshold value; determining that the tool is approaching a boundary if both the first compensated signal and the second compensated signal exceed the threshold value; and identifying a tool across boundary by determining if the first compensated signal changes from a positive value to a negative value and/or changes from a negative value to a positive value.