New Collaboration with TGS will support our innovation drive in data-driven geoscience
Commentary by Eirik Larsen. Chief Solutions Officer, Earth Science Analytics
17 January 2022
Eirik Larsen, Chief Solutions Officer, Earth Science Analytics, comments on a new collaboration, set to enhance our data-driven geoscience offering.
Earth Science Analytics provides high quality data-driven petroleum-geoscience solutions. Our next-generation E&P software is cloud-native and also deployable on-premise or as hybrid solutions, helping to provide real collaborative environments that put data and insights at the fingertips of domain experts and decision-makers.
It is my belief that our solution not only provides more precision, at a lower cost than traditional methods but also helps to support sector efficiencies, regarding profitable, data-driven decisions.
While this should – and I believe is – generating excitement in the sector, a recent collaboration this year will go even further in enhancing our offering.
In June 2021, we were delighted to announce an exciting partnership with TGS. While still in its infancy, significant activity has already taken place, with the collaboration helping to support our continued focus on innovation, boosting customer insights and cementing our data-led thinking in the sector.
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, they provide specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.
This collaboration signals what we believe to be a joint recognition of the value of extensive data sets and AI capable analytics applications for geoscientific studies. Ultimately, the result of which is the combined delivery of cloud data access opportunities, paired with viewing and analysis capabilities, all in one space.
Not only does that mean that our customers have the best data and tools available to them, but they can also be used widely to deliver success across oil and gas exploration, and development and production. Derivative seismic products will provide operators with the potential to maximise value and increase success rates for oil and gas operations.
In short, this move means that TGS’s extensive seismic and well data library will be run through Earth Science Analytics’ EarthNet software to produce high-value property logs and volumes. And it’s a partnership that will deliver cross-sector success, as we are continuing to build on this strong foundation with additional data types to serve a range of needs.
As a cloud-native application, EarthNet is installed into TGS’s cloud-enabled data to transition the raw data to property logs and volumes. The logs and volumes will be produced from seismic data which include porosity, lithology and water saturation, as well as seismic interpretations of faults and geobodies including injectites.
Our work together has already seen the delivery of insights through a range of unique derivative datasets for the TGS Utsira Ocean Bottom Node (OBN) survey, created through Artificial Intelligence (AI) analysis.
This recent example of shared knowledge and expertise centres on a large-scale, AI geological interpretation, densely sampled OBN exploration dataset covering over 1,500 square kilometres.
We set each other the objective to deliver a revolutionary new suite of derivative seismic products to provide enhanced exploration insights through AI, especially in areas where Infrastructure lead exploration (ILX) is drawing increased focus from the E&P industry.
So that’s exactly what we did. We are confident that with human training, paired with ground truth well data anchoring, and blind testing, we have provided the sector with a combination of high fidelity seismic with cutting-edge AI technology to provide accurate predictions.
These outcomes are available for purchase now, as well as being accessible within a data room. Operators can now maximise their potential exploration findings, minimise risk and support the best possible decision making.
For me, this development gives operators the tools available for them to shape their own success story. Arguably, those who move quickest to take advantage of the new technology will reap the greatest success.