Earth Science Analytics announce collaboration with Horisont Energi
STAVANGER, Norway - 25.08 2022 - Earth Science Analytics today announced that it has entered a strategic collaboration with Horisont Energi, a carbon transport and storage services provider, to utilise the EarthNET technology to characterise and de-risk a carbon storage site in 3D.
Due to the sparse amount of data available over suggested storage sites, it is challenging to accurately assess the physical rock and fluid properties of candidate reservoirs, which significantly impact the safe operation of carbon storage sites.
On behalf of Horisont Energi, Earth Science Analytics used its extensive domain expertise and EarthNET technology to produce 3D volumes of elastic and reservoir properties of a challenging sandstone reservoir in the Barents sea that has been recently awarded as a CCS site for permanently storing CO₂. The project partnership for the license consists, among others, of Horisont Energi and Equinor.
“By utilising ESA’s deep domain expertise in both geoscience and deep learning technology, we were able to augment a sparse dataset over the area of interest with additional relevant geological data. With its EarthNET technology, ESA captured regional trends in geology, quantified the full range of uncertainty within acoustic and physical properties, and provided a data-driven model that challenges underlying assumptions within traditional workflows. “
- Morten Sola, Chief Project Officer CSS at Horisont Energi
ESA’s machine learning capabilities reduce interpretation cycle time and allow more time to be spent on risk assessment and management. Using the EarthNET technology saves time, improves results, and enables working on a previously unfeasible scale. As a result, the operator and partners can now spend more time on fully understanding the potential challenges this storage site may pose.
About Earth Science Analytics
Earth Science Analytics AS (ESA) is a Norwegian technology company developing the next generation web-based cloud-native geoscience software and solutions. ESA incorporates extensive knowledge and experience in geoscience, computer science, artificial intelligence, and machine learning, to develop software and solutions for the energy industry. The software products provide geoscientists with opportunities to work with large data sets more efficiently and obtain more accurate results at a lower cost compared to what can be achieved with traditional methods.
About Horisont Energi
Horisont Energi (EURONEXT: HRGI) is a Norwegian clean energy company that provides clean energy and carbon transport and storage services. The company will transform gas, water and renewable energy into cost-leading clean ammonia and hydrogen and offer CO2 transportation and storage services using proprietary technology, paving the way for a low carbon economy. The company was founded in 2019 and is headquartered in Sandnes, Norway.