Press Release: TGS and Earth Science Analytics Announce Collaboration to Expand Seismic and Well Data Offerings
OSLO, Norway (15 June 2021) - TGS, a global provider of energy data and intelligence, has announced a collaboration agreement with analysis and machine learning company Earth Science Analytics to share expertise and promote further innovation in data-driven geoscience. This partnership has already delivered insight through a range of unique derivative datasets for the TGS Utsira Ocean Bottom Node (OBN) survey, created through Artificial Intelligence (AI) analysis.
This groundbreaking project is the first example of AI geological interpretation on a large-scale, densely sampled OBN exploration dataset covering over 1,500 square kilometres. The objective was to deliver an entirely 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. With human training, ground truth well data anchoring, and blind testing, the combination of high fidelity seismic with cutting-edge AI technology provides reassuringly accurate predictions.
As a cloud-native application, this partnership sees Earth Science Analytics’ EarthNet software installed into TGS’ cloud environment to create high-value derivates from the world’s largest library of subsurface data. The properties produced from seismic and well data analysis include porosity, lithology and water saturation, in addition to seismic interpretations of faults and geobodies such as injectites to an exceptionally high degree of confidence.
These outputs will be accessible to purchase and later to access in a data room environment as a means for operators to maximize their potential findings and profits, minimize risk and support the best possible decision making.
Dr Eirik Larsen, Earth Science Analytics Customer Success Officer, said, “We are delighted to announce this collaboration with TGS and look forward to utilizing their extensive data library to provide a wealth of knowledge to our clients. This is the beginning of an exciting partnership which will continue to drive forward innovation, boost insights and cement data-driven thinking in the sector.”
Will Ashby, EVP of Eastern Hemisphere at TGS, stated, “The collaboration with Earth Science Analytics is an opportunity for TGS to maximize extraction of the subsurface data insights within our energy data library with integrated, AI-powered workflows. Application of these workflows on our Utsira OBN dataset has already produced startling results, and we look forward to future successes.”
TGS provides scientific data and intelligence to companies active in the energy sector. In addition to a global, extensive and diverse energy data library, TGS offers specialized services such as advanced processing and analytics alongside cloud-based data applications and solutions.
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.