Oil and gas software creator Ikon Science announced today the purchase of
Edinburgh-based specialist software and interpretation company Anitec Limited,
enhancing Ikon’s anisotropic, multicomponent and time-lapse capabilities. Under the
transaction, Anitec co-founders Professor Colin MacBeth and Dr. Phil Wild will join the
Ikon team.
Based at the
since March 2004 developing a unique seismic anisotropy modeling and database
module within the RokDoc software. In September 2006 the two companies signed a
development agreement to further enhance RokDoc®’s anisotropic and multicomponant
seismic capabilities.
To enable closer links with Heriot-Watt, Ikon will also join the world-renowned
Time Lapse Project as a consortium member and will contribute funding and software
including RocDoc 3D/4D to further the consortium’s aims.
Spun out of
with the processing and interpretation of multi-component seismic data and on the
exploitation of seismic anisotropy for reservoir characterization.
Recommended Reading
Seatrium Awarded Contract for FPSO Bound for Guyana’s Stabroek
2024-05-17 - The topsides fabrication and integration contract will be for the FPSO Jaguar, bound for the Whiptail Field in the Stabroek block offshore Guyana for Exxon Mobil.
Third Suriname Find for Petronas, Exxon Could Support 100,000 bbl/d FPSO
2024-05-17 - A recent find offshore Suriname in Block 52 by Petronas and Exxon Mobil could support a 100,000 bbl/d FPSO development, according to Wood Mackenzie.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks: Baker Hughes
2024-05-17 - The oil and gas rig count rose by one to 604 in the week to May 17.
BPX Looks to Ramp US Production Over 60% by 2030
2024-05-16 - BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.
Empire Petroleum’s Williston Drilling Program Identifies New Zones
2024-05-16 - Empire Petroleum provided updates on its Williston Basin development drilling program in its first quarter 2024 earnings results.