You are Home   »   News   »   View Article

Ikon Science and OGA sign contracts for West of Shetland Roknowledgebase

Friday, July 7, 2017

Ikon Science, the leading GeoPrediction company, was recently awarded contracts for its multiclient Roknowledge well, seismic and subsurface reservoir knowledgebase.

The deal was part of recent £1.5million, Oil and Gas Authority (OGA) contract to enable more regional content to be available to Operators working on the UK continental shelf (UKCS).

OGA Director of Operations, Gunther Newcombe, said: 'The UKCS remains a highly attractive exploration destination and in order to maximise the economic recovery of oil and gas from the UKCS, exploration activity must be revitalised in both mature and frontier plays'' (EnergyVoice Online, 1/5/17).

The Ikon Science Roknowledge Studies selected are phases 1 and 2 of Ikon's West of Shetland Rock Physics Study. Phase 1 consists of a rock physics and AVO analysis of 35 key exploration and appraisal wells across 6 UKCS Quads, designed to provide a digital reference of rock physics relationships and the seismic behaviour of rocks. Following Phase 1, a number of high profile wells were drilled, including three additional wells on the UKCS and three from Faroese waters, producing a phase 2 report. More information about both of these studies can be found at ikonscience.com/studies.


Martyn Millwood Hargrave, Executive Chairman of Ikon Science commented 'The application of Ikon Science's 'the regional informs the local' philosophy, has contributed to significant license and operator success since 2003. We've analysed 5000+ wells in the area, completed over 600 UKCS projects and submitted more than 35 successful applications with and on behalf of our clients. In addition, our studies form a rich data source for cost saving and safer decommissioning projects. We are proud to be recognised as a good fit for the partnership with the OGA and are confident that the combination of OGA's new enlightened licensing system, our regional Roknowledge databases and our global GeoPrediction system RokDoc-Ji-Fi (ikonscience.com/jifi) is generating a new and brighter future for UKCS exploration, development and production''.



Associated Companies
» Ikon Science
comments powered by Disqus

CREATE A FREE MEMBERSHIP

To attend our free events, receive our newsletter, and receive the free colour Digital Energy Journal.

FEATURED VIDEO

Improving well head data by developing a well head reports Engineers Data Model
Nurhamizan Yussop
from Brunei Shell Petroleum Co Sdn Bhd

DIGITAL ENERGY JOURNAL

Latest Edition Oct-Dec 2017
Nov 2017

Download latest and back issues

COMPANIES SUPPORTING ONE OR MORE DIGITAL ENERGY JOURNAL EVENTS INCLUDE

Learn more about supporting Digital Energy Journal