Ikon Science acquires Perigon Solutions Ltd, adding scalable, integrated, interpreted data management to its global GeoPrediction capabilities.
London – Tuesday 18th December - Ikon Science Limited, a leader in GeoPrediction technology, today announced it has wholly acquired Perigon Solutions, specialists in wellbore data management and visualisation solutions.
Ikon Science is building a global business developing scalable solutions for interpreting and understanding subsurface information, serving a market which is looking for faster effective decision making using integrated subsurface data and solutions.
Perigon Solutions is a leader in the knowledge management of subsurface wellbore data, with a business model that has clear market, revenue and cost synergies with Ikon Science. The acquisition of Perigon Solutions brings Ikon Science deep expertise in the data and knowledge management space.
“By unlocking our customers' legacy rock physics and reservoir work, they will immediately gain the ability to derive new quantitative data-driven insights from past projects, analogues and global teams,” commented Mark Bashforth Ikon Science CEO. “You only have to consider Ikon's vast suite of regional studies, proprietary projects and existing interpreted data to realise that our internal knowledge management database will be unrivalled in the industry.”
“Our customers, teams, and technologies gain immediate benefits from Ikon Science's global reach and RokDoc client base,” said Stuart Thomson, CTO of Perigon Solutions. “We are eager to leverage Ikon Science's experience in interpreting data and inroads into machine learning and AI to deliver richer, even more intelligent solutions.”
Ikon Science will hold a series of webinars and customer visits to provide clients and partners with the opportunity to ask questions and get more details on this venture and further details will be released when available. We encourage interested parties to follow Ikon Science on LinkedIn for updates.
NOTES TO EDITORS
About Perigon Solutions
Perigon Solutions is a global leader in intelligent, connected and efficient wellbore data management systems, providing over 15 years of reliable service to their global portfolio of clients.
Their solutions are built around the pioneering iPoint software which combines class leading data management abilities with unique visualisation capabilities, providing unparalleled levels of data understanding and confidence to its users.
Perigon's technical expertise combined with an innate understanding of modern data management challenges allows them to serve global industry needs from their offices in Aberdeen, Scotland and Houston, Texas. For more on Perigon see www.perigonsolutions.com
About Ikon Science
Ikon Science was founded in 2001 to develop quantitative subsurface software technology and solutions that increase the value of oil and gas reserves while reducing drilling costs and operational uncertainty.
Through its RokDoc software platform and integrated data and solutions, Ikon Science brings the expertise and innovation required to build knowledge and confidence in sub-surface decision-making, predicting safer, cheaper and more efficient exploration, reservoir optimisation and drilling. For more on Ikon Science see www.ikonscience.com
For more information contact Monica Beech – Global Portfolio Manager Content firstname.lastname@example.org / + 1 713 914 0300
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