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Ikon Science GeoPrediction Software and Solutions show their relevance in a low oil price environment


Published Jan 14, 2015
Ikon Science - logo (new)

Ikon Science registers record quarter and launches significant new products as customers seek tools and advisory services to weather the harsh economics of low oil.

Ikon Science, the global GeoPrediction company, achieved its highest quarterly revenues since the company’s foundation in 2001, bolstered by the new 6.2 release of its flagship RokDoc software platform, an increased demand for its core offering of Quantitative Interpretation Solutions, Pore Pressure Prediction and Geomechanics Analysis and sustained market interest in regional knowledge studies and knowledge management tools.

This exceptional result also saw a sharp increase in software sales relative to total revenues, in the order of 20% year on year, a clear sign that the latest versions of the rock physics and seismic characterisation modules were satisfying customer demand for new capabilities and enhanced support for key workflows. The new modules, notably the comprehensive GeoMechanics toolset, were also well received.

Tags: Ikon Science




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