GeoPressure Technology, an Ikon Science Company releases major regional studies of North Sea basin to enhance exploration success and reduce drilling risks

GeoPressure Technology, an Ikon Science Company releases major regional studies of North Sea basin to enhance exploration success and reduce drilling risks Ikon Science/GeoPressure Technology are pleased to announce the completion of the Viking Graben Pressure Study and the "Roknowledge" Rock Physics Studies which have been designed to enhance exploration success and reduce drilling risks for North Sea operators and acreage holders. The Viking Graben Pressure Study comprising over 1300 wells exa...

Ikon Science is positioned for its next phase of growth after FF&P Private Equity acquires a significant minority shareholding

Press Release For immediate release: 02 October 2008 IKON Science is positioned for its next phase of growth after FF&P Private Equity acquires a significant minority shareholding Ikon Science Limited ("Ikon" or "the Company"), the leading independent provider of software and Quantitative Interpretation (QI) services to the upstream oil and gas sector, is pleased to announce that it has restructured its capital base through the introduction of FF&P Private Equity (`FPE'), the private equity divi...

Seal breach, fluid expulsion and a mud volcano in East Java

Houston seminar: 30th September, 2008 Richard Swarbrick PhD GeoPressure Technology, Ikon Science "Seal breach, fluid expulsion and a mud volcano in East Java" Abstract: Some valid traps have hydrocarbons present, some have not. There are a number of possible explanations including lack of a mature source rock, late trap development and migration "shadow" as well as loss of hydrocarbons which enter the trap. Loss of hydrocarbons through a seal may involve hydrocarbon buoyancy (membrane leakage...

Ikon Science sponsors new Professorial Chair in CO2 Capture and Storage

Press Release For immediate release: 28 July 2008 Ikon Science sponsors new Professorial Chair in CO2 Capture and Storage Ikon Science has entered into a three-way partnership with Durham University's Centre for Research into Earth Energy Systems (CeREES) and DONG Energy to sponsor the newly-created position of Professor of Carbon Capture and Storage (CCS) and Energy. Durham University aims to attract a leading figure in the area of carbon capture and storage to take on the role which shall inco...

SecEd Magazine: Casestudy - The Ambassador

Ikon Science appoints Mick Lambert to expand Western Hemisphere business

Press Release For immediate release: 22nd April 2008 Ikon Science appoints Mick Lambert to expand Western Hemisphere business Ikon Science, a fast-growing provider of innovative technology and services for the upstream oil and gas industry, has appointed Mick Lambert as President, Western Hemisphere, to develop the Ikon Science group business across the Americas. Mr Lambert, who is based in Houston, will also join the Ikon board as an executive director. Mick is the former President and CEO of ...

More than Rock Physics; Ikon Science highlights combined EM and Seismic modelling in the upcoming RokDoc Version 5.3

Press release 11 December 2007 More than Rock Physics; Ikon Science highlights combined EM and Seismic modelling in the upcoming RokDoc Version 5.3 Ikon Science today announced strategic extensions to the industry standard rock physics package RokDoc®. Enhancements include joint seismic and Electromagnetic imaging (EM) modelling, Vertical Seismic Profile (VSP) interpretation and Pressure modelling. All are proving to be technologies essential to the search for oil and gas in the 21st century. T...

Digital Energy Journal: Double North Sea oil with Rock Physics?

Exploration and Drilling Double North Sea oil with rock physics? Martyn Millwood Hargrave, managing director of London-based company Ikon Science, believes that rock physics based technologies could help find and access a further 4 billion barrels of oil in the North Sea, on top of the 4 billion barrels thought to be left to be recovered through normal means. "In the North Sea there are about 4 billion barrels left to be found with conventional E&P methods but up to 8 billion barrels using rock...

Oilexco Incorporated awards Ikon Science $10 million contract

Press release For immediate release: 3rd September 2007 Oilexco Incorporated awards Ikon Science $10 million contract Subsurface Interpretation technology group, Ikon Science has been awarded a $10million, 30 month contract by LSE and TSX listed, Oilexco Incorporated. Ikon Science is to provide rock physics directed prospect evaluation, geomodelling and reservoir characterisation for Oilexco's programme of exploration, appraisal and development drilling in the UK North Sea. Ikon Science has wor...

Ikon Science Appoints Peter Dolan as Chairman - Two Further Senior Appointments

Press Release For immediate release: 25 June 2007 Ikon Science Appoints Peter Dolan as Chairman Two Further Senior Appointments Ikon Science, the fast growing, innovative developer of software for the oil and gas industry, has appointed Peter Dolan as Chairman, and has made two new senior technical appointments. Dr Peter Dolan (63) joins Ikon's board as Non Executive Chairman, replacing Michael Knowles who has stepped down for personal reasons. Peter has been involved in international explorati...

Ikon Science’s GeoPressure Technology Releases New Norway Pressure Study

'Volcano gets choke chains to slow mud' - Nature Magazine

NEWS NATURE|Vol 445|1 February 2007 Volcano gets choke chains to slow mud Indonesian geophysicists hope to stem the flow of a destructive mud volcano on East Java by dropping chains of concrete balls into its mouth. The mud eruption began on 29 May last year in the middle of a rice paddy in the village of Porong, 30 kilometres south of Surabaya, the provincial capital. Since then, the volcano has spewed out up to 126,000 cubic metres of mud a day, flooding an area of more than 4 square kilomet...

GeoPressure Technology are contributors to report on mud volcanos in Java which shall be published in the February edition of US journal GSA.

Ref: 006 07 Date: 23 January 2007 Mud volcano in Java may continue to erupt for months and possibly years The first scientific report into the causes and impact of Lusi, the Indonesian mud volcano, reveals that the 2006 eruption will continue to erupt and spew out between 7,000 and 150,000 cubic metres of mud a day for months, if not years to come, leaving at least 10 km2 around the volcano vent uninhabitable for years and over 11,000 people permanently displaced. The paper by a Durham Univer...

OilBarrel: The “Thin” Oil And Gas Company And The Role Of Service Concerns In The North Sea