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Seequent partners with Perigon

Seequent partners with Perigon to bring iPoint’s data management capability to the geothermal industry

iPoint for geothermal delivers new data management and visualisation capability to the geothermal industry; Seequent appointed exclusive global re-seller

CHRISTCHURCH, NZ and Aberdeen, UK – 17 August, 2018 - Seequent, a developer of revolutionary visual data science software, and Perigon, a global leader in delivering intelligent wellbore data management solutions today announced they have partnered to deliver the iPoint data management and visualisation software solution to the geothermal Industry.

Seequent, the developer of dedicated 3D modelling solution Leapfrog Geothermal, has been appointed as the exclusive global re-seller of iPoint for geothermal, a tried and tested set of tools tailored specifically for the geothermal industry to address the long-time challenges of data storage, management and security.

Graham Grant, COO of Seequent, says: “One of the biggest assets a geothermal operator has is the data they collect during the expensive operation of drilling and subsurface investigation along with operational data.

“Our partnership with Perigon is a great way to help our geothermal customers take control over the way their data is managed and used, to better manage risk and make important exploration and operational investment decisions that add to the top and bottom-line.”

iPoint enables direct access to clean, standardised data for geothermal assets in a single environment. Users can store and visualize the complete range of geothermal data, including geochemical, geological, production and geophysical, in ‘one home’ for all subsurface data. This allows users to quickly find the ‘best set’ of information available to them.

First developed for the oil and gas industry, iPoint’s ability to store disparate data types along with images and documents, combined with strong well correlation capabilities made the solution the undisputed leader of complete wellbore data management.

Paul Reid, CEO of Perigon, says: “iPoint has been a best-in-class solution for the Oil and Gas Industry for many years. We specialise in subsurface wellbore data and our intelligent solutions integrate data to advance analysis and enable more accurate, contextual data interpretation. We have now developed iPoint to support the specific and specialist data within the geothermal industry and partnering with Seequent helps us to provide a more complete solution to this market.”

iPoint for geothermal was developed in collaboration with key industry leaders and has already been tested with some major geothermal companies in New Zealand and Iceland including, Mercury Energy, Contact Energy and ISOR.

Ian Richardson, Mercury’s Geothermal Projects and Research Manager, says: “We have been trialling iPoint to help solve the key challenge with our geoscience data, which is having a centralised, version-controlled database that can be accessed and used by anyone on a particular project. iPoint has enabled us to do this successfully in a trial, and we look forward to continuing to work with Seequent and Perigon.”

ISOR have also been trialling iPoint to help their teams make better decisions. Steinþór Níelsson, Head of Geosciences for ISOR, says: “Sometimes our Geoscientists don’t have the full and best picture they could have and with that comes uncertainty about trusting the data. If you don’t trust the information you have at hand, you increase the risk factors associated with potential exploration or operational decisions. iPoint will give us a single source of truth and therefore we can trust the data much more in our decision making.”

Jeremy O’Brien, Seequent’s Business Manager for Geothermal Energy, says: “We saw a key gap in the market around data management and saw an opportunity to bring tools to the geothermal industry to help tackle this. This partnership highlights Seequent's commitment to bringing a suite of products to the market to help geothermal companies in understanding and managing the subsurface.”

To learn more about iPoint for geothermal or to request a demo visit www.leapfrog3d.com/products/leapfrog-geothermal

ENDS

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