SEG 2013: Geophysical Insights announces Paradise analysis platform
Geophysical Insights has announced at SEG 2013Annual Meeting the commercial launch of Paradise.
HOUSTON – Geophysical Insights has announced at SEG 2013Annual Meeting the commercial launch of Paradise.
Paradise is an advanced analysis software platform that promises to reduce the risk of exploring for hydrocarbons by providing geoscientists new insights in seismic and engineer data, said Geophysical Insights. The suite enables rapid analysis and comparison of different aspects of seismic and engineering data, and shows data relationships.
Paradise executes and manages workflows based on advanced pattern recognition methods, including Self-Organizing Maps (SOM) and Principal Component Analysis (PCA). The suite features guided workflows, interactive world maps, 3D imaging, and a 2D color mapping capability that is integrated and interactive with 3D imaging.
“Paradise has been rigorously applied by our geoscientists in a wide variety of onshore and offshore geologic settings worldwide, including unconventional resource plays,” said Dr. Tom Smith, president and CEO of Geophysical Insights. “We have excellent test results that give us confidence that Paradise will accelerate the creation of geoscience knowledge while substantially reducing exploration risk. Applying Self-Organizing Maps running as background tasks, it is the only geosciences software that can operate on seismic-related files automatically as new data files are added to the system. This capability will continuously generate new knowledge for an oil and gas business.”