Seequent secures global rights to iPoint geothermal software

iPoint was developed for the oil and gas industries

Seequent, (formerly ARANZ Geo) a developer of visual data science software based in Christchurch, has been appointed the exclusive global reseller of iPoint data management and visualisation software for the geothermal industry from Perigon, a company based in Aberdeen, Scotland.

iPoint was developed for the oil and gas industries and, according to Seequent, has the ability to store disparate data types along with images and documents, combined with strong well correlation capabilities and is “the undisputed leader of complete wellbore data management.”

Perigon CEO Paul Reid said iPoint had been adapted to support the specific and specialist data generated in the geothermal industry and partnering with Seequent would “help the company provide a more complete solution to this market.”

Seequent’s business manager for geothermal energy, Jeremy O’Brien, said: “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.”

Seequent COO, Graham Grant said the data collected by geothermal companies during drilling and subsurface investigations represented a valuable asset and the software would enable them to 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.

Seequent says iPoint enables direct access to clean, standardised data for geothermal assets in a single environment. “Users can store and visualise 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.”

It adds: “iPoint for geothermal has been 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.”

 

 

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