Geophysical Insights was founded in 2008 by Dr. Tom Smith with the vision of applying machine learning methods to geologic interpretation to reduce the risk of exploration and the cost of field development. Shortly after launching the company, Dr. Smith assembled some of the best talent in geoscience, interpretation software development, and technology marketing. The group’s goal was to develop the next generation of interpretation tools in an intuitive, elegant interface that could be used by all interpreters. Over three years in development, Paradise® was commercially launched at the Society of Exploration Geophysicists (SEG) Annual Convention in 2013 and has seen steady adoption in the industry since its launch.
Geophysical Insights continues to build capabilities in the Paradise platform, which is proving to reveal deeper insights in the seismic response through multi-attribute analysis. Built for large sets of data, Paradise is a ‘Big Data’ solution that easily scales from a single workstation to an enterprise. With adaptive algorithms that learn from the data that are enabled by low-cost, high performance computing, interpreters are able to extract more information from seismic and well data than would otherwise be possible from traditional interpretation tools.