For Immediate Release Media
Geophysical Insights Awards the University of Aberdeen Licenses to New AI Technology
Houston and Aberdeen, 24 February 2021 – Geophysical Insights, a Houston-based company, has awarded the University of Aberdeen licenses to the Paradise® AI workbench for seismic interpretation. The software will enable postgraduate students in the Schools of Engineering and Geosciences to extend their research into new areas. New machine learning methods are proving to extract more information from data than is possible using traditional seismic interpretation tools.
Students apply the Paradise in research to extract information from seismic and well data through supervised and unsupervised machine learning algorithms. Geophysical Insights makes software licences available to select universities free of charge as part of their university programme.
Dr. Andrew Starkey, Senior Lecturer in the School of Engineering, said that postgraduate students and their supervisors involved in active research would benefit most from the grant. “There are several current projects at the University that will use Paradise, one being the seismic analysis area using artificial intelligence (AI) techniques for the automated detection of attributes of interest and visualisation of the analysis.”
“We are very grateful to Geophysical Insights for presenting the University and its students with this software licence grant. The technology will make a huge difference in how students will be able to conduct their research, potentially speeding up the process for analysis and allowing them to extend their research into new areas.”
Geophysical Insights was founded in 2008 by Dr Tom Smith with the vision of applying machine learning methods to seismic interpretation to reduce the cost and risk of oil and gas exploration and field development. Paradise was launched as a commercial product in 2013 and features an intuitive interface that guides geoscientists in applying machine learning to different geologic investigations. The workbench is designed for use by a broad audience of geoscientists, from recent graduates to highly experienced specialist.
“We are delighted to support the world-class research being done at the University of Aberdeen,” said Dr Smith. “Their research will reveal new applications of multi-attribute seismic analysis through machine learning algorithms, and we look forward to seeing the results of their work with Paradise.”
The University of Aberdeen has engaged in data science and artificial intelligence research for more than 30 years. The University’s research continues to discover new ways these technologies can be applied to improve health and quality of life while considering the affects on society.