Ikon Science and RokDoc Ji-Fi win Energy Institute Technology Award
Ikon Science is pleased to announce that their revolutionary software solution RokDoc Ji-Fi has been chosen as the winner of the 2016 Energy Institute (EI) Award for Technology. This is the third prestigious technology award for RokDoc Ji-Fi in 2016, having previously won awards from the Society of Exploration Geophysicists (SEG) and Institute of Physics.
Established in 1999, the EI Awards recognize enterprises and people who have demonstrated a high level of duty and commitment to industry and have made critical achievements in the Energy sector. 2016 winners alongside Ikon Science included Airbus defence and space and Jaguar Land Rover.
RokDoc Ji-Fi is a software system that generates high fidelity 3D quantitative geological and fluid images from seismic data volumes, using rock physics and sophisticated mathematical analysis to robustly handle seismic resolution and noise, producing unique decision support for exploration and production, drilling and other subsurface investments.
As well as winning multiple awards, RokDoc Ji-Fi has seen extraordinary commercial adoption from Supermajor Oil companies and global Independents.
The EI award ceremony took place on Thursday 10th November at the Sheraton Park Lane Hotel, London UK, and Ikon’s CEO, Martyn Millwood Hargrave and Director of Research & Innovation, Michael Kemper received the award on behalf of Ikon Science. “It is an absolute honour that Ikon’s RokDoc Ji-Fi technology, the result of so much investment, high science and dedicated team collaboration, was selected and recognized by the Energy Institute”, Michael Kemper commented.
Martyn Millwood Hargrave said “We are truly privileged to win such a highly respected award in our industry. Right now, the oil industry needs new effective technology that offers low cost and reliable prediction of reservoirs and fluids in exploration, development and production, and RokDoc Ji-Fi is fast proving to be the leading industry tool. To date over 60 companies worldwide including 3 super majors have implemented the system since its commercial availability. I've been in this business a long time, and RokDoc Ji-Fi is the closest I’ve seen to the holy grail of understanding the subsurface from seismic, but it is not only winning recognition through receiving prestigious awards for technology and innovation, but also a winning place in upstream company’s tool-kits”.