![]() Subsea Upcoming Company of the YearĮSA was awarded Subsea upcoming company of the year 2018 by Sparebanken Vest, UTF and GCE Ocean Technology in 2018 and they recently closed a successful 75 MNOK series B funding round. New investment opportunities can be identified, and their risk and uncertainty are quantified through integrating disciplines and data types and exploiting all relevant data, Eirik Larsen adds. ![]() – Our solutions lead to cost reductions through increased efficiency, less use of expensive human resources, coring, logging and analysis equipment, and by drilling fewer unsuccessful wells. ![]() Removing organisation silos ESA's software enables multi-user access and collaboration, data/knowledge sharing and integration across scientific disciplines, ensuring maximum benefit from the available resources. The workflow is also greatly improved by removing much of the manual effort. The users will also experience improved prediction quality by utilizing all subsurface data available and discovering new and valuable insight hidden in the data, and by better quantification of uncertainty. As an example, seismic interpretation tasks that will typically take 3 weeks to complete with traditional methods and software have been completed repeatedly with EarthNET in 3 hours, says CEO Eirik Larsen. Using our software solution EarthNET geoscientists experience huge change in the way of working. New “green” sub-surface businesses including carbon capture and storage, geothermal development and underground energy storage will also greatly benefit from the use of ESA’s data-driven and cutting-edge technology. ![]() This leads to greater profitability and higher success rates for oil and gas exploration, development and production. Faster, Cheaper and More AccurateĮSA’s proprietary software package EarthNET, is a modern cloud-native application that allows faster, cheaper and more accurate prediction of rock and fluid properties in the subsurface. Norwegian company with world leading AI software for geoscience.Įarth Science Analytics (ESA) is a Norwegian software technology company established in May 2016 by Eirik Larsen, Behzad Alaei and Dimitrious Oikonomou, a strong team with many years of experience within Exploration and Production and software development.ĮSA is spearheading the development of the next generation geoscience software based on artificial intelligence, physics- and data-driven approaches. Useful Tips when Applying for External FundingĮntrepreneurship and Business Developmentĭigitalisation and Supply Chain Innovation ![]()
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