NEOS

Description
Full company report

NEOS GeoSolutions is a solutions-oriented geosciences company that is a leader in the emerging field of multi-measurement subsurface interpretation. Our mission is to help our clients in the onshore oil & gas and mining industries make faster, more informed decisions about where to explore, where to lease, and where to drill.

We do this by integrating a broad range of geological and geophysical (G&G) data - including data available in the public domain, owned by our clients, or acquired using proprietary NEOS platforms - to produce a highly constrained 3D model of the subsurface. By applying the latest geostatistical techniques, we help our clients determine which portions of a basin might be the most prospective and, at the lease level, what areas are most likely to contain commercial quantities of hydrocarbons or minerals.

NEOS was formed as a new breed of geosciences company where "Silicon Valley meets the oil patch." One of our largest investors is the venture capital firm Kleiner Perkins Caufield & Byers (KPCB), the entity that backed pioneering companies such as Google, Symantec, Amazon, and Electronic Arts. By tapping into the networks of KPCB and our two other lead investors - Goldman Sachs and Passport Capital - we ensure our methods incorporate the latest thinking in sensors, computing, neural networks, visualization and intelligent search.

Latest Opinion & Commentary

Unlocking new insights in the Marcellus
Multi-Physics Approach to Sweet Spot Detection Oil & gas development in the Appalachian Basin has experienced a dramatic resurgence over the last decade thanks to unconventional drilling and extraction techniques. Companies have discovered the promise of the Marcellus, a formation that stretches ne...
Monday, January 27, 2014
Predictive analytics methods begin to take hold in E&P
Twenty years ago, predictive analytics was a buzz phrase little heard by those outside of academia. Ten years ago, the concept began to emerge prominently within the financial sector, as investment managers started to leverage powerful, software-driven analytical programs to assess investment altern...
Friday, November 16, 2012
Bring more to the Exploration Party
Since the commercialization of 3-D seismic thirty years ago, reflection seismology has been the primary tool used by explorationists in the hunt for hydrocarbons. E&P firms have channeled more than 90% of all geophysical expenditures into seismic, driven by the significant value seismic-derived imag...
Monday, September 26, 2011

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