NEOS


Description

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 NEOS News

Quantifying the value of information: a case study from Neuquén Basin, Argentina

NEOS GeoSolutions and Palantir Solutions recently co-hosted a Lunch & Learn workshop in Calgary. The topic: how to quantify the value of information. NEOS acquires and simultaneously interprets multiple geological, seismic, non-seismic, and geochemical datasets to map natural resource distributions ... Tuesday, September 1, 2015

NEOS acquires Denver land processing business from ION

NEOS GeoSolutions, Inc. and ION Geophysical Corporation (NYSE:IO) today announced that NEOS has acquired - for cash and other consideration - ION's Denver land seismic data processing operation. The addition of this business line expands NEOS's multi-physics service lines to now include seismic data... Monday, August 17, 2015

NEOS identifies frontier province in Lebanon

NEOS today announced the promising findings from a regional oil & gas prospectivity study that it completed in Lebanon. NEOS believes a frontier oil & gas province is now emerging in the country. Jim Hollis, NEOS President and CEO, commented, 'After completing an extensive interpretation of the geo... Monday, July 27, 2015

Cause for Hope in the Levant

The Eastern Mediterranean region has drawn a great deal of interest in recent years, and not just because of the dynamic geo-political situation in the region. The petroleum industry has been watching the region with a keen eye, as exploration successes in the offshore waters of the EastMed have man... Monday, July 20, 2015

NEOS completes neoSCAN along South Atlantic Margin

NEOS GeoSolutions, Inc. today announced that it has completed a neoSCAN study over an approximately 20,000 km2 area of investigation (AOI) along the South Atlantic Margin. As part of this project, NEOS integrated and simultaneously interpreted several existing geological and geophysical datasets to ... Friday, April 3, 2015

All NEOS News

Latest Opinion & Commentary

Quantifying the value of information: a case study from Neuquén Basin, Argentina

NEOS GeoSolutions and Palantir Solutions recently co-hosted a Lunch & Learn workshop in Calgary. The topic: how to quantify the value of information. NEOS acquires and simultaneously interprets multiple geological, seismic, non-seismic, and geochemical datasets to map natural resource distributions ... Tuesday, September 1, 2015

Cause for Hope in the Levant

The Eastern Mediterranean region has drawn a great deal of interest in recent years, and not just because of the dynamic geo-political situation in the region. The petroleum industry has been watching the region with a keen eye, as exploration successes in the offshore waters of the EastMed have man... Monday, July 20, 2015

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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