Horisont Energi (EURONEXT: HRGI) is a Norwegian clean energy company that provides clean energy and carbon transport and storage services. The software products provide geoscientists with opportunities to work with large data sets more efficiently and obtain more accurate results at a lower cost compared to what can be achieved with traditional methods. ESA incorporates extensive knowledge and experience in geoscience, computer science, artificial intelligence, and machine learning, to develop software and solutions for the energy industry. As a result, the operator and partners can now spend more time on fully understanding the potential challenges this storage site may pose.Įarth Science Analytics AS (ESA) is a Norwegian technology company developing the next generation web-based cloud-native geoscience software and solutions. Using the EarthNET technology saves time, improves results, and enables working on a previously unfeasible scale. Morten Sola, Chief Project Officer CSS at Horisont EnergiĮSA’s machine learning capabilities reduce interpretation cycle time and allow more time to be spent on risk assessment and management. With its EarthNET technology, ESA captured regional trends in geology, quantified the full range of uncertainty within acoustic and physical properties, and provided a data-driven model that challenges underlying assumptions within traditional workflows. “By utilising ESA’s deep domain expertise in both geoscience and deep learning technology, we were able to augment a sparse dataset over the area of interest with additional relevant geological data. The project partnership for the license consists, among others, of Horisont Energi and Equinor. On behalf of Horisont Energi, Earth Science Analytics used its extensive domain expertise and EarthNET technology to produce 3D volumes of elastic and reservoir properties of a challenging sandstone reservoir in the Barents sea that has been recently awarded as a CCS site for permanently storing CO₂. STAVANGER, Norway - 25.08 2022 - Earth Science Analytics today announced that it has entered a strategic collaboration with Horisont Energi, a carbon transport and storage services provider, to utilise the EarthNET technology to characterise and de-risk a carbon storage site in 3D.ĭue to the sparse amount of data available over suggested storage sites, it is challenging to accurately assess the physical rock and fluid properties of candidate reservoirs, which significantly impact the safe operation of carbon storage sites.
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