Cognitive Geology

Founded in 2014, Cognitive Geology designs and builds specialist software for geoscientists in the oil and gas industries, improving accuracy in finding, appraising and developing oil and gas reserves. In 2017 the company secured £2 million from Maven Capital Partners and Enzo Ventures to develop their range of product solutions for the oil and gas... industry. Cognitive Geology's Hutton software claims to help companies in the oil and gas sector be 'approximately accurate, rather then precisely wrong'. Hutton reduces oilfield investment uncertainty by extracting progressive trends from complex geological datasets. Geologists can identify and sequentially remove the effects of the various geological processes, resulting in a vastly reduced range of uncertainty. The geoscience software industry is estimated to be worth an annual $4.5 billion and is forecast to double over the next several years as antiquated software is replaced by next generation technology solutions.Read More