Cognitive Geology

Sector Software
Deal Type Growth Capital
Initial Investment October 2017
Transaction size £2m
Location Edinburgh
Maven Office Edinburgh
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About Cognitive Geology

Cognitive specialises in advanced geological data analysis tools. Petroleum geologists analysing the subsurface have to deal with significant uncertainty as they map an oil reservoir, plan drilling and production, and ultimately look to maximise oil recovery. That translates into significant uncertainty in terms of committing investment. Cognitive’s product plugs into the major software platforms used throughout the oil and gas industry including Petrel™ and JewelSuite™, and extracts progressive trends from complex geological datasets to enable geologists to make more informed decisions throughout the life cycle of a reservoir. 

Cognitive is currently developing its next suite of third-generation petroleum geoscience software modules, which are designed to help geologists find, appraise and develop conventional and unconventional oil & gas reserves, both onshore and offshore. Its patented Trendware™ technology emulates the behaviour of an experienced geologist, rapidly building multiple reservoir scenarios and providing users with superior visualisation capability to the existing solutions available which are based on legacy software. 

As geologists and technologists ourselves, our mission is to take advantage of modern software architectures to improve the efficiency of our global peers by equipping them with the best software possible for the complex tasks they face daily. Today’s low oil prices increase the requirement for better technology, and looking ahead Maven were quick to recognise the fortuitous timing of our company growth.
Luke Johnson, CEO at Cognitive Geology
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