Month: November 2017

Our impact on the Geothermal industry

We offer a product suite with modelling capabilities for many industries, including Leapfrog Geothermal for the geothermal energy sector.

Geothermal energy is heat from the earth

Geothermal energy is now being harnessed by regions world-wide as an affordable, clean, and sustainable energy source. The interactive map below shows the geothermal 2017 electrical generating capacities per country:

Data from ThinkGeoenergy. This interactive heat-map was created using the free program OpenSourceMap. 

Continue reading

A Three Letter Word that Sank a Thousand Mineral Projects

This post was written by Mike O’Brien, Geostatistician Seequent Expert Services (previously ARANZ Geo), based on his experiences working as a consultant on mineral projects

‘AND’ is a logic gate that sneaks up on mineral projects and destroys their value.

‘AND’ is a logical conjunction and, to grossly simplify, it implies the outcome of applying a series of factors in combination is only positive if each of the series of factors is positive. This logic gate controls a lot of things that we do. For example, (Exam passed by Jane) = (Jane goes to school) AND (Jane goes to exam venue) AND (Jane obtained pass mark). All three conditions have to happen for Jane to pass the exam.

Continue reading

Using curiosity as a business tool

By Claire Mahoney

From the time we can speak, we start asking questions: Why is the sky blue? How big is the ocean? Why do the leaves change colour? Being curious is encouraged and rewarded because it leads to a deeper understanding of the world, which helps us operate and survive better as humans.

Curiosity is part of our company culture and we use it for a lot of different reasons: to build better software, understand user needs and help solve complex industry challenges. Even as we grow as a company, we’re still asking the same questions: What does it look like underground? Can we harness the power of a volcano?

By being curious we’ve created multiple opportunities, solved a host of problems and had some enlightening conversations. Here’s how we apply curiosity in our business.

Curiosity for problem-solving

When we heard back in 2014 that some of our customers were having problems managing their model versions, which was hampering their decision-making and costing money at the operations stage, we saw an opportunity to help out and get curious.

We asked some key questions: How are you managing projects now? How are models shared currently? What other decisions depend on the data? What other problems is this causing?

Continue reading