Ikon Science

Twickenham, United Kingdom Founded: 2001 • Age: 25 yrs Acquired By Great Hill Partners
Software for reservoir modeling and exploration estimations for oil gas companies

About Ikon Science

Ikon Science is an Energy & Utilities company based in Twickenham (United Kingdom) founded in 2001 by Martyn Millwood Hargrave, and was acquired by Great Hill Partners in October 2018. It operates as a software for reservoir modeling and exploration estimations for oil gas companies. The company has 126 employees. Ikon Science has completed 2 acquisitions, including JRS Petroleum Research and Perigon Solutions. Its chief executive is Mark Bashforth. Ikon Science offers products and services including RokDoc, Curate, and Well Surveillance. Its focus areas include Energy Tech, Oil & Gas Tech, Upstream and Reservoir Appraisal. Its legal entity is IKON SCIENCE LIMITED. Its competitors include FEI Company, Process Systems Enterprise, GeoTeric, WellDog and Cognitive Geology and 3 more; 4 of its 8 listed competitors have raised funding.

Company details

ikon Science provides software suite to oil gas companies for number-intensive calculations and predictions in exploration, drilling, and reservoir estimations and reservoir modeling. Claims that the software can be used by both offshore and onshore companies for regular and heavy oil and purposes like reservoir optimization. Provides modules for technical usages like Geo pressure analysis, chemical composition analysis, multi-well analysis and others.

  • Headquarters Twickenham, United Kingdom
  • Employees 126
  • Founders Martyn Millwood Hargrave
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website ikonscience.com
  • Social LinkedIn X
  • Acquired by Great Hill Partners (Oct 2018)
  • Legal Name Ikon Science Limited
  • Date of Incorporation 26 Feb, 2001
  • Jurisdiction SURBITON, ENGLAND
Key Metrics

Products & Services of Ikon Science

Ikon Science offers a comprehensive portfolio of products and services, including RokDoc, Curate, and Well Surveillance.

RokDoc
Geoprediction Software

Platform for rock physics modeling and seismic inversion in energy exploration.

Curate
Data Management Platform

Tool for subsurface data integration and knowledge management services.

Well Surveillance
Monitoring Software

Application for real-time well operations and risk reduction in drilling.

Investors in Ikon Science

Ikon Science has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Great Hill Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Business acquisitions are targeted by the private equity firm.
–greathillpartners.comBoston, United States
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People of Ikon Science

2 people are tracked at Ikon Science (2 in leadership); the tracked headcount is 126.

NameRoleGroup
Martyn Millwood Hargrave
Founder & ChairmanLeadership
Mark Bashforth
CEOLeadership
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Investments & Acquisitions by Ikon Science

Ikon Science has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include JRS Petroleum Research and Perigon Solutions.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
A platform for business intelligence and data visualization is provided.
perigonsolutions.comAberdeen, United Kingdom2003Dec 2018β€’β€’β€’β€’
Provider of technology solutions for oil and gas exploration and production
jrspet.comMagill, Australia2000Aug 2012β€’β€’β€’β€’
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Complete acquisition details for Ikon Science

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Timeline of Ikon Science

4 dated milestones of Ikon Science across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ikon Science is founded.
  2. Acquisition Acquires JRS Petroleum Research.
  3. Exit Acquired by Great Hill Partners.
  4. Acquisition Acquires Perigon Solutions.

Competitors of Ikon Science

Ikon Science has 8 listed competitors in our database, 4 of them funded. They include FEI Company, Process Systems Enterprise, GeoTeric, WellDog and Cognitive Geology, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
fei.com1971Hillsboro, United States–378
TEM and SEM microscopy solutions for nanoscale imaging are manufactured.
psenterprise.com1997London, United Kingdom$3.05M211
Process modeling software and model-based engineering services are offered.
geoteric.com2004Newcastle Upon Tyne, United Kingdom–58
Cognitive interpretation software for geological mapping is developed.
welldog.com1999Laramie, United States$10.53M–
Geophysical services for oil and gas reservoirs are provided.
cognitivegeology.com2014Edinburgh, United Kingdom$2.63M20
Develops software for geological property modelling in oil exploration.
tecplot.com1981Bellevue, United States–41
Cloud-based data visualization and analytics tool
openocean.fr2011Paris, France$1.82M–
Marine analytics platform for metocean data and statistics is delivered.
resoptima.com2010Oslo, Norway––
Reservoir modeling software is developed using machine learning algorithms.
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Detailed competitors of Ikon Science

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Web traffic of Ikon Science

The website of Ikon Science (ikonscience.com) receives about 7.6K visits a month.

  • Monthly visits
    7.6K

    ▲ 29.5% vs previous month

Similar websites

Websites whose visitors overlap most with Ikon Science. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gravity.uni-kiel.de
gravity.uni-kiel.de
100%
–––
e-seis.com
e-seis.com
85%
–#11,796,495–
intrepid-geophysics.com
84%
––View details
igcworld.com
igcworld.com
81%
–––
petroseikon.com
petroseikon.com
81%
–#8,490,885–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 20 similar websites and full traffic analytics for Ikon Science

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Top companies in Oil & Gas Technology Solutions

10 companies that operate in the same segment as Ikon Science (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based software for manufacturing process optimization is offered.
1981Bedford, United StatesUSD 100 MUSD 5.21 M64
Cloud infrastructure and AI-optimized data centers are provided.
2018Denver, Colorado, United StatesUSD 6.67 B–1,820
Provider of AI-driven ROVs and services for inspection of ships
2015Bristol, England, United KingdomUSD 38.48 M––
AI-based software for production data analysis and collaboration is provided.
2016Lysaker, Akershus, NorwayUSD 225 MUSD 82.56 M931
AI-driven urban datasets and analysis tools are offered by Urbint.
2015New York, New York, United StatesUSD 130.08 M––
Satellite imagery and geospatial analytics are utilized for water monitoring.
2012Didcot, Oxfordshire, United KingdomUSD 17.11 M–46
Cloud-based platform for oilfield management in energy sector.
1998Houston, Texas, United States––305
Cloud-based platform for operational simulation and predictive analytics is offered.
2010Lausanne, Vaud, SwitzerlandUSD 28.7 M––
Methane and VOC emissions are monitored via industrial IoT platforms.
2015Cambridge, Massachusetts, United StatesUSD 34.71 M––
Contractors and suppliers are managed via an online platform.
2001Dallas, Texas, United States–––
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Related news about Ikon Science

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Frequently Asked Questions about Ikon Science

Ikon Science was founded in 2001.

Ikon Science is headquartered in Twickenham, United Kingdom.

Mark Bashforth is the current CEO of Ikon Science.

Ikon Science has 126 employees.

Annual revenue of Ikon Science is $23.47M as on Mar 31, 2021.

ikon Science provides software suite to oil gas companies for number-intensive calculations and predictions in exploration, drilling, and reservoir estimations and reservoir modeling. Claims that the software can be used by both offshore and onshore companies for regular and heavy oil and purposes like reservoir optimization. Provides modules for technical usages like Geo pressure analysis, chemical composition analysis, multi-well analysis and others.

Ikon Science's top competitors include Process Systems Enterprise, FEI Company and WellDog.

Ikon Science offers RokDoc, Curate, and Well Surveillance.

Ikon Science has made 2 acquisitions, including JRS Petroleum Research, and Perigon Solutions.

Ikon Science has 1 investor. Key investors include Great Hill Partners.

Ikon Science operates through Ikon Science Limited.

Yes. Ikon Science was acquired by Great Hill Partners in October 2018.

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