Ikon Science

Ikon Science

Rock stars

Ikon Science is the self-proclaimed “present and future of geoprediction”. It develops innovative technologies in collaboration with its clients and with leading global universities and research centres. It builds these technologies into commercial software solutions on its RokDoc platform, which helps geologists and engineers understand and predict the properties and behaviour of rocks and hydrocarbon fluids in the Earth’s subsurface. This enables Ikon’s clients – the world’s oil and gas exploration and production companies – to target and drill profitable and safe wells. Led by Founder and CEO Martyn Millwood Hargrave, Ikon prides itself on its tight customer focus, ensuring its developments are relevant to the challenges its clients face. Its world-class team includes people from 30 countries and who speak 35 languages.

  • Founder and CEO Martyn Millwood Hargrave plans to increase the company’s headcount by 50%

According to Martyn, Ikon’s people have helped this small, growing company grab the attention of the world’s large oil companies through perseverance, focus and innovative products. Over the next five years, he plans to increase the company’s headcount by 50% – the result of growth in terms of market visibility, new clients, a larger product footprint and an expanded geographic reach.

With the price of oil having dropped by 50% in the second half of 2014, Ikon’s clients are searching for more cost-efficient and safer exploration and production practices and technologies. Ikon’s focus on innovation, its advanced tools and its expertise, position it well to increase oil recovery in shale oil and conventional oil fields, help reduce capital costs and create value and competitiveness for its clients.