Posted Thursday July 19th, 2018, 1:37 pm
Future Geoscience Ltd is a collaboration between Hafren Scientific Ltd based in Welshpool, Mid Wales and PetroStrat Ltd whose headquarters are in Conwy, North Wales. Hafren Scientific Group includes Chemostrat Ltd and Origin Analytical Ltd.
The joint venture company aims to offer unrivalled specialised geological services and products for the oil industry and reinforces Wales’ position as a global player in the sector.
Dr Tim Pearce, chief executive of Hafren Scientific Ltd, said: “PetroStrat and Chemostrat have a long history of collaboration. However, the joint venture brings together probably the largest and most experienced biostratigraphy and chemostratigraphy service companies in the world with the aim of providing comprehensive, integrated stratigraphy solutions for our clients.
“These products will be unrivalled in the industry and can be deployed throughout the oil exploration – production cycle.”
Paul Cornick, managing director of PetroStrat Ltd, said: “Both Hafren Scientific and PetroStrat have considerable in-house laboratory capability and capacity, facilitating the joint venture with a source of high quality data and interpretations on commercial timeframes, providing our clients with a unique opportunity to acquire fully integrated, data-rich geological solutions to help de-risk their operations.”
The joint venture is excellent news for the Welsh oil services sector and Hafren Scientific’s chairman Dr Carol Bell said: “The oil industry is slowly recovering and Future Geoscience combines the strengths of two world leading Welsh companies to provide a new focal point for investment, innovation and jobs. This will help reinforce Wales as a global player in the oil services sector.”
Dr Pearce thanked the Development Bank of Wales for its support of the group’s growth plans, while PetroStrat Ltd acknowledged the support of the Welsh Government’s SME Growth Fund in their long-term plans.
Chemostrat, which has 60 employees based in Welshpool and satellite centres in Houston, USA, Calgary, Canada and Perth, Australia, is the world leader in chemostratigraphy and provides high quality stratigraphic services around the globe.
The company is now at the forefront of a new revolution by creating a multi-disciplinary service matrix that incorporates a range of traditional and state-of-the-art analytical and interpretative techniques that can be tailored to tackle a wide range of geological challenges focusing on providing cost effective and workable solutions for clients.
Founded in 1994, the company’s main aim was to provide a professional, petroleum industry-orientated chemostratigraphic service. Over the past 25 years, Chemostrat has built an unrivalled understanding of analytical technology and interpretation of geochemical datasets.
Key staff have gained strong research experience in the fields of sedimentary geochemistry, modern stratigraphic methodologies and sediment provenance, allowing the company to develop a complete chemostratigraphy service from laboratory to wellsite.
Chemostrat has great experience in producing quality, integrated non-proprietary studies. These studies are on a regional to sub-regional scale, with content ranging from inorganic chemostratigraphy only, to fully integrated multi-disciplinary studies that investigate provenance, palaeogeography and sedimentology.
The company’s library currently consists of 30 non-proprietary studies covering the more traditional UKCS, Southern North Sea and Norwegian Continental Shelf, but also more frontier areas such as the Norwegian Barents Sea, the Vøring Basin, Faroe-Shetland Basin (UK), offshore Ireland, as well as the North Grand Banks area (Newfoundland).
Additional studies have been completed in the Duvernay area (Canada), Tanzanian Indian Ocean Margin and Bowland-Hodder shale.
PetroStrat Ltd is a stratigraphic consultancy that provides a comprehensive suite of integrated geological services to the oil and gas industry. The company offers full service palaeontology (micropalaeontology, nannopalaeontology and palynology) together with sedimentology/reservoir geology services, including core logging, petrography, log and image log interpretation.
With headquarters and a dedicated laboratory in Conwy and satellite offices in St. Albans and Houston (USA), the company has 50 employees and specialises in the provision of high resolution, quantitative reservoir scale studies and wellsite (real time) biostratigraphic services.
Visit the website : https://www.futuregeoscience.com/
Posted Thursday December 11th, 2014, 2:37 pm
The Board of Directors of Hafren Scientific Ltd (the ‘Company’) is pleased to announce the appointment of Dr Carol Bell as Non-Executive Chairman with effect from the 1st December 2014, Dr Bell will succeed Dr Tim Pearce (acting Chairman).
Dr Bell read Natural Sciences before starting her career in oil and gas industry and moving into investment banking where she held senior posts at JP Morgan and the Chase Manhattan Bank oil industry finance. Dr Bell also has considerable board experience serving as a Non-Executive Director in a number of companies in the oil and gas industry. She currently serves on the board of Salamander Energy plc and Petroleum Geo-Services ASA, having previously been a board member at Hardy Oil and Gas plc, Det norske oljeselskap ASA and Caracal Energy Inc. She is also a member of the Welsh Government Energy and Environment Sector Panel and serves on the board of Finance Wales.
Commenting, Dr Pearce said, ‘I am delighted that the Board has appointed Carol Bell to succeed me as Chairman. She has a distinguished track record in the oil industry and as an international businesswoman and she is the ideal person to chair the Board through our ambitious agenda.’
Dr Bell commented ‘The oil and gas industry is constantly having to develop new scientific techniques to improve the chance of finding and developing new resources around the world. I am very pleased to have the chance to work with innovative scientists, based in Wales, that are building an international reputation in this field.’
The Board of Hafren Scientific Group is saddened to announce the death of our Chairman Nicholas Bankes on the 12th April 2014.
Posted Monday May 12th, 2014, 12:06 pm
Nick was involved with the Group for over 8 years as a non-executive director and more recently as Chairman. He was a valued and respected member of our team who contributed to the company in many ways. He will be greatly missed.
On a professional level he helped the Group considerably by steering us through some challenging times and assisted in planning our next and more ambitious steps toward establishing Hafren as a global presence. In addition to his professional achievements he was always thoughtful, approachable and inclusive towards his board colleagues and our junior staff alike. Nick was an accomplished networker and had a unique ability to arrange the ‘jigsaw pieces’ of business together to form a viable strategic pathway. He also had a unique talent to put people at their ease and after an intense day he could relax and entertain staff and visitors alike with stories of the steel industry, visits to China or of characters from the City.
On a personal level he was an honourable and thoughtful man, and a good friend and confidant. On behalf of the Board and all the staff in the Group, I would like to extend our deepest sympathises to his wife Sheri and his family.
Managing Director – Hafren Scientific Group
Posted Thursday January 9th, 2014, 3:24 pm
Following a very successful year we have just released our 2013 accounts, to download a copy please click on the link.
Yn dilyn blwyddyn hynod lwyddiannus, rydym newydd ryddhau ein cyfrifon ar gyfer 2013; cliciwch ar y ddolen i lawrlwytho copi.