2 min read

Celebrating one year of Geoactive

The 1st of July 2023 marks one year since our new owners acquired us and we became Geoactive. Derek Crombie, Managing Director, reflects on everything we've achived over the last year. 

A look back over the last year

As we commemorate our first anniversary, I look back on the last year, which has been an extraordinary journey for our company, and want to take a moment to express my heartfelt gratitude. This milestone wouldn't have been possible without the unwavering dedication and support of our incredible team, loyal customers, and valued stakeholders.

To my remarkable team, I want to extend my appreciation and thanks. Your commitment, hard work, and ingenuity have been inspiring. Through all the changes and challenges we faced as we evolved into our new business, you have knuckled down and kept the show on the road with relentless determination. Your support and belief in our vision has been the driving force behind our success.

I also want to express my sincere gratitude to our customers who have stuck with us throughout this transformative journey. Your trust, loyalty, and support have meant the world to us. We understand that change can be unsettling, and I am truly grateful for your patience and understanding as we embarked on this new chapter. Your feedback, encouragement, and continued patronage have guided us in refining our products and services.

To our stakeholders; Constellation Software, TSS and Vela, I want to convey my deepest appreciation for your absolute belief in our company. Your guidance, resources, and support have been instrumental in our growth and development. We are fortunate to have you by our side as we continue to shape the future of Geoactive.

1 year anniversary

Some statistics

Some statistics we have achieved over the year include:

  • 8 new hires
  • 2 offices opened
  • 1977 development work items completed
  • 2 major software releases
  • 14 software updates 
  • 0 hot fix releases required 
  • continuous background updates based on feedback and user experience 
  • 4 webinars hosted
  • 7 conferences attended
  • 4456 support tickets resolved
  • 92.5% of tickets resolved in just one day

Looking to the future 

Looking ahead, I am filled with excitement and optimism for what the future holds. Together, we will continue to foster a culture of collaboration, innovation, and continuous improvement. We are committed to surpassing our customer’s expectations and making a lasting impact in our industry.

As we celebrate this significant milestone, I want to reiterate my sincere gratitude to our exceptional team and our loyal customers for their trust and support. Your dedication and loyalty have been the foundation of our success, and I am truly grateful for your contributions.

Here's to a fantastic first year as Geoactive, to our bright future, and to the continued partnership and success we will achieve together. Thank you to all for being an integral part of our journey.


Author: Derek Crombie, Managing Director, Geoactive

Machine Learning in Petrophysics, Feature Selection for Machine Learning

The Importance of Feature Selection for Machine Learning in Petrophysics

When planning and building machine learning models, a question often asked is, “What features should I use as input to my model?”. 

Read More

8 min read

Case Study: How IC is helping to revitalise regional potential in the North Sea

The North Sea has a wealth of history in the exploration and production of oil and gas. It can be easy to assume that, with the number of wells,...

Read More

While i was getting my hair cut...

Most recently while getting my hair cut, I was shocked to find out that my hairdresser had no idea that our software could do well correlations. I...

Read More