Passionate explorationists working together to
unlock geological value
What is ExploCrowd?
ExploCrowd is the future way to explore for oil and gas in Norway: Enabling exploration geologists to do what they are passionate about, through a framework optimized for creativity and value creation.
ExploCrowd offer access to a database of exploration prospects at the Norwegian Continental Shelf (NCS). Through the ExploCrowd Prospect Database we provide upstream companies with a comprehensive set of documentation, which enables fast and reliable decisions. Whether you are targeting the Barents Sea or other areas of the NCS we can provide Ready-to-Drill Prospects created by competent and experienced multi-disciplined explorationists.
It is time to test a different approach - and this is how we contribute to Accelerating Exploration.
The ExploCrowd Database consists of well structured peer review presentations of a prospect, with clear communicated aspects of the risk parameters, as well as level of confidence. Exploration managers will have the flexibility to select prospects from the ExploCrowd Prospect Database to match a given exploration strategy. For new operators on the NCS this is an excellent and efficient opportunity to build an exploration portfolio.
We also offer maps, studies, interpretations and databases that we use in our prospect maturation work. These are high-quality geological work, that could provide "a short-cut” for a busy exploration team fighting to reach its targets, with limited resources and time available.
ExploCrowd PROSPECT database
The ExploCrowd Prospect Database consists of Ready-to-Drill Prospects that help oil companies accelerate building their exploration portfolio, by enabling Exploration Managers to select prospects with the best fit to the company’s exploration strategy. With the current financial restraints and tough competition in the oil and gas industry, oil companies will benefit from the flexible and easy access to ExploCrowd’s library of Ready-to-Drill Prospects and associated products.
Our method is based on building prospects based on publicly available data from the Diskos database. We offer a new approach to exploration by combining expertise and in-depth knowledge with the time and flexibility for our experts to deep-dive into geological data without compromise. Our team of independent, highly competent and experienced explorationists study, condition, interpret and integrate observations from geological and geophysical data from the NCS, building Ready-to-Drill Prospects to be made available for upstream companies in the future.
Each prospect includes the integration of geologic risk assessment and volumetrics estimate based on a best technical estimate, helping upstream companies gain a better understanding of the subsurface in a specific area. The outcome is cost effective and flexible access to valuable information helping oil companies efficiently build their exploration portfolios at low risk and flexible cost.
We are also offering
As part of building the Prospect Database, we are targeting to complete regional projects covering the entire Norwegian Continental Shelft and integrating all required disciplines to form the geological framework for further exploration, especially targeting the yearly APA licensing round and bi-annual Concession Round.
We can extend our services and use of expertise internationally, as a Exploration Team working closely with the client to ensure integration and transfer of knowledge.
THE EXPLOcrowd PEOPLE
With a strong culture based on our company values Trust, Integrity and Transparency, we facilitate efficient collaboration between efficient early career talents and industry leading experts. We are consciously working to secure a diverse team, not only focusing on gender, but also culture, age, experience, ethnicity and personality type.
Explorationist // Prospect Hunter
Explorationist // Founder
Explorationist in Training
Fractured Reservoirs Specialist
Exploration Advisor // Sedimentologist
Explorationist in Training
Geophysics Advisor // Independent Consultant
Our Associated specialists
OUR STRATEGIC COLLABORATION PARTNERS
ExploCrowd are proud to present our partners, with whom we are accelerating together and creating new possibilities.
GeoTeric is a world leading cognitive interpretation software package that allows us to see the geology before we interpret it through the use of example driven workflows providing a better understanding of the reservoir heterogeneity. ExploCrowd consider the ffA GeoTeric spectral decomposition software a game changing technology that can significantly disrupt exploration on the Norwegian Continental Shelf and elsewhere.
DownUnder GeoSolutions is a geoscience company offering a products and services to the global oil and gas industry. ExploCrowd is using DUG Insight, a full-featured 2D/3D/ pre-stack visualisation and interpretation package. It includes all the necessary tools for a complete interpretation workflow, from reconnaissance to crossplotting - with a fully-integrated 3D canvas, and support for pre-stack data throughout.
The strategic collaboration with Estimages, who are frontrunners in high quality depth conversion, enables ExploCrowd to facilitate delivery of high quality products that use innovative geostatistics for accurate depth conversion.
Estimages has a collaborative mind set set to achieve extraordinary things, and we look forward to exploring the NCS together with Cédric Magneron and his team in Estimages, both on regional scale and prospect scale and for the upcoming license rounds.
PaleoScan is a software offers a highly effective way of working with semi-automated seismic interpretation of 3D data, while still offering full geological control.
The innovative workflow defines relative geological ages on large seismic volumes, these are refined by a interpreter iteractively, increasing the accuracy on each step, leading to a high quality geological model. Well property modelling and seismic attributes can be effectively mapped on these chronologically tied horizons allowing for a fast and effective screening of how to get the most out of seismic data.
It offers full geological control, thereby securing high quality and confidence in the seismic interpretation of seismic surveys.
This software will enable ExploCrowd to work even more efficiently in our Regional Studies and Prospect Maturation, through the convenient integration of the many seismic attributes available in PaleoScan.
Øgreid Eiendom is supporting ExploCrowd in its start up phase with offices, facilitating collaboration and knowledge sharing for the ExploCrowd people.
ExploCrowd is grateful for this opportunity and the valuable support fom Øgreid, which clearly have accelerated the development of the company.
Well Expertise and ExploCrowd are joining forces to explore possibilities to accelerate the process from prospect identification to actually testing the prospect with an exploration well in a cost efficient and safe manner.
Well Expertise started in late 2016 and has successfully assisted first time operators in delivering efficiently operated exploration wells at a cost below 200 million NOK in the North Sea.
After three years of the lowest worldwide level of investments in exploration in the history of the oil industry, a significant number of wells needs to be drilled to sustain the production in Norway to secure the tax income from the petroleum industry after 2022. We in ExploCrowd believe that Well Expertise with their approach and way of working could be part of the solution to the challenge and look forward to this strategic collaboration.
Xait Porter is an excellent collaboration platform, that is helping us work efficiently across country borders and time zones.
In addition, it is a good project management tool, and it is helping us delivering projects within given deadlines.
SUM Regnskap has kindly offered to assist new Prospect Hunters in establishing their new own companies at very reasonable terms and conditions, and remove as much as possible of the burden of practicalities and accounting for the ExploCrowd People. This way, the explorers saves significant amounts of time, which can instead be used on creating value while exploring.
We are deeply grateful for this collaboration with a forward thinking and modern team of accountants, helping us to be efficient.
The lawyers from Torstrup Grøsfjeld have contributed with assistance in establishing contracts, which are essential for starting up a new company and hiring people.
Their target is to assist and accelerate job creation in the Stavanger region.
Angel Challenge aim to create a stronger startup scene and help lay the stepping stones for new successful entrepreneurial stories from our community through engaging new investors and empowering more startups.
ExploCrowd have received 1.000.000 NOK through Angel Challenge from the InnovationNorway PreSeed Capital Fund.
Integrating Pressure Data and Structural Geology is paramount in establishing vital elements in the prospect risking such as fault seal capacity and column heights, and to better understand HC migration.
Through this strategic collaboration, integrated interpretations by industry leaders within geopressure and structural geology will be made available to clients, creating value.
Complete and detailed regional fault interpretations, providing insight into structural controls on overpressure distribution will be ready for further integration with existing Client Interpretations.