It is about Science and People
WHAT WE OFFER
We have started out in Norway and are finalising the last piece of the Norwegian Continental Shelf that we have not yet covered, integrating seismic data and well data in comprehensive regional studies, using the latest technology for the integration. An example from the APA2019 licence round covering what we think cover the most attractive part of Norway is shown below with open acreage highlighted in orange. Licences in this area will be awarded in mid January 2020.
The studies are continuously updated, and making the full studies, or part of these, available to clients enables them to move fast through tailormade solutions, from Integrated Regional Studies, Leads and Matured Prospects to Licence Work Programs and other services.
Our comprehensive regional studies and detailed geological insights based on the integration of multiple disciplines enable our clients to move fast and accelerate decision making based on high quality work.
Through our Strategic Collaboration Partners, we are also able to offer ready made Regional Petroleum System Models with a level of detail that makes it available to use on Prospect Level, Velocity Models for Depth Conversion and Regional Geopressure Studies.
OUR WAY OF WORKING
By working as an integrated exploration team, potentially in the clients own organisation, and by efficiently collaborating with selected specialist service providers, we strive to accelerate decision making capabilities, challenge existing truths and identify new opportunities within exploration for oil and gas.
Through our comprehensive regional studies that we make available for purchase for clients, we are building our own regional insights enabling us to help clients move fast when needed. More information about why we are building our business on regional studies is available through this link.
An overview of the regions we currently cover is shown below, and you can explore our product range to help you accelerate exploration in the ExploCrowd Webshop.
THE EXPLOcrowd PEOPLE
With a strong culture based on our company values Trust, Integrity and Transparency, which you can learn more about in our blog, we do our best to facilitate efficient collaboration between 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 // Founder
Fractured Reservoirs Specialist
Exploration Advisor // Sedimentologist
Geophysics Advisor // Independent Consultant
Our Associated specialists
With our investors in the team, we have the relevant competence available for building a sustainable business. And since as little as 1% of investors are women in Norway, we are proud to have a healthy diversity in our Investor Team as well.
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.
We are honoured to have teamed up with Jenny Omma and her crew of QEMSCAN petrography experts in Rocktype.
Over the years, they have created an automated laboratory that is extremely efficient in processing their QEMSCAN samples and interpreting analyses, thereby enabling integration of Digital Petrography in prospect evaluation and maturation.
Integrating this type of datasets in regional studies, internationally, will open up new possibilities, as we enter the next phase of exploration.
Our offices are located in the fine Business Center Stavanger downtown.
Feel free to stop by for an excellent cup of coffee to catch up on the regional studies, prospects and other exciting projects that we are working on, or use the opportunity to send us a request, using this contact form which can be accessed via this button: