GeoPlayGround AS signs development agreement with Petoro AS

Petoro's Portfolio

GeoPlayGround is pleased to announce that Petoro has entered into an agreement with us, where they will both use the existing PortfolioViewer™ software, as well as doing further custom development on the product.

With a portfolio of about 200 licenses on the Norwegian continental shelf, Petoro needs a system that gives them easy access to both publicly available and internal confidential data.

About the technology
GeoPlayGround® is a technology developed for efficient integration and seamless use of sub-surface data from different disciplines. The technology has been developed over several years in close cooperation with Lundin. The focus of GeoPlayGround® technology is that all relevant data, independent of discipline, are made available for visualization, new analyses and decisions.

PortfolioViewer™ is one of several tools based on GeoPlayGround® technology. PortfolioViewer™ visualizes publicly available data, and can easily integrate the company own data for a more complete picture of its portfolio.

About Petoro AS
Petoro is a state-owned limited company which manages the SDFI (State’s Direct Financial Interest) in the Norwegian oil and gas sector. These holdings comprise a third of Norway’s oil and gas reserves and associated facilities.