Glex AS announced a new collaboration with Logicom E&P Ltd. The first goal of the collaboration is to integrate the Glex Energy prospect inventory with the REP evaluation tool. Initially, users will be able to create and store their analysed prospects from REP in the Glex Energy inventory and easily go back and out between the two applications. This functionality will already be available in the upcoming patch release of Glex Energy.

The next goal is to leverage the integration, filtering, analysis and visualization capabilities of Glex Energy, which consolidates data from a wide variety of sources, to facilitate the definition of geological input data to be used in new REP evaluations. In the future, the collaboration intends to develop a new set of portfolio evaluation tools to analyse suites of prospects together, to better understand the potential and uncertainty in basins, areas, portfolios, plays etc.