Trade

Access to Diskos Trade Database​

KADME is the database operator for the Diskos Trade Database. Diskos Members can access the solution here. 

Users and functionality

While the former Diskos Trade module was used exclusively by Offshore Norge, the new system from 2015 provides functionality also to the Scouts in the oil companies. Scouts can browse for data in the Trade Database, including the Seismic and Well data stored in the Diskos database, select objects of possible interest and create trade proposals.

After evaluations and simulations performed by Offshore Norge, a trade proposal is finally created and the Scouts of all the license partners involved will be able to vote for the proposal. Also, reports can be generated by each Scout to get for example a summary of all trades they participated in.

Offshore Norge

One of the objectives of Offshore Norge is to ensure the best possible flow of data between all oil companies on the Norwegian Continental Shelf (NCS) by centralised administration of the data exchange process.

All licenses on NCS shall have a Trade Operator and an Trade Operator Agreement with the chosen Trade Operator.

In addition to administration and execution of trades, purchase and sale of well and seismic data, Offshore Norge assists customers by simulating possible trades using the specially designed Trade Module computer application. This is a significant contribution to efficiency in arranging trades, purchase and sale of well and seismic data.

Further-more, Offshore Norge can acts as a neutral party to be utilized as a negotiator during the data exchange process.

Offshore Norge operates on a non-profit principle. A system for sharing actual costs has been developed and is referred to as the Availability Fee. The Availability Fee covers Offshore Norge’s operating costs and is equal for all participating production licenses.

More information about Offshore Norge - Geodata Trade