Commencing as a partnership in 2004 and later incorporated in 2008, Frogtech Geoscience began life through acquisition of exclusive rights to trade-mark geological modelling methodologies SABRE® and SEEBASE® from SRK Consulting Pty Ltd along with key management personnel with petroleum industry skills and experience.
On acquiring SABRE® and SEEBASE®, Frogtech Geoscience gained significant market share in non-seismic geophysical exploration interpretation and consulting, effectively establishing SABRE® and SEEBASE®, as an industry standard input for regional and basin evaluation for Play Based Exploration. In simple terms, Frogtech gained industry recognition for being able to determine the shape of the container that holds economically viable petroleum resources in any given region of the earth, without the need for employing traditional high-cost seismic survey inputs.
In 2005, and on the back of delivering significant successful consulting projects to global exploration companies including Royal Dutch Shell, BP, Exxon and Saudi Aramco, Frogtech Geoscience passed a critical evolution milestone when the Australian Government, in partnership with Royal Dutch Shell commissioned Frogtech Geoscience to produce the first open publication of a SEEBASE® project covering the exclusive economic zone of Australia. Frogtech Geoscience would later go on to be commissioned by the Governments of New Zealand and the United Kingdom to produce further open source SEEBASE® products, underpinning whole of country efforts for economic investment in sovereign held petroleum resources.
Fast forward to the 2015 oil crash and a time where Frogtech Geoscience was wholly dependent on consulting revenue. The impact of the crash was felt throughout industry. Frogtech’s leadership, having experienced the historically cyclical nature of oil markets, including the 1986 and 1998 crashes, implemented a strategy to diversify Frogtech Geoscience to capitalise on the expected future market. That strategy has paid off.
In 2016 and under the leadership of a new CEO, Frogtech Geoscience rapidly diversified its market offer to include multi-client (nonexclusively licensed) products leveraging its market leading SABRE® and SEEBASE® methodologies. Diversification away from pure consulting opened many new market opportunities, importantly including access to new clients, that traditional consulting had not attracted.
Corporate Social Responsibility
We take our Corporate Social Responsibility (CSR)seriously. To find out more, download a copy of our CSR here.
Our values are: Customers, they come first in what we do; Innovation, to unlock new value; Diversity, as an essential ingredient in delivering excellence; Integrity, to drive better decisions and outcomes: we are honest, ethical and genuine; Quality, it’s our guarantee. What we do, we do well or not at all.