What Pangea does

Pangea JSC (АО «Пангея») is a Russian geological software and geophysical services company, headquartered in Moscow with regional offices in Tyumen (West Siberia), Krasnoyarsk (East Siberia), and a functionally managed field base in Astrakhan. The company provides full-cycle exploration services — from 2D and 3D seismic field surveys through data processing and interpretation to geological modeling and reserves estimation — to enterprise clients in the oil, gas, and mining sectors, primarily across key Russian producing regions. Its primary customer segment is oil and gas exploration and production companies, with secondary segments in mining and ore, emerging-energy (deep oil, natural hydrogen, CO2 storage), and junior exploration firms accessed through the АЮГК partnership.

The company's technological core is the PANGEA System, an integrated client-server platform registered with Rospatent (certificate No. 990803, 1999) and listed in the Unified Register of Russian Programs (No. 3036). It comprises four primary software packages — ReView (seismic interpreter workstation), Certainty (multi-attribute analysis and reliability mapping), PetroExpert (well logging and core interpretation), and PROspect (the PRO method of parametric unfolding of mappings, developed since 1976 as an alternative to CDP) — plus four add-on modules: AURA (geochemical modeling), MDM (machine vision for digitizing geologic maps), ECHO (hydrogeological modeling), and ARP-Detector (AI for predicting anomalous reservoir pressures). The platform supports Windows and Linux clients, is certified compatible with Astra Linux, and interoperates with leading global geophysics software from Schlumberger (Petrel) and CGG (HampsonRussell, Jason). Data processing runs on an in-house high-performance computing center.

Pangea generates revenue primarily through professional services — field seismic surveys, processing and interpretation, and geological modeling — supplemented by software licensing of the PANGEA ecosystem. Pricing is custom and quote-based for enterprise clients, with multi-year contracts. Go-to-market is direct enterprise field sales supported by a regional office network, scientific publications, and strategic partnerships with the Astrakhan Geophysical Expedition (АГЭ), the Association of Junior Exploration Companies (АЮГК), leading Russian educational institutions, and global software vendors. The company participates in the Russian Ministry of Industry and Trade import substitution program, positioning it as a domestic alternative in tenders where state-linked enterprises mandate Russian-developed software stacks.

Name

Pangea

Legal name

AO «Pangea»

Website

https://pangea.ru

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Pangea JSC is a Russian geological software and geophysical services company delivering full-cycle exploration — 2D/3D seismic surveys, data processing and interpretation, geological modeling, and reserves estimation — to oil, gas, and mining enterprises using its proprietary PANGEA System platform.

Ownership category

akta.pro rank

Product category

Geophysical Exploration Services

NAICS

Geophysical Surveying and Mapping Services (541360), Support Activities for Oil and Gas Operations (213112), Support Activities for Mining (2131)

SIC

Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Seismic & Geoscience Services (Acquisition, Processing, Interpretation) (EUALABAK)

akta.pro secondary industries

Exploration, Appraisal & Subsurface (Seismic, Geology, Reservoir Characterization) (EUAAAAAH), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Geophysical exploration services
• Seismic data processing
• Geological modeling software
• Oil and gas exploration
• Reservoir interpretation software

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Geophysical field survey services: Performance of 2D and 3D seismic surveys using both large technically equipped parties and light mobile teams. The company conducts field seismic exploration work across key producing regions of Russia and internationally.
2. Seismic data processing and interpretation services: Processing and interpretation of seismic data using both external leading software (Schlumberger, CGG) and proprietary software, applied to unique methodologies and adapted for non-standard research conditions.
3. Software licensing — PANGEA System: Licensing of proprietary software products (ReView, Certainty, PetroExpert, PROspect) and integrated ecosystem products (AURA, MDM, ECHO, ARP-Detector). The PANGEA System is registered in the Unified Register of Russian Programs for Electronic Computers and Databases (No. 3036) and participates in the import substitution program of the Russian Ministry of Industry and Trade.
4. Geological modeling and reserves estimation services: Building geological models of deposits enabling accurate and rapid evaluation of reserves, including economic evaluation of deposits based on high-precision modeling data.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Pangea performs the full cycle of geological and geophysical exploration for oil, gas, and mining clients — from conducting 2D and 3D field seismic surveys through seismic data processing and interpretation to geological modeling and reserves estimation. The company supports these services with its proprietary PANGEA® System, an integrated client-server software platform for building geological and geophysical models of oil and gas fields, including sub-packages such as ReView, Certainty, PetroExpert, and PROspect.

Product overview

Pangea JSC (АО «ПАНГЕЯ») offers the Система ПАНГЕЯ® (PANGEA System), a Russian integrated computer platform for building geological and geophysical models of oil and gas fields, developed since 1976 and officially registered in 1999. The system uses a client-server architecture enabling simultaneous multi-specialist work. The core platform consists of four main software packages: ReView (seismic interpreter workstation for multidimensional interpretation of seismic and well logging data), Certainty (geologist workstation for multi-attribute analysis of cartographic and drilling data), PetroExpert (petrophysicist workstation for GWS and core data interpretation), and PROspect (seismic processor workstation implementing the Parametric Unfolding of Mappings method as an alternative to CDP). Additional ecosystem modules integrated with the core system include AURA (geochemical modeling and classification), MDM (machine vision for digitizing geologic maps), ECHO (hydrogeological modeling), and ARP-Detector (AI for predicting anomalous reservoir pressures). The company performs full-cycle geological exploration — from field seismic surveys (2D/3D) to reserves estimation and geological modeling — using both proprietary and external software (Schlumberger, CGG).

Differentiator

Problem solved

Functional benefit

Brands

• ReView: Software package for complex multidimensional interpretation of seismic and GWS data, serving as workstation for seismic interpreters.
• Certainty
• PetroExpert
• PROspect
• AURA
• MDM
• ECHO
• ARP-Detector

Products and services

• PANGEA System (Система ПАНГЕЯ®) Integrated Russian computer system for building geological and geophysical models of oil and gas fields, with a client-server architecture supporting simultaneous multi-specialist work and Windows/Linux client platforms. Registered Rospatent trademark.
• ReView
• Certainty System for complex interpretation of cartographic (seismic and non-seismic) information and drilling data via multi-attribute analysis, providing area zoning based on cluster analysis, forecasting of structural surfaces and reservoir properties, and forecast reliability maps.
• PetroExpert Petrophysicist-interpreter workstation for complex interpretation of well logging data and core studies, supporting multi-well data loading, core analysis, correlation schemes, calculation parameter determination, and mass export of results.
• PROspect Seismic data processing system implementing the Method of Parametric Unfolding of Mappings (PRO method) for solving the inverse diffraction problem in kinematic and partially dynamic terms, applicable to complex objects both onshore and offshore.
• Field Seismic Survey Services Performance of 2D and 3D seismic surveys using both large technically equipped parties and light mobile teams, delivered directly to enterprise clients across key producing regions of Russia and internationally.
• Seismic Data Processing and Interpretation Services Processing and interpretation of seismic data using both proprietary PANGEA software and leading external products (Schlumberger, CGG), adapted for non-standard research conditions.
• Geological Modeling and Reserves Estimation Services Building geological models of deposits enabling accurate and rapid evaluation of reserves, including economic evaluation of deposits based on high-precision modeling data.
• Ore Geology and Geophysics Services Ore deposit geological, geophysical, and geochemical studies including 3D seismic adapted for ore deposits and specialized interpretation using Certainty software.
• Geophysical Method Integration Services Integration of geophysical methods enabling simultaneous use of all informative geophysical data for predicting reservoir properties and improving the accuracy of geological models.

Quantifiable outcome

• Significantly reduced logistical costs through wireless ultralight nodal seismic systems in rugged terrain
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature11 records

Partnerships

Three partnerships are on record, tiered core, flagship and minor.

• Astrakhan Geophysical Expedition (AO «АГЭ»)coreStrategic or Co-development PartnerAO «АГЭ» is a strategic partner of Pangea with tremendous experience in field exploration. Their digital and hard archives of research results provide a solid foundation for joint software product development. Pangea and AGЭ deepen mutual integration in: (1) processing and interpretation of field work results using the PANGEA System; (2) development and support of software development projects; (3) training of young specialists in basic geophysical methods and work with software products.
• Association of Junior Exploration Companies (Ассоциация юниорных геологоразведочных компаний, АЮГК)flagshipStrategic or Co-development PartnerPangea and АЮГК jointly implement the 'ЮГ' project opening new perspectives for geological study of the Astrakhan-Kalmyk Caspian region. Research results indicate extensive oil and gas potential in above-salt deposits. More than 40 objects have been identified and prepared for licensing in Astrakhan region and Kalmykia. The partnership targets private investment in geological exploration.
• Leading Russian Educational InstitutionsminorStrategic or Co-development PartnerIn partnership with leading Russian educational institutions, Pangea provides education, training, and internships for students and young specialists in geophysical methods and software products, contributing to talent development for the industry.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• SLB (Schlumberger): Global oilfield services and E&P software leader whose Petrel Geophysics platform is the most direct comparable to Pangea's ReView seismic interpreter workstation. SLB is referenced in Pangea's data as both a complementary tool user and a benchmark competitor.
• Halliburton Landmark: Halliburton's Landmark division offers SeisWorks and DecisionSpace, directly competing with Pangea's ReView and Certainty packages for seismic interpretation and multi-attribute analysis in exploration workflows.
• Emerson E&P Software (formerly Paradigm): Owner of Paradigm's Stratimagic and broader E&P software suite, referenced in Pangea's data as a direct competitor in seismic interpretation. Comparable in providing integrated interpretation environments for O&G and mining geoscientists.
• S&P Global Commodity Insights (formerly IHS Markit): Owner of the Kingdom seismic interpretation platform explicitly referenced as a competitor to Pangea's ReView package. Comparable as a broad E&P information and software incumbent.
• Fugro: Dutch geo-services company offering site characterization, geotechnical, and survey services for energy and infrastructure markets. Comparable in field-based geophysical data acquisition and subsurface characterization for both O&G and infrastructure clients.

Direct peers

• CGG (Compagnie Générale de Géophysique): French geophysical services and software firm offering HampsonRussell, Jason, PowerLog, and Geolog — products explicitly named as alternative/complementary tools to Pangea's software stack. CGG and Pangea overlap directly in seismic data processing and reservoir characterization for O&G exploration.
• ION Geophysical: US-based geophysical technology and services company offering seismic acquisition solutions, including nodal systems (similar to Pangea's wireless ultralight nodal seismic systems) and licensed data libraries used in exploration.
• TGS: Global provider of multi-client seismic data and subsurface intelligence for O&G exploration. Comparable as a geophysical data services peer serving the same exploration and reservoir characterization workflows as Pangea's seismic processing business.
• Petroleum Geo-Services (PGS): Norwegian marine geophysical company providing 3D/4D seismic surveys and processing services, directly comparable to Pangea's field seismic acquisition and processing operations across onshore and offshore exploration.

Regional players

• Rosgeo (Russian Geological Holding): Russian state-owned geological exploration holding providing field geological and geophysical services across Russia. Comparable as a domestic peer operating in the same regulatory environment, with overlapping service lines in field surveys and reserves estimation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pangea-ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pangea