RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
ILiAd Technologies
Corporate Round in 2024
ILiAD Technologies is a private firm based in Carlsbad, California, specializing in direct lithium extraction (DLE) technology. The company has developed a proprietary technology that integrates a highly selective adsorbent for lithium with continuous countercurrent bed processing. This innovative approach provides a patented solution for concentrating and treating various lithium-rich brines under diverse conditions. ILiAD Technologies aims to optimize lithium recovery while minimizing capital and operational expenses, thus reducing the environmental impact of lithium extraction processes. The firm is committed to offering a safe and efficient method for lithium separation that meets the growing demand for this critical resource.
RayGen is an Australian technology company focused on solar power and electricity storage. Its Solar Power Plant provides on-demand renewable energy by combining PV Ultra solar cogeneration with electro-thermal storage to deliver utility-scale, time-shifted power and synchronous generation. The system is designed to be located where the grid requires flexibility and can support dispatchable electricity for grid services, cogeneration, and potential green hydrogen production. RayGen manufactures high-efficiency solar modules at a 25 MWac facility in Melbourne and has deployed 1 MWac PV Ultra projects under power purchase agreements. The company employs around 30 people across engineering, manufacturing, operations and sales and has received support from government programs such as ARENA and Victoria’s New Energy Jobs Fund.
ChampionX
Acquisition in 2024
ChampionX, established in 2019 and headquartered in Sugar Land, Texas, specializes in providing technology-driven chemistry programs and value-enabling solutions to the global upstream oil and natural gas industry. The company offers a range of services, including reservoir management, onshore and offshore production support, midstream management, and water capabilities. Its key offerings comprise artificial lift services, drilling technologies, and chemical solutions tailored for onshore and offshore oil and gas production. ChampionX's engineering expertise spans the entire well lifecycle, with a particular focus on the production phase.
Geminus.AI, Inc. is a company based in Palo Alto, California, that specializes in developing artificial intelligence systems tailored for industrial processes. Founded in 1990, Geminus creates a platform designed to empower engineers and industrial operators to make rapid and informed decisions in environments characterized by high uncertainty. The company's offerings focus on self-optimized design and predictive operational intelligence, enhancing the performance and efficiency of various industrial assets, including refineries, power plants, satellites, and ships. By leveraging advanced AI applications, Geminus aims to support operators and engineering service providers in improving their operational capabilities.
Immaterial
Series A in 2023
Immaterial specializes in manufacturing super-adsorbent nanomaterials designed for efficient gas molecule separation and storage. Their innovative materials can significantly enhance gas tank capacity at constant pressure and volume, thereby reducing the costs associated with gas separation, storage, and transportation.
The Exploration Company
Series A in 2023
The Exploration Company designs, builds, and operates modular, reusable spacecraft named Nyx for use on space stations near Earth and the Moon. Nyx can be refueled in orbit and uses green propellants. The company also provides an open-source operating system for these spacecraft. By offering in-space experiments on the International Space Station at a minimum price, it aims to make space exploration more accessible and enable new players to participate in the space exploration race.
Gyrodata
Acquisition in 2022
Gyrodata is a service provider that specializes in addressing the challenges associated with drilling in the oil and gas industry. The company offers technology for precision wellbore placement and investigation programs, delivering full directional drilling capabilities. Its services include logging that can function independently or in conjunction with high-accuracy gyroscopic surveys. Gyrodata's solutions enhance safety during close approach drilling activities, improve the efficiency of completion strategies, and ensure equipment reliability through optimal placement of production equipment. By providing advanced reservoir maps and models, Gyrodata assists clients in planning future wells more effectively.
Nauticus Robotics
Post in 2022
Founded in 2014 by Nicolaus Radford in Webster, Texas, Nauticus Robotics develops fully electric autonomous robotic solutions for various subsea applications. Its technology aims to streamline operations and reduce environmental impact across industries such as oil and gas, defense, offshore renewables, aquaculture, and oceanographic research.
QLM Technology
Series A in 2022
QLM Technology develops gas detection and imaging systems that use quantum sensing, including ultra-compact, high-precision quantum optical sensors and low-power tunable diode laser Lidar with infrared single-photon detection for natural gas producers, distributors, and service providers. Its technology enables remote detection and quantification of very low leak rates, allowing fast, accurate, and cost-effective identification and monitoring of leaks from well-heads to pipelines, improving safety and reducing operating costs across gas production and distribution assets. The company is based in Bristol, United Kingdom.
Nauticus Robotics
Debt Financing in 2021
Founded in 2014 by Nicolaus Radford in Webster, Texas, Nauticus Robotics develops fully electric autonomous robotic solutions for various subsea applications. Its technology aims to streamline operations and reduce environmental impact across industries such as oil and gas, defense, offshore renewables, aquaculture, and oceanographic research.
Gradiant is a provider of advanced water and wastewater treatment solutions, specializing in cleantech projects. The company employs proprietary technologies to serve various industries, including microelectronics, pharmaceuticals, food and beverage, lithium and critical minerals, and renewable energy. Gradiant's innovative approaches aim to minimize water usage and discharge for its clients, enabling them to reclaim valuable resources and convert wastewater into freshwater. Through its focus on sustainability, Gradiant supports mission-critical operations while addressing the growing challenges of water scarcity and environmental impact.
Palladyne AI specializes in advanced robotic technology, focusing on artificial intelligence and machine learning software to enhance robots' autonomy, adaptability, and efficiency. Its solutions enable robots to observe, learn, reason, and act in diverse environments across industries such as automotive, aviation, construction, defense, and manufacturing.
EnerVenue
Series A in 2021
Founded in 2020, EnerVenue specializes in developing metal-hydrogen energy storage batteries for large-scale renewable and grid applications. Its innovative technology aims to revolutionize stationary energy storage by offering durable, safe, flexible, and cost-efficient solutions.
DeepIQ offers an AI-powered no-code platform for automating industrial processes. It facilitates real-time data ingestion from diverse sources, supports contextualization of multi-modal data including time-series and geospatial data, enabling enterprises to achieve comprehensive data integration and enhanced operational efficiency.
SeekOps develops gas sensing technology and data solutions to detect, localize, and quantify natural gas emissions in the oil and gas industry. The company combines drone-based sensors with analytic tools to identify methane leaks, provide precise quantification, and support end-to-end greenhouse gas emissions reporting for energy customers and regulators. Headquartered in Austin, Texas, SeekOps was founded in 2017 and serves customers in the United States and internationally. Its technology emphasizes accurate leak detection with minimal false positives and aims to raise emissions measurement and reporting standards across environment, health, and safety domains.
Zilift
Acquisition in 2021
Zilift Limited is an oil and gas technology company based in Aberdeen, United Kingdom, with an additional location in Bakersfield, California. Founded in 2009, Zilift specializes in developing and marketing advanced magnet technologies for artificial lift applications. The company offers two primary product lines: TorqueDrive and SpeedDrive. TorqueDrive is an integrated downhole drivetrain system designed for progressing cavity pumps, improving performance and flexibility in wellbore placement while eliminating common failures associated with conventional top drive systems. SpeedDrive, on the other hand, is an innovative electrical submersible pump (ESP) that stands out as the world's only 2⁵⁄₈″ diameter ESP, enabling deployment via cable or wireline. This technology allows for effective interventions in slim bore and restricted access applications, significantly reducing lifting costs and expanding deployment options for clients. Zilift's compact, high-efficiency designs leverage permanent magnet materials to enhance power density and operational versatility in challenging environments.
GHGSat specializes in global emissions monitoring services using proprietary remote-sensing technology. It measures greenhouse gas, air quality gas, and other trace gas emissions from industrial facilities worldwide, providing actionable insights for businesses to make strategic decisions towards sustainability.
Palladyne AI
Series C in 2020
Palladyne AI specializes in advanced robotic technology, focusing on artificial intelligence and machine learning software to enhance robots' autonomy, adaptability, and efficiency. Its solutions enable robots to observe, learn, reason, and act in diverse environments across industries such as automotive, aviation, construction, defense, and manufacturing.
908 Devices
Series E in 2019
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.
GHGSat specializes in global emissions monitoring services using proprietary remote-sensing technology. It measures greenhouse gas, air quality gas, and other trace gas emissions from industrial facilities worldwide, providing actionable insights for businesses to make strategic decisions towards sustainability.
Palladyne AI
Series B in 2018
Palladyne AI specializes in advanced robotic technology, focusing on artificial intelligence and machine learning software to enhance robots' autonomy, adaptability, and efficiency. Its solutions enable robots to observe, learn, reason, and act in diverse environments across industries such as automotive, aviation, construction, defense, and manufacturing.
Virtual Materials Group
Acquisition in 2018
Virtual Materials Group is an oil and gas energy company based in Calgary that specializes in developing simulation software and technical solutions for the industry. The company offers software designed to calculate the physical and thermodynamic properties of mixtures, enabling clients to conduct dynamic simulations effectively. By providing these advanced tools, Virtual Materials Group aims to reduce software costs and enhance accessibility for companies operating within the process industries.
Nauticus Robotics
Series B in 2018
Founded in 2014 by Nicolaus Radford in Webster, Texas, Nauticus Robotics develops fully electric autonomous robotic solutions for various subsea applications. Its technology aims to streamline operations and reduce environmental impact across industries such as oil and gas, defense, offshore renewables, aquaculture, and oceanographic research.
Nantero is a technology company specializing in the development of high-density, nonvolatile random access memory (NRAM) using carbon nanotubes. Its primary product, NRAM, offers fast, stable storage for various applications such as smartphones, tablets, enterprise systems, and computers. Nantero's technology aims to enhance processing speed and energy efficiency.
BiSN
Venture Round in 2017
BiSN specializes in producing innovative metal-to-metal sealing solutions for the oil and gas industry. The company's flagship product is a revolutionary chemical reaction heater, which significantly enhances downhole sealing capabilities and opens new possibilities for well abandonment and other applications.
Peloton Technology
Series B in 2017
Peloton Technology Inc., founded in 2011 and based in Menlo Park, California, specializes in developing active safety systems for the trucking industry. The company employs radar and Dedicated Short-Range Communications (DSRC) technology to facilitate vehicle-to-vehicle communication between pairs of trucks. This innovative system enhances safety by linking active safety features, while allowing drivers to maintain full control of steering. The technology manages acceleration and braking, akin to adaptive cruise control, significantly reducing collision-related expenses and improving fuel efficiency. On-road testing has demonstrated that trucks operating in this platooning system can achieve average fuel savings of over 7%, benefiting both the leading and trailing vehicles by minimizing aerodynamic drag. Peloton Technology aims to address critical challenges faced by modern trucking fleets, including safety and operational costs.
908 Devices
Series D in 2017
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.
Peak Well Systems
Acquisition in 2017
Peak Well Systems Pty Ltd. is a manufacturer specializing in the design and production of advanced downhole tools for well intervention. Established in 2002 and headquartered in Perth, Australia, the company offers a comprehensive range of products, including flow control systems, well intervention toolstring systems, and hydraulic hold-open tools. These tools are utilized for various applications such as well barrier and isolation, well integrity remediation, data acquisition, and enhancing well performance. Peak Well Systems serves clients across Australia, Southeast Asia, the United Kingdom, and the Middle East, supported by technical sales offices and distribution facilities in key locations. The company's expertise and innovative solutions have positioned it as a preferred provider for operators and service companies globally.
Palladyne AI
Series A in 2017
Palladyne AI specializes in advanced robotic technology, focusing on artificial intelligence and machine learning software to enhance robots' autonomy, adaptability, and efficiency. Its solutions enable robots to observe, learn, reason, and act in diverse environments across industries such as automotive, aviation, construction, defense, and manufacturing.
Kite Power Systems
Venture Round in 2016
Kite Power Systems, founded in 2011 in Burnham-on-Crouch, Essex, UK, is focused on developing innovative technology to harness wind energy through a twin-kite system. This system is designed to be reliable and efficient, aiming to deliver clean, low-cost energy at a utility scale while utilizing 85 percent less material than traditional wind turbines. The company's approach allows for deployment in areas where conventional wind energy solutions may not be viable, thereby broadening access to renewable energy sources. Kite Power Systems has been engaged in continuous testing and development of its technology and has received support from the UK Department of Energy and Climate Change Energy Entrepreneurs Fund, as well as various private sector investors. The company’s mission is to reduce dependency on fossil fuels and mitigate climate change by providing an economical alternative to existing wind energy solutions.
Alphabet Energy
Series C in 2016
Alphabet Energy, Inc. is a company that specializes in waste heat recovery technology, transforming waste heat into electricity. Founded in 2009 and headquartered in Hayward, California, with an additional office in Houston, Texas, the company offers a range of products, including power generating combustors, thermoelectric devices, and exhaust heat recovery generators designed for various applications. Their innovative thermoelectric approach, developed from research at the Lawrence Berkeley National Laboratory, allows for large-scale production at low cost using sustainable materials. Alphabet Energy's solutions cater to diverse industries such as automotive, oil and gas, manufacturing, and defense, enabling customers to enhance fuel efficiency and generate electrical power from waste heat sources.
Parsable, Inc. is a technology company based in San Francisco, California, specializing in workflow management solutions for industrial sectors, including consumer packaged goods, manufacturing, and energy. The company offers the Parsable Connected Worker Platform, which transforms static, paper-based procedures into mobile and interactive work instructions. This platform allows industrial workers to utilize multimedia formats and collaborate in real-time, improving productivity, quality, and safety. Additionally, Parsable's solutions facilitate the collection of operational data, enabling organizations to gain insights into human work activities and enhance efficiency through data analysis, change tracking, and process training. Founded in 2013 and originally known as Wearable Intelligence, Inc., Parsable has expanded its presence with offices in Austin, Texas; Vancouver, Canada; and Kildare, Ireland.
Omron Oilfield and Marine
Acquisition in 2016
Omron Oilfield and Marine, Inc. designs, manufactures, sells, and provides aftermarket services for automated drive and control systems, power houses, and drillers’ cabins. The company offers drilling automation control systems, customizable driller’s cabins, and specialized power systems. It also provides training for land rig personnel covering the basics of operating, troubleshooting, and servicing Schlumberger drilling products.
Saltel Industries
Acquisition in 2016
Saltel Industries SAS specializes in the development, manufacture, and sale of inflatable packers and expandable steel solutions for the oil and gas industry. Founded in 2004 and based in Bruz, France, the company offers a variety of products, including expandable steel patches designed for various environments, such as standard, high temperature, and customized applications. Its product line also features expandable steel packers, notably the FracPacker for shale fracturing, as well as external casing packers and annular zonal isolation packers aimed at ensuring well integrity. In addition, Saltel Industries provides inflatable packers for formation evaluation, expansion tools, and pressure testing. The company caters to drilling, well construction, and maintenance needs, and operates internationally with subsidiaries in Canada, Texas, Australia, Argentina, and Romania.
GHGSat specializes in global emissions monitoring services using proprietary remote-sensing technology. It measures greenhouse gas, air quality gas, and other trace gas emissions from industrial facilities worldwide, providing actionable insights for businesses to make strategic decisions towards sustainability.
Meta Downhole
Acquisition in 2016
Meta Downhole Ltd. is a provider of downhole isolation solutions for the oil and gas industry, serving clients worldwide, including regions in the Middle East, Asia, and the United States. The company specializes in a range of services throughout the lifecycle of a well, including architecture, drilling, completion, production, and decommissioning. Key offerings include the Meta Liner Tieback, an axial load-bearing connection system that ensures a durable metal-to-metal seal between liners and casing, and the Meta Casing Reconnect, which enables the replacement of damaged casing to avoid costly operational delays. Additionally, Meta Downhole provides zonal isolation solutions, permanent and frac MorphPackers, and the Meta Internal Clad, designed for the installation of identical clads without reducing internal diameter. Established in 1990 and headquartered in Aberdeen, UK, Meta Downhole was formerly known as READ Well Services Ltd. and rebranded in 2012. The company operates additional offices in the Middle East, the Far East, and the United States.
Asset Development & Improvement
Acquisition in 2016
Asset Development and Improvement Ltd. is a consultancy based in Aberdeen, United Kingdom, specializing in providing support to the oil and gas industry throughout various lifecycle stages. Founded in 2006, the company offers a range of services including due diligence during acquisition and divestiture, conceptual engineering, opportunity framing, project management, and operational excellence. Its expertise extends from exploration and appraisal phases to development, production operations, and decommissioning. The firm emphasizes improving operational efficiency and ensuring process safety, while also providing specialized software and systems to enhance client outcomes. As of March 31, 2016, the company operates as a subsidiary of Schlumberger Limited.
Fluid Inclusion Technologies
Acquisition in 2015
Fluid Inclusion Technologies is a service company in the petroleum industry that specializes in analyzing trapped fluid samples and borehole gases. It provides laboratory services focused on the chemical evaluation of micron-sized fluid inclusions in rock material, as well as the analysis of volatiles entrained in drilling fluids, commonly referred to as mud gas. Utilizing advanced techniques such as direct quadrupole mass spectrometry, the company delivers critical insights that aid in the exploration and evaluation of oil and gas reserves.
T&T Engineering Services
Acquisition in 2015
T&T Engineering Services, Inc., established in 1997 and headquartered in Tomball, Texas, operates as a subsidiary of Schlumberger Limited. The company specializes in providing design and engineering services, along with turnkey product supply, primarily to the petroleum exploration and production services industry. T&T is ISO 9001:2008 certified by DNV, ensuring high-quality standards. They assist drilling contractors and oil companies in enhancing operational efficiency, productivity, safety, and reliability through innovative solutions such as fast-moving rig designs. The company's expertise includes turnkey product design and engineering, third-party reviews, root cause failure analysis, and other specialized engineering services for the drilling and energy industries in the United States.
Onapsis specializes in securing business-critical applications and infrastructure. It offers the Onapsis Security Platform, a SAP-certified solution combining preventative, behavioral-based, and context-aware approaches to detect and mitigate security risks. The company serves Global 2000 customers across various industries, including retailers, energy firms, and manufacturers.
Novatek
Acquisition in 2015
Novatek is a research company founded in 1955 and headquartered in Provo, Utah, dedicated to developing innovative solutions to address significant global challenges. The company focuses on creating game-changing technologies that target issues such as energy shortages and inefficiencies in transportation infrastructure. Guided by the belief that technology and innovation can lead to a cleaner and more sustainable planet, Novatek employs Edison's system of innovation to tackle a wide range of problems. Its commitment to addressing these global-scale issues positions Novatek as a pioneer in modern technology solutions.
Cameron
Acquisition in 2015
Cameron International Corp. specializes in the design, manufacture, and service of equipment for the oil and gas industry, as well as industrial manufacturing sectors. The company offers a comprehensive range of flow equipment products, including systems related to flow control, drilling, subsea operations, surface and process systems, as well as both reciprocating and centrifugal compression. Additionally, Cameron provides valves, valve automation, measurement solutions, and valve management services, catering to the needs of clients in oil, gas, and process industries worldwide.
908 Devices
Series C in 2015
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.
Rock Deformation Research
Acquisition in 2014
Rock Deformation Research is a spin out company from the University of Leeds. The group is led by Professor Rob Knipe, and is based on knowledge transfer and application of research developed over a 20 year period. We have a Leeds based staff of 22, as well as a US office based in Dallas. Our philosophy has been to conduct high quality consultancy and research to fully utilise the expansive data sets routinely collected by industry and to rapidly apply new concepts to reduce uncertainties and risk. The group has taken a multi-disciplinary approach to the problem of fluid flow and deformation in rocks and has provided new workflows , as well as creating new databases and risk schemes for the industry, that have helped in exploration, appraisal and production of oil and gas fields and mineral deposits.
Shores Lift Solutions
Acquisition in 2013
Shores Lift Solutions is a prominent provider of artificial rod lift equipment, field services, and optimization solutions for oil and gas operators across the continental United States. The company is dedicated to simplifying the processes involved in sourcing, servicing, and optimizing rod lift systems. With strategically located operations and a team of experienced experts and service technicians, Shores Lift Solutions focuses on delivering effective and efficient artificial lift solutions, ensuring that clients achieve optimal performance from their systems.
908 Devices
Series B in 2013
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.
Gushor
Acquisition in 2013
Gushor Inc. is a petroleum geochemistry and fluid analysis company based in Alberta, Canada. It specializes in providing comprehensive geochemical, geological, and fluid property analysis, aimed at addressing production and exploration challenges in the heavy oil and oil sands sectors. The firm integrates reservoir fluid property studies with geochemical insights, applying this knowledge within a geological and engineering framework to deliver tailored solutions for its clients. Gushor's focus on practical problem-solving positions it as a key resource for companies operating in the complex landscape of heavy oil and oil sands exploration and production.
GeoKnowledge AS
Acquisition in 2012
GeoKnowledge AS was acquired by Schlumberger Limited.GeoKnowledge AS develops and markets decision support solutions.
Tula Technology
Venture Round in 2012
Founded in 2008, Tula Technology specializes in powertrain efficiency solutions. It develops Dynamic Skip Fire (DSF) cylinder deactivation systems, integrating digital signal processing with engine controls to create variable displacement engines. This enables automotive manufacturers to meet fuel efficiency and CO2 emission standards. Primarily serving the U.S., Europe, Asia, and other regions, Tula's technologies are used in over one million vehicles worldwide.
GEDCO is intensely focused on developing, selling, supporting and applying client-driven geophysical software solutions for the exploration sector.
GEDCO’s proprietary software packages include OMNI 3D®, the industry’s standard for seismic survey design and modeling, and VISTA®, one of the sector’s leading 2D/3D seismic data processing tools. Both software products are complemented by legendary support services and training programs to ensure clients’ technical needs are met effectively and promptly.
SPT Group
Acquisition in 2012
SPT Group AS develops software for multiphase flow, drilling, and reservoir simulation in Norway. It offers solutions for reservoir optimization, drilling hydraulics, well dynamics, flow assurance, process dynamics, and production and pressure management. The company’s software products include OLGA, a solution for engineering and operation of onshore and offshore multiphase production systems; MEPO, a solution to support the process of history matching in reservoir engineering; Drillbench, for engineering and follow-up of various drilling operations; and edpm, an online production and drilling support system.
SPT Group
Acquisition in 2012
SPT Group AS develops software for multiphase flow, drilling, and reservoir simulation in Norway. It offers solutions for reservoir optimization, drilling hydraulics, well dynamics, flow assurance, process dynamics, and production and pressure management. The company’s software products include OLGA, a solution for engineering and operation of onshore and offshore multiphase production systems; MEPO, a solution to support the process of history matching in reservoir engineering; Drillbench, for engineering and follow-up of various drilling operations; and edpm, an online production and drilling support system.
ThruBit
Acquisition in 2011
ThruBit LLC designs and manufactures logging deployment systems. It provides openhole logging services; and logging solutions based on a unique through the bit deployment technique. The company was incorporated in 2004 and is based in Houston, Texas.
Contour Energy
Series C in 2011
Contour Energy is a company of portable power that commercializes customizable battery technologies for a wide range of cross-industry applications. It designs its next-generation battery systems to deliver unprecedented improvements in energy and power density, and are capable of performing in extreme operating conditions at significantly improved costs. Founded through the collaboration of Caltech and CNRS, the French National Center for Scientific Research, It combines expertise in nano-materials science, patented fluorine-based battery chemistries and manufacturing processes to significantly advance the state of portable power. With its headquarters in Azusa in California, a team of battery industry leaders from Caltech, Energizer, General Electric, Hewlett-Packard, Sanyo and Valence Technologies manages it. Private entrepreneurs hold it.
Liquid Robotics
Series D in 2011
Founded in 2007, Liquid Robotics specializes in developing autonomous ocean robots for real-time data collection. Its flagship product, the Wave Glider, harnesses wave energy for propulsion and communicates subsea data to satellites and land. The company serves defense, maritime, environmental, and oil & gas industries, offering mission planning and operation services. Headquartered in Sunnyvale, California.
Samplify Systems
Series B in 2011
Samplify Systems, Inc. is a Silicon Valley fabless semiconductor company that combines high-performance analog with sophisticated digital processing to deliver a new class of intelligent data converters. Samplify provides the only real-time compression algorithm for high speed sampled data systems. Now, with the introduction of the SAM1600 family of Analog-to-Digital Converters (ADC), Samplify provides the world’s only true 16-channel, 12-bit, 65 Msample/sec ADC ICs with integrated data compression technology.
Samplify Systems, Inc. was founded in 2006 and is based in Santa Clara, California.
Smith International
Acquisition in 2010
Smith manufactures products and provides services for drilling, completion, and production phases of oil and natural gas exploration and development activities. The company operates in two segments: Smith Oilfield and Distribution. The Smith Oilfield segment offers products and services used in oil and natural gas development activities. It designs, manufactures, and markets drill bits and borehole enlargement tools; supplies drilling tools and services that include directional drilling systems, measurement-while-drilling and logging-while-drilling services.
GeothermEx
Acquisition in 2010
GeothermEx is a leading geothermal resource consulting and services firm based in Richmond, California, recognized as the most comprehensive of its kind in the Western Hemisphere. With nearly 40 years of experience, the company specializes in the critical evaluation and development of geothermal fields, addressing the inherent risks associated with geothermal resources. Its team of geoscientists and engineers has successfully tackled resource-related challenges in more than 50 countries, providing clients with expert insights and solutions. GeothermEx offers a wide range of services, including exploration consultancy, drilling engineering and management, well testing, resource assessment, numerical reservoir simulation, enhanced geothermal systems, risk analysis, due diligence, and technology transfer. The firm has built a diverse client base, reinforcing its reputation for quality, efficiency, and results in the geothermal industry.
IGEOSS
Acquisition in 2010
IGEOSS provides geomechanical tools and consulting services to develop 3D geological structure interpretations and to model natural fractures and faults for oil and gas, environment, health, and academic and research organizations.
GeoServices
Acquisition in 2010
Geoservices S.A. is an oilfield services company headquartered in Le Blanc Mesnil, France, founded in 1958. The company specializes in a range of services designed to support oil and gas exploration and production. Its offerings include mud logging, which entails monitoring drilling parameters and evaluating geological formations, and well intervention services that involve mechanical operations, data acquisition, and equipment maintenance. Additionally, Geoservices provides field surveillance services, which encompass the operation and maintenance of surface installations, equipment sales, and solutions for assessing well production rates. With a global presence, the company operates across various regions, including Southeast Asia, the Mediterranean, Latin America, the Middle East, and North America, catering primarily to oil and gas companies seeking to optimize reservoir evaluation and production efficiency.
Nexus Geosciences
Acquisition in 2010
Nexus Geosciences, Inc., a seismic software and services company, develops integrated software and solutions that provide modeling, imaging, and interpretation of 3D seismic data for oil and gas industry in the United States. The company also delivers seismic data processing, interpretive velocity modeling and analysis, pre-stack seismic interpretation, and geological and geophysical modeling services.
Contour Energy
Series B in 2010
Contour Energy is a company of portable power that commercializes customizable battery technologies for a wide range of cross-industry applications. It designs its next-generation battery systems to deliver unprecedented improvements in energy and power density, and are capable of performing in extreme operating conditions at significantly improved costs. Founded through the collaboration of Caltech and CNRS, the French National Center for Scientific Research, It combines expertise in nano-materials science, patented fluorine-based battery chemistries and manufacturing processes to significantly advance the state of portable power. With its headquarters in Azusa in California, a team of battery industry leaders from Caltech, Energizer, General Electric, Hewlett-Packard, Sanyo and Valence Technologies manages it. Private entrepreneurs hold it.
M-I SWACO
Acquisition in 2010
M-I SWACO, manufactures hydrocarbon exploration and production equipment. The company provides drilling fluid systems. It offers differential sticking, lost circulation, hole-cleaning, well control and planning, compatibility testing, and project engineering solutions. The company provides clear brine fluid systems; filtration equipment and services; and wellbore cleanout, spacer and displacement chemical systems, and vessel-cleaning technologies. It also offers premium screens, vacuum systems, cuttings reinjection and treatment, pneumatic transfer, thermal desorption, and waste management services.
Techsia
Acquisition in 2009
Techsia SA provides software products and consulting services to the oil and gas industry. It offers Techlog, an interactive multi-well petrophysical solution designed for the geological interpretation of wellbore data; Techsis, a 3D petro-seismic interpretation software for conditioning the seismic data volumes to the wellbore curves; and Malcom, which is used for quantitative analysis of GC/MS signals.
Staag Imaging
Acquisition in 2008
Staag Imaging provides depth imaging technologies for seismic data processing. It offers Full Waveform Inversion technique, which helps in building earth velocity models. The company’s services include reverse time migration and three dimensional full waveform inversion. Its products and services help customers in geological settings, deep water, sub-salt, and new wide azimuth acquisition. Staag Imaging serves various markets, including geological and oil/gas.
Extreme Engineering
Acquisition in 2008
Extreme Engineering, Ltd. specializes in the development, engineering, and manufacturing of advanced measurement while drilling (MWD) technologies. The company produces both mud pulse and electromagnetic telemetry systems, which are integral for various drilling applications, providing essential information such as inclination, azimuth, full MWD, gamma-ray logging, and bore pressure during drilling operations. Additionally, Extreme Engineering offers solutions like XHOP, which integrates rotary steerable systems with MWD for real-time monitoring of drilling parameters, and DynamX, a sensor package designed to monitor shock and rotational speed. These innovations enhance the versatility and reliability of drilling fleets, catering to the needs of the global drilling industry.
IES Integrated Exploration Systems
Acquisition in 2008
IES Integrated Exploration Systems GmbH is a provider of specialized software and services for the oil and gas industry. It offers The PetroMod Software System, which includes tools for 1D, 2D, and 3D petroleum systems modeling. These tools enable users to simulate salt movement, thrust modeling, petroleum migration, and perform volumetric assessments, helping oil and gas companies estimate undiscovered hydrocarbons and mitigate exploration risks.
Saxon Energy Services
Acquisition in 2008
Saxon Energy Services is a provider of land drilling and well construction services, specializing in oil drilling and well maintenance. The company offers a range of services, including drilling, well completion, and workover services, catering to the needs of oil and gas companies across North and South America. With a focus on delivering reliable and efficient solutions, Saxon Energy Services plays a significant role in supporting the energy sector in these regions.
Eastern Echo Holding
Acquisition in 2007
Eastern Echo Holding Plc operates as a marine geophysical company specializing in the acquisition of 3D seismic data for the management of marine and seismic operations.
PetroMarker
Funding Round in 2007
PetroMarker AS is a marine electromagnetic service provider focused on the oil and gas industry. The company specializes in conducting feasibility studies ahead of offshore investigations and is involved in the planning and configuration of offshore surveys. PetroMarker offers services that encompass data acquisition, processing, and interpretation, enabling oil companies to effectively conduct offshore research and make informed drilling decisions. Through its comprehensive approach, PetroMarker plays a crucial role in supporting the exploration and development of marine oil and gas resources.
Water Management Consultants
Acquisition in 2007
Water Management Consultants, Ltd. (WMC) provides development, management, and environmental protection services of water resources. The company offers water resources planning and engineering, geochemistry and geology, numerical modeling, hydrogeology and hydrology, and feasibility studies technical solutions.
InnerLogix
Acquisition in 2007
InnerLogix, Inc. provides data integration and quality improvement solutions for the upstream oil and gas industry. It offers QCPro, a suite of tools that includes QCLogix, a calculation engine that measures the quality of data; ILXAdmin, which administers configuration settings; RulesEditor, which is used for defining assessment and correction rules; and QCSync, a correction engine that corrects and syncs data.
CJSC Tyumenpromgeofizika
Acquisition in 2007
CJSC Tyumenpromgeofizika is a geological company that provides geological and technical research and other work at wells. The company works on the Khanty-Mansiisk and Yamal-Nenets autonomous districts, in the southern Tyumen region, Eastern Siberia and at fields near the Caspian Sea in Kazakhstan.
Geosystem
Acquisition in 2007
Geosystem Srl specializes in electromagnetic technology and seismic imaging services. The company provides a range of onshore and marine activities, including controlled-source electromagnetic (CSEM) and magnetotelluric data acquisition, processing, and interpretation. Geosystem also offers consulting services for marine CSEM surveys and marine time-domain electromagnetic data acquisition and interpretation. With expertise in the joint inversion of various geophysical measurements, including seismic, gravity, and magnetotelluric surveys, Geosystem supports geologists and organizations in effectively utilizing its advanced technology for geological exploration and analysis.
Insensys Oil & Gas
Acquisition in 2007
Insensys provides unique fiber-optic based technology for measuring structural loads to assist operators with integrity management and production optimization of operating assets. The company has two trading entities: Insensys Oil & Gas Ltd. provides integrity monitoring solutions for the offshore Subsea Umbilical Riser and Flowline (SURF) market, while Insensys Ltd. supplies products to the wind energy and aerospace sectors for structural health and control applications.
V.I.P.S
Acquisition in 2007
V.I.P.S is software and consulting company that develops earth modeling techniques to help reduce costs and improve oil recovery.
Reslink
Acquisition in 2006
Reslink Corporation, a engineering and manufacturing company, engages in the development and supply of open-hole and cased hole completion solutions to the oil and gas industry in Europe, North America, the Middle East, Africa, Pacific Asia, and internationally.
TerraTek
Acquisition in 2006
TerraTek, Inc. provides geomechanics measurement and analysis services. Its services include tight-rock analysis for unconventional reservoirs; rock mechanics testing and evaluation; wellsite and laboratory analysis of coalbed methane; drilling and completions performance testing; and core-to-log interpretation.
Odegaard
Acquisition in 2006
Odegaard develops seismic domain and data software solutions for seismic reservoir characterization.
PetroAlliance
Acquisition in 2005
PetroAlliance Services specializes in providing exploration and development services for oil and gas fields. The company offers a comprehensive range of services, including seismic analysis, wireline logging, perforating, and directional drilling. Additionally, PetroAlliance provides cementing, drilling fluids, measurement while drilling, and integrated project management. By delivering these essential services, the company supports the efficient and effective operation of oil and gas exploration and development projects.
Diamould
Acquisition in 2005
Diamould, Ltd. designs and manufactures electrical, hydraulic, and fibre optic connector systems for the hostile environments. It offers electrical instrumentation, electrical power, fibre optic instrumentation, and hydraulic control products, which are used for deepwater and high-pressure, high-temperature wellhead, and down hole applications.
VoxelVision
Acquisition in 2003
Voxelvision is a provider of cluster based visualization and interpretation technology. The Company has designed a visualization engine for a PC environment.
Sensa provides temperature monitoring products and services. The Company offers fiber optic distributed temperature sensing solutions for fire detection, power circuit temperature, and trace heat monitoring systems.
KBB Underground Technologies GmbH
Acquisition in 2001
KBB Underground Technologies GmbH, an engineering company, is engaged in planning, building, and operating underground storage facilities and brine/salt extraction facilities.
Sema PLC provides information technology services. The Company provides facilities management, standard software products and systems integration products, including consulting and outsourcing. Sema offers its products and services to defense, energy, banking, transport, telecommunications, industrial, and government sectors internationally.
Convergent Group
Acquisition in 2000
Convergent Group is a professional services firm that specializes in providing business transformation solutions tailored for utilities, local government entities, and the public sector. The company focuses on enabling clients to implement Internet-based eBusiness solutions, offering expertise in technical consulting and business process optimization. Additionally, Convergent Group delivers systems integration services that help organizations enhance their operational efficiency and adapt to the evolving technological landscape. Through its comprehensive approach, the firm assists clients in navigating the complexities of digital transformation and achieving their strategic objectives.
Operational Services
Acquisition in 2000
Operational Services is a provider of diversified consumer services.
Telweb
Acquisition in 2000
Telweb design and provides WebPayphones and networks for the telecommunication companies worldwide.
Panther Software
Acquisition in 1999
Panther Software Corp, a provider of hardware and software products and services for managing, indexing, loading and cataloging large volumes of seismic data throughout the seismic data lifecycle.
Merak Projects
Acquisition in 1999
Merak Projects is a firm focused on providing the best hospitality standards through the MICE procurement system.