SLB

Schlumberger Limited is a leading global oilfield services corporation, established in 1926 and headquartered in the United States. The company operates in approximately 80 countries, employing around 80,000 individuals from 140 nationalities. Schlumberger offers a comprehensive range of products and services designed for the oil and gas industry, including seismic acquisition and processing, formation evaluation, well testing, directional drilling, cementing, stimulation, and artificial lift. Additionally, the company provides consulting services and software solutions. Schlumberger also extends its expertise to the groundwater sector, catering to similar needs within that industry.

Simon Ayat

VP and CFO

Hinda Gharbi

President

Marwan Moufarrej

President

Adesola Oyinlola

President - Schlumberger Foundation

Olivier Le Peuch

Vice President and CEO

Cecilia Prieto

Division Vice President Americas Land

R. Scott Rowe

President

Smaine Zeroug

Research Director

91 past transactions

RayGen

Series D in 2025
RayGen is an Australian technology company specializing in advanced solar power and electricity storage solutions. It offers a Solar Power Plant that provides renewable energy on demand, featuring a cost-effective, long-duration solar plus storage system. This utility-scale installation enables time-shifting energy storage and synchronous generation of high-quality power, adaptable to various grid locations. The core technologies include RayGen's proprietary PV Ultra for solar cogeneration and Thermal Hydro for electro-thermal storage. With a team of 30 professionals in engineering, manufacturing, operations, and sales, RayGen has successfully developed and sold 1MWAC PV Ultra projects supported by power purchase agreements. The company manufactures its high-efficiency solar modules at a 25MWAC facility in Melbourne and has received backing from the Australian Renewable Energy Agency and the Victorian Government’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 platform that integrates a lithium selective adsorbent with continuous countercurrent bed processing. This innovative approach enables the efficient concentration and treatment of various lithium-laden brines under differing conditions. ILiAD Technologies aims to provide its customers with a cost-effective and environmentally friendly solution for lithium recovery, minimizing both capital and operating expenses while maintaining a low carbon footprint. The company's technology is designed to enhance the safety and efficiency of lithium extraction processes.

RayGen

Series D in 2024
RayGen is an Australian technology company specializing in advanced solar power and electricity storage solutions. It offers a Solar Power Plant that provides renewable energy on demand, featuring a cost-effective, long-duration solar plus storage system. This utility-scale installation enables time-shifting energy storage and synchronous generation of high-quality power, adaptable to various grid locations. The core technologies include RayGen's proprietary PV Ultra for solar cogeneration and Thermal Hydro for electro-thermal storage. With a team of 30 professionals in engineering, manufacturing, operations, and sales, RayGen has successfully developed and sold 1MWAC PV Ultra projects supported by power purchase agreements. The company manufactures its high-efficiency solar modules at a 25MWAC facility in Melbourne and has received backing from the Australian Renewable Energy Agency and the Victorian Government’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

Series A in 2024
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 is a manufacturer and developer of highly porous nanomaterials that significantly enhance the storage and separation of gas molecules. The company's super-adsorbent materials can be integrated into gas tanks, allowing for increased storage capacity without altering pressure or volume. This innovation enables gas companies to reduce costs associated with the separation, storage, and transportation of gas, providing a more efficient solution in the energy sector.

The Exploration Company

Series A in 2023
The Exploration Company specializes in the development, manufacturing, and operation of modular and reusable spacecraft known as Nyx, which are intended for use in orbit around Earth and the Moon. These vehicles are designed to be refueled in space and incorporate environmentally friendly propellants. By offering an open-source operating system for Nyx, the company aims to democratize space exploration, making it more accessible to new entrants in the field. The Exploration Company focuses on providing cost-effective solutions for in-space experiments, allowing participants to engage in space exploration at a fraction of the cost associated with traditional platforms like the International Space Station.

Gyrodata

Acquisition in 2022
Gyrodata is a service provider that addresses challenges in drilling within the oil and gas industry. The company specializes in precision wellbore placement and offers comprehensive directional drilling services, which include advanced logging capabilities. Gyrodata's technology features high-accuracy gyroscopic surveys that can operate independently or alongside other services, enhancing safety during close approach drilling activities. Additionally, the company focuses on improving the efficiency of completion strategies and the reliability of production equipment placement. By delivering detailed reservoir maps and models, Gyrodata supports the planning of future wells, contributing to better decision-making and operational effectiveness in the industry.

Nauticus Robotics

Post in 2022
Nauticus Robotics, established in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robotic systems tailored for the ocean industries. The company's innovative technology offers eco-friendly alternatives to traditional methods, streamlining operations while minimizing environmental impact. Nauticus focuses on providing essential data collection, analytics, and subsea manipulation capabilities, which are vital for maintaining and supporting underwater assets. Their business model encompasses the sale of robotic vehicles and components, as well as the licensing of associated software, serving both commercial and defense sectors. By prioritizing efficiency and sustainability, Nauticus Robotics aims to reduce operational costs and greenhouse gas emissions, thereby enhancing offshore health and safety standards.

QLM Technology

Series A in 2022
QLM Technology Ltd., based in Bristol, United Kingdom, specializes in the development of advanced gas detection and imaging systems. The company focuses on creating low-power tuneable diode lidar (TDLidar) technology that employs infrared single-photon detection to identify gas leaks. This innovative solution is designed for natural gas producers, distributors, and service providers, allowing for enhanced monitoring of gas production and distribution assets while addressing concerns related to fugitive greenhouse gas emissions. Established in 2017, QLM Technology aims to provide the industry with high-precision quantum optical sensors that enable the detection and quantification of even the smallest gas leak rates. By improving safety and reducing operational costs, QLM's technology represents a significant advancement in gas leak identification and monitoring.

Nauticus Robotics

Debt Financing in 2021
Nauticus Robotics, established in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robotic systems tailored for the ocean industries. The company's innovative technology offers eco-friendly alternatives to traditional methods, streamlining operations while minimizing environmental impact. Nauticus focuses on providing essential data collection, analytics, and subsea manipulation capabilities, which are vital for maintaining and supporting underwater assets. Their business model encompasses the sale of robotic vehicles and components, as well as the licensing of associated software, serving both commercial and defense sectors. By prioritizing efficiency and sustainability, Nauticus Robotics aims to reduce operational costs and greenhouse gas emissions, thereby enhancing offshore health and safety standards.

Gradiant

Series C in 2021
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

Post in 2021
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

EnerVenue

Series A in 2021
EnerVenue Inc. is a company based in Fremont, California, that specializes in the development of metal-hydrogen energy storage batteries. Founded in 2020, EnerVenue focuses on providing innovative battery solutions for large-scale renewable energy and storage applications. The company's technology aims to address the challenges of energy generation and consumption, particularly the fluctuations in renewable energy output throughout the day. By offering Energy Storage Vessels that are designed to be simple, safe, and cost-effective, EnerVenue presents an alternative to traditional lithium-ion batteries. Their batteries are engineered to be durable and require zero maintenance, making them a suitable option for various industries, including aerospace, as they support the transition to cleaner energy solutions.

DeepIQ

Seed Round in 2021
DeepIQ specializes in software and services that support enterprises in enhancing their data science and artificial intelligence initiatives. The company provides a solution that facilitates the rapid integration of operational and IT data from various sources, enabling organizations to manage large volumes of data effectively. Their software is designed to simplify the AI journey for industrial companies by creating advanced workflows within existing cloud platforms. This approach allows users to derive significant value from time-series, geospatial, and unstructured data, empowering them to leverage their enterprise data efficiently.

Seekops

Series B in 2021
SeekOps Inc. specializes in leak detection services for the oil and gas industry, offering advanced gas sensing technology and data solutions for greenhouse gas emissions reporting. Founded in 2017 and based in Austin, Texas, the company provides quantification and handheld concentration measurement services to both service providers and regulators in the United States and internationally. SeekOps utilizes drones and sensors to accurately detect, localize, and quantify natural gas emissions, minimizing false positives. By employing small unmanned aerial vehicles, the company enhances emissions measurement and reporting standards, contributing to improved environmental, health, and safety outcomes in the energy sector.

Zilift

Acquisition in 2021
Zilift Limited is an oil and gas technology company that specializes in developing advanced magnet technologies for artificial lift applications. Founded in 2009 and based in Aberdeen, United Kingdom, with an additional location in Bakersfield, California, Zilift focuses on creating high-efficiency downhole drive systems. Its product offerings include TorqueDrive, an integrated system for progressing cavity pumps (PCP), and SpeedDrive, a compact electrical submersible pump (ESP). TorqueDrive enhances pump performance while addressing common failure modes associated with traditional systems, allowing for improved wellbore placement options. SpeedDrive, recognized for its unique 2 5/8" diameter, can be deployed using wireline, facilitating applications in restricted access environments and enabling live well interventions without costly rig workovers. Zilift's innovative technologies aim to reduce lifting costs and expand deployment possibilities for artificial lift systems in the oil and gas industry.

GHGSat

Series B in 2020
GHGSat specializes in remote sensing of greenhouse gas emissions, air quality gases, and other trace gases from industrial sources worldwide. The company launched the first high-resolution satellite capable of measuring greenhouse gas emissions, such as CO2 and CH4, in June 2016, enabling near-real-time monitoring of emissions from any facility globally. This patented technology allows industrial facility owners to track emissions with improved accuracy and at a lower cost than traditional methods. Following the success of its initial satellite, GHGSat has expanded its fleet, with additional satellites launched and more planned to enhance monitoring capabilities. The technology is also employed on aircraft for complementary monitoring in regions like shale plays. Additionally, GHGSat is exploring applications for monitoring air quality gases and other trace gases, developing business cases for industries such as maritime shipping to measure sulfur oxides. Overall, GHGSat provides critical data and insights that assist businesses, governments, and regulators in making informed decisions aimed at reducing greenhouse gas emissions and promoting sustainability.

Palladyne AI

Series C in 2020
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

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

Series A in 2018
GHGSat specializes in remote sensing of greenhouse gas emissions, air quality gases, and other trace gases from industrial sources worldwide. The company launched the first high-resolution satellite capable of measuring greenhouse gas emissions, such as CO2 and CH4, in June 2016, enabling near-real-time monitoring of emissions from any facility globally. This patented technology allows industrial facility owners to track emissions with improved accuracy and at a lower cost than traditional methods. Following the success of its initial satellite, GHGSat has expanded its fleet, with additional satellites launched and more planned to enhance monitoring capabilities. The technology is also employed on aircraft for complementary monitoring in regions like shale plays. Additionally, GHGSat is exploring applications for monitoring air quality gases and other trace gases, developing business cases for industries such as maritime shipping to measure sulfur oxides. Overall, GHGSat provides critical data and insights that assist businesses, governments, and regulators in making informed decisions aimed at reducing greenhouse gas emissions and promoting sustainability.

Palladyne AI

Series B in 2018
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

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 focuses on providing software tools designed to calculate the physical and thermodynamic properties of mixtures. By offering these solutions, Virtual Materials Group aims to reduce software costs and make dynamic simulation more accessible and affordable for companies within the process industries.

Nauticus Robotics

Series B in 2018
Nauticus Robotics, established in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robotic systems tailored for the ocean industries. The company's innovative technology offers eco-friendly alternatives to traditional methods, streamlining operations while minimizing environmental impact. Nauticus focuses on providing essential data collection, analytics, and subsea manipulation capabilities, which are vital for maintaining and supporting underwater assets. Their business model encompasses the sale of robotic vehicles and components, as well as the licensing of associated software, serving both commercial and defense sectors. By prioritizing efficiency and sustainability, Nauticus Robotics aims to reduce operational costs and greenhouse gas emissions, thereby enhancing offshore health and safety standards.

Nantero

Series G in 2018
Nantero, Inc. is a nanotechnology company based in Woburn, Massachusetts, that specializes in the development of semiconductor products utilizing carbon nanotubes. Founded in 2001, Nantero focuses on creating nonvolatile random access memory (NRAM) chips, which provide high-density, high-speed storage solutions for a variety of applications, including smartphones, tablets, computers, and industrial systems. The company's NRAM technology offers advantages over traditional memory types, such as zero power consumption in standby mode, making it suitable for both standalone and embedded memory applications. In addition to NRAM, Nantero produces nanoelectromechanical switches and other semiconductor products, and collaborates with licensees to expand the use of its nanotube-based technology across various sectors.

BiSN

Venture Round in 2017
BiSN is a manufacturer of innovative metal-to-metal downhole sealing solutions tailored for the oil and gas industry. The company addresses the limitations of traditional methods, such as bridge plugs and cement, by offering advanced products that create gas-tight and airtight seals. BiSN’s cutting-edge technology includes a chemical reaction heater that enhances the effectiveness of its sealing solutions, enabling applications that were previously deemed impossible. This approach allows oil production companies to manage well abandonment challenges more efficiently and cost-effectively.

Peloton Technology

Series B in 2017
Peloton Technology Inc., founded in 2011 and based in Menlo Park, California, develops advanced active safety systems aimed at enhancing the efficiency of trucking fleets. The company employs radar and Dedicated Short-Range Communications (DSRC) to establish vehicle-to-vehicle links between pairs of trucks. This technology allows for the coordination of acceleration and braking while keeping drivers fully engaged and in control of steering. By forming platoons, Peloton's system significantly reduces aerodynamic drag, resulting in fuel savings of over 7% during on-road testing for both the leading and trailing trucks. In addition to improving fuel efficiency, Peloton's solutions help mitigate collision-related expenses, addressing critical issues faced by the trucking industry.

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 aimed at extending well life, restoring well integrity, and enhancing well performance. The company offers a range of products, including flow control systems such as plug and leak detection systems, straddle systems, gauge hangers, and choke systems, as well as well intervention toolstring systems for applications like wellbore clean-up, fishing, and routine servicing. Established in 2002 and headquartered in Perth, Australia, Peak Well Systems operates additional offices in Aberdeen, United Kingdom, and Kuala Lumpur, Malaysia. The company serves clients across Australia, Southeast Asia, the United Kingdom, and the Middle East through its technical sales support and distribution facilities. Its commitment to innovation and quality has positioned it as a preferred provider for operators and service companies globally.

Palladyne AI

Series A in 2017
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

Kite Power Systems

Venture Round in 2016
Kite Power Systems, founded in 2011 in Burnham-on-Crouch, Essex, UK, specializes in developing an innovative solution for harnessing wind energy through a twin-kite system. This technology aims to provide a reliable and efficient means of generating clean energy at a utility scale, significantly reducing costs compared to traditional wind turbines while utilizing 85 percent less material. The company’s kite arrays can be deployed both onshore and offshore, making them suitable for locations where conventional wind energy systems are impractical. By offering a sustainable alternative, Kite Power Systems seeks to reduce dependency on fossil fuels and mitigate the impacts of climate change. The technology is supported by extensive testing and development, as well as funding from the UK Department of Energy and Climate Change Energy Entrepreneurs Fund and various private investors.

Alphabet Energy

Series C in 2016
Alphabet Energy, Inc. specializes in waste heat recovery technology that transforms waste heat into electricity. The company offers a range of products, including power-generating combustors, thermoelectric devices, and both solid-state and liquid-cooled electrical generators, all designed to capture exhaust heat and convert it into usable electrical power. Their innovative products, developed from sustainable materials, can generate power from microwatts to megawatts, catering to diverse industries such as automotive, oil and gas, mining, and manufacturing. Alphabet Energy also provides the PowerModule-β Developer Kit, which allows users to test thermoelectric converters in various applications. Founded in 2009 and headquartered in Hayward, California, with an additional office in Houston, Texas, the company is committed to improving fuel efficiency and reducing energy waste for clients both in the United States and internationally.

Parsable

Series B in 2016
Parsable, Inc. specializes in developing digital workflow management solutions tailored for industrial sectors, including consumer packaged goods, manufacturing, and energy. Its Connected Worker Platform modernizes traditional, paper-based procedures by converting them into mobile, interactive work instructions that utilize multimedia formats. This transformation enhances productivity, quality, and safety for industrial workers by facilitating real-time collaboration and guiding human inputs. Additionally, Parsable's platform collects and analyzes operational data, providing valuable insights into work activities and enabling continuous improvement of procedures. Founded in 2013 and headquartered in San Francisco, California, Parsable also has offices in Austin, Texas; Vancouver, Canada; and Kildare, Ireland. The company was previously known as Wearable Intelligence, Inc. before rebranding in February 2016.

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, manufacturing, and sale of inflatable packers and expandable steel solutions for the oil and gas industry. The company offers a diverse range of products, including various types of expandable steel patches designed for different environmental conditions and applications, as well as an array of expandable steel packers, such as the FracPacker, external casing packers, and annular zonal isolation packers. These products are essential for drilling, well construction, maintenance, and repair tasks, aimed at enhancing operational efficiency and minimizing environmental risks. Founded in 2004 and headquartered in Bruz, France, Saltel Industries has established a global presence with subsidiaries in Canada, Texas, Australia, Argentina, and Romania. The company also provides related services and software to support its product offerings. As of June 2016, Saltel Industries operates as a subsidiary of Schlumberger Limited.

GHGSat

Series A in 2016
GHGSat specializes in remote sensing of greenhouse gas emissions, air quality gases, and other trace gases from industrial sources worldwide. The company launched the first high-resolution satellite capable of measuring greenhouse gas emissions, such as CO2 and CH4, in June 2016, enabling near-real-time monitoring of emissions from any facility globally. This patented technology allows industrial facility owners to track emissions with improved accuracy and at a lower cost than traditional methods. Following the success of its initial satellite, GHGSat has expanded its fleet, with additional satellites launched and more planned to enhance monitoring capabilities. The technology is also employed on aircraft for complementary monitoring in regions like shale plays. Additionally, GHGSat is exploring applications for monitoring air quality gases and other trace gases, developing business cases for industries such as maritime shipping to measure sulfur oxides. Overall, GHGSat provides critical data and insights that assist businesses, governments, and regulators in making informed decisions aimed at reducing greenhouse gas emissions and promoting sustainability.

Meta Downhole

Acquisition in 2016
Meta Downhole Ltd. specializes in providing downhole isolation solutions for the global oil and gas industry. The company offers a range of services throughout the lifecycle of a well, including architecture, drilling, completion, production, and decommissioning. Key products include the Meta Liner Tieback, which features a durable metal-to-metal seal for connecting liners to casing, and the Meta Casing Reconnect, designed to replace damaged casing and minimize costly operations. Additionally, Meta Downhole provides zonal isolation solutions, permanent and frac MorphPackers, and the Meta Internal Clad, which facilitates the installation of identical clads without reducing internal diameter. Founded in 1990 and headquartered in Aberdeen, United Kingdom, Meta Downhole has expanded its presence with offices in the Middle East, the Far East, and the United States. The company was formerly known as READ Well Services Ltd. and adopted its current name in 2012.

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 specialized service provider in the petroleum industry, focusing on the analysis of trapped fluid samples in rock material and the evaluation of entrained volatiles in drilling fluids. The company utilizes advanced techniques, including direct quadrupole mass spectrometry, to deliver precise laboratory analyses of these fluids. Their services are essential for understanding the composition of subsurface materials and improving drilling efficiency in oil and gas exploration.

T&T Engineering Services

Acquisition in 2015
T&T Engineering Services, Inc. is a subsidiary of Schlumberger Limited, specializing in design and engineering services primarily for the petroleum exploration and production sector. Founded in 1997 and headquartered in Tomball, Texas, T&T offers a range of services including turnkey product design, third-party reviews, and root cause failure analysis. The company is ISO 9001:2008 certified, ensuring adherence to quality management standards. T&T Engineering Services supports drilling contractors and oil companies in enhancing the efficiency, productivity, safety, and reliability of their drilling operations. The firm is recognized for its innovative contributions to the development of advanced rig technologies for major drilling contractors and has established a reputation for excellence in product design.

Onapsis

Series B in 2015
Onapsis Inc. is a cybersecurity company specializing in protecting business-critical applications and infrastructure. It offers the Onapsis Security Platform, an SAP-certified solution that employs a preventative, behavioral-based, and context-aware approach to identify and mitigate security risks, compliance gaps, and cyber threats. Additionally, Onapsis X1 serves as a standard tool for auditors, facilitating automated security assessments of ERP platforms. The company also conducts professional services, including penetration testing and security audits, along with specialized training programs for SAP security professionals. By providing continuous monitoring and automated governance, Onapsis helps organizations maintain visibility and control over advanced threats and compliance issues related to their enterprise applications. Founded in 2009, Onapsis is headquartered in Boston, Massachusetts, with additional offices in Heidelberg, Germany, and Buenos Aires, Argentina, serving Global 2000 customers across various industries including retail, energy, and manufacturing.

Novatek

Acquisition in 2015
Novatek is a research company founded in 1955 and headquartered in Provo, Utah. It focuses on developing innovative solutions to address significant global challenges, including energy shortages and infrastructure inefficiencies. By applying Edison's system of innovation, Novatek aims to create game-changing technologies that contribute to a cleaner and more sustainable planet. The company's commitment to leveraging technology and innovation is central to its mission of finding effective resolutions to pressing issues faced by communities worldwide.

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 a team of experienced experts and technicians, Shores Lift Solutions focuses on delivering effective results to enhance the performance of artificial lift systems for its clients.

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 Canada-based company specializing in petroleum geochemistry and fluid analysis, primarily serving the heavy oil and oil sands industry. Headquartered in Alberta, the company delivers solutions that address production and exploration challenges by integrating reservoir fluid property assessments with geochemical studies, all within a geological and engineering framework. Gushor's expertise encompasses various aspects of geochemical and geological analysis, fluid properties, and reservoir engineering, enabling clients to make informed decisions regarding their operations in the complex landscape of heavy oil resources.

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
Tula Technology, Inc. specializes in the development and marketing of the Dynamic Skip Fire (DSF) cylinder deactivation system, a cutting-edge powertrain technology that combines digital signal processing with powertrain controls to enable variable displacement engines. This technology helps automotive manufacturers enhance fuel efficiency and meet stringent CO2 emissions standards. Founded in 2008 and headquartered in San Jose, California, with an engineering center in Plymouth, Michigan, Tula serves a global clientele, including customers in the United States, Germany, Japan, China, and Korea. The company is recognized for its innovative approach, holding over 320 patents related to various technologies and focusing primarily on applications for passenger vehicles and commercial heavy-duty trucks. Tula's solutions are rooted in software rather than hardware, yielding significant results, as evidenced by one million vehicles utilizing its technology to reduce emissions and improve fuel savings. The company is also exploring efficiency solutions in areas such as robotics, e-aviation, and industrial machinery.

GEDCO

Acquisition in 2012
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
Liquid Robotics Inc. specializes in the development and refinement of the Wave Glider, an unmanned surface robot designed for real-time ocean data collection and communication. This innovative robot harnesses wave and solar energy for propulsion, allowing for long-duration missions without the need for manpower or refueling. The Wave Glider facilitates the connection between subsea data and satellite communication, creating an integrated ocean network. Its applications span various sectors, including defense, maritime domain awareness, environmental assessment, and the oil and gas industry. The company provides a range of services, including mission planning, operation, and reporting. Established in 2007 and headquartered in Sunnyvale, California, Liquid Robotics operates as a subsidiary of The Boeing Company, addressing critical challenges related to ocean monitoring and protection.

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. With nearly 40 years of experience, it has provided expertise in evaluating and developing geothermal fields for a diverse client base across more than 50 countries. The company specializes in addressing the critical resource-related challenges inherent in geothermal projects. Its comprehensive service offerings include exploration consultancy, drilling engineering and management, training, well testing, resource assessment, numerical reservoir simulation, enhanced geothermal systems, risk analysis, due diligence, and technology transfer. GeothermEx's team of geoscientists and engineers is dedicated to delivering high-quality insights and results, making it a trusted partner 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, established in 1958. The company specializes in a range of services aimed at evaluating hydrocarbon reservoirs and enhancing field exploration, development, and production. Its offerings include mud logging, which involves monitoring drilling parameters and analyzing rock cuttings and gas in the mud. Geoservices also provides well intervention services, including both light and heavy mechanical wireline operations, reservoir monitoring, and the replacement of faulty equipment. Additionally, the company offers field surveillance services that support operation and maintenance of surface installations, equipment sales, and solutions for assessing well production rates. Geoservices operates in diverse regions, including Southeast Asia, the Mediterranean, Latin America, and North America, serving oil and gas companies globally.

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 specializes in petroleum systems modeling software and services tailored for the exploration and production sectors. The company offers The PetroMod Software System, which includes various modules such as PetroMod 1D for salt movement and thrust modeling, PetroMod 2D for PVT-controlled n-component 3-phase petroleum migration in two-dimensional models, and PetroMod 3D, featuring PetroCharge Express for map analysis, drainage area determination, and volumetric assessments. This software aids oil and gas companies in estimating undiscovered hydrocarbons in frontier basins, thereby helping to mitigate risks associated with exploration prospects.

Saxon Energy Services

Acquisition in 2008
Saxon Energy Services specializes in land drilling and well construction services, primarily catering to the oil and gas sector. The company offers a range of solutions including drilling, well completion, and workover services. Operating across North and South America, Saxon Energy Services supports oil and gas companies in their drilling operations and well maintenance needs, ensuring efficient and effective resource extraction.

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 specializing in the oil and gas exploration sector. The company offers a comprehensive range of services that include conducting feasibility studies before offshore investigations, planning and configuring offshore surveys, and acquiring and processing data. Additionally, PetroMarker interprets the data and provides recommendations to oil companies, facilitating informed decision-making for drilling operations. Through these services, PetroMarker supports oil and gas companies in their efforts to conduct effective offshore research and optimize their exploration activities.

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 offers a range of onshore and marine activities, including controlled-source electromagnetic (CSEM) surveys and magnetotelluric data acquisition, processing, and interpretation. It also provides consulting services for marine CSEM surveys and marine time-domain electromagnetic data acquisition and interpretation. Geosystem's expertise extends to processing software for both land and marine electromagnetic surveys, as well as the joint inversion of multiple geophysical measurements obtained through seismic, gravity, and magnetotelluric surveys. This comprehensive range of services supports geologists and companies in the geology sector by enhancing their ability to analyze subsurface conditions effectively.

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 exploration and development services for oil and gas fields. The company offers a comprehensive suite of services, including seismic analysis, wireline logging, perforating, and directional drilling. Additionally, PetroAlliance provides pumping services, cementing, drilling fluids, and measurement while drilling. Its focus on integrated project management and information management further enhances its capabilities in the oilfield services sector, addressing various industry needs efficiently.

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

Acquisition in 2001
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

Acquisition in 2001
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 specializes in delivering professional services aimed at facilitating the implementation of Internet-based eBusiness solutions for utility companies and local government entities. The firm offers a range of business transformation solutions, focusing on technical and business process consulting as well as systems integration. By addressing the unique needs of its clients, Convergent Group strives to enhance operational efficiency and support the effective adoption of innovative technologies within the public sector.

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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.