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.
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.
SeekOps Inc. is a company based in Austin, Texas, that specializes in leak detection services for the oil and gas sector. Incorporated in 2017, it focuses on developing advanced gas sensing technology and data solutions aimed at enhancing greenhouse gas emissions reporting for energy customers. SeekOps provides quantification and handheld concentration measurement services, utilizing small unmanned aerial vehicles equipped with sensors that detect natural gas emissions with high accuracy and minimal false positives. The company's innovative approach allows for the localization of methane emissions and precise quantification, thereby enabling clients to improve their emissions measurement and reporting standards while addressing environmental, health, and safety concerns. SeekOps serves a diverse clientele both in the United States and internationally.
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.
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.
BiSN
Venture Round in 2017
BiSN is a manufacturer of innovative metal-to-metal downhole sealing solutions tailored for the oil and gas industries. The company has developed advanced products that address the limitations of traditional methods, such as bridge plugs and cement, by providing gas-tight bridge plugs and expandable plugs designed to create airtight seals in downhole applications. By utilizing a revolutionary chemical reaction heater, BiSN enhances the effectiveness of its technology, enabling oil production companies to tackle challenges related to oil well abandonment in a more cost-effective manner. This modern approach opens up new possibilities for oil and gas operations, ensuring greater reliability and efficiency in sealing applications.
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.
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.
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.
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.
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.
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.
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.
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.
Liquid Robotics
Series D in 2011
Liquid Robotics Inc. specializes in the development and manufacturing of the Wave Glider, an innovative unmanned surface robot designed for real-time ocean data collection and communication. This technology enables long-duration missions in various sectors, including defense, environmental monitoring, maritime domain awareness, and oil and gas exploration. The Wave Glider is powered by both wave energy and solar power, allowing it to operate without the need for manpower, refueling, or emissions. It effectively connects subsea data to satellites and land, facilitating a comprehensive ocean network. The company also provides a range of services, including mission planning, operation, and reporting. Founded in 2007 and headquartered in Sunnyvale, California, Liquid Robotics has garnered multiple accolades for its technological advancements and contributions to oceanic research. As of December 2016, it operates as a subsidiary of The Boeing Company.
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.
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.
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.
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.
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.
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.
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.
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.