Insight

New name and corporate profile

EV today launched a new name, logo and profile to better align our visual identity with EV´s work strengthening companies and uncovering new technologies in the energy sector. EV will remain an independent growth equity firm applying our specialized expertise to build world-class companies. We…

FourPhase receives ISO 9001:2015 and 14001:2015 certifications

FourPhase has obtained ISO 9001:2015 and 14001:2015 certifications. The certifications demonstrate FourPhase’s commitment to consistently provide good quality services in design, development, assembling, testing, maintenance, renting and operation of solids removal equipment.   Obtaining ISO 9001:2015 certification confirms that FourPhase’s processes, procedures and management system…

Investment Den at RGU

RGU students take on the dragons MBA students from Robert Gordon University’s (RGU) Aberdeen Business School faced their own set of “dragons” when they took part in an Investment Den exercise supported by Energy Ventures and Simmons and Co. Over the course of two days…

Zilift’s ESP TorqueDrive achieves one year production in U.S. well

ABERDEEN — Zilift has achieved more than one year’s production from its TorqueDrive (TD) technology in a cyclic steam operated, previously sub economic, well in California. The achievement further underpins the company’s position as a leading energy sector developer of electrical submersible pumps based on…

SageRider Acquires Majority Stake in Texproil

SageRider, Incorporated is pleased to announce the acquisition of a majority interest in Texproil S.R.L. Argentina. This acquisition will allow SageRider to expand its presence and product offerings in South America, while adding to its overall manufacturing capabilities. Texproil designs, manufactures, and installs a wide…

Energy Ventures and Viking Venture exit READ Cased Hole Ltd

      Read Well Services Holding AS, a portfolio company of Energy Ventures III LP and Viking Venture III, funds managed by Energy Ventures III AS and Viking Venture AS, has signed an agreement to sell their shareholding in READ Cased Hole Ltd (“RCH”) …

Energy Ventures Announces the promotion of Matt Anstead

7 December, 2016     Promotion We are pleased to announce the promotion of Matt Anstead from Investment Director to Partner. Throughout his time with Energy Ventures Matt has proven to be an exceptionally effective and knowledgeable member of our team. We congratulate Matt on…

North Sea Decommissioning Market Forecast

North Sea Decommissioning Forecast to Blossom After Yme Removal AllSeas recent successful removal of the Yme platform was the first job completed by the Pioneering Spirit – demonstrating that the world’s first single lift vessel (SLV) was back on track after a spate of recent…

Deep Casing Tools Deploys First System in Iraq

Casing and completion tool specialist Deep Casing Tools has continued its Middle East expansion with a successful deployment of its unique drillable turbine technology in Iraq. The company’s 7” Turbocaser Express™ high-speed reaming system was deployed recently for a client who had experienced previous liner…

ESIA Appoints Non-Executive Director to Strengthen Market Proposition

Energy Software Intelligence Analytics (“ESIA”), a provider of strategic business intelligence and market research services is pleased to announce the appointment of Douglas Montgomery as a non-executive director. Mr Montgomery was formerly global head of sales and an executive director for Wood Mackenzie. He worked…

Abrado Acquires Key Deltide Service Lines

Proprietary milling, fishing and magnetic tools viewed as a key to Abrado’s “Video Onboard™” strategy for intelligent wellbore debris management  HOUSTON: Leading specialist in wellbore cleanout and video diagnostics services, Abrado Wellbore Services has announced the acquisition of the specialty tool product lines of Deltide…

Downturn to Expedite Subsea Sustainability

In recent years, the economic viability of numerous offshore projects has been questioned due to a relentless rise in Capex and Opex. The prolonged low oil price has placed additional pressure on operator budgets – resulting in deferred sanctioning and in some cases, cancellations of…

ProSep Wins Order to Supply ProMix Units to Middle Eastern NOC

HOUSTON — ProSep is to supply four ProMix units to a national oil company based in the Middle East, the company said Tuesday. “The ProMix technology generates homogeneous and moderate shear force to the dispersed phase across the cross section of the main flow, providing…

FourPhase Welcomes On Board a New Chairman – May Newsletter

We have strengthened our management team with a new Chairman of the Board  – Einar Gamman. Einar has 28 years of industry experience and oversees the Energy Ventures Advisory Board. Mr. Gamman has held senior management positions in Tentech International, ABB Offshore and Smedvig Offshore. Click here…

Wireless Seismic Announces Purchase of RT System 2 by GALLEGO TECHNIC Geophysics

Sugar Land, TX (May 10, 2016) — Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the sale and delivery of its RT System 2 seismic data acquisition system to the French seismic data acquisition company GALLEGO TECHNIC…

Wireless Seismic News

New Year Edition Wireless Seismic remains optimistic despite industry slump — Despite the reports of cutbacks in the industry, Wireless Seismic continues to stay positive due to the recent RT System 2 sales and additional investments. Yug-Neftegaz purchases RT System 2 — Wireless Seismic announces…

Deep Casing Tools Expands into New Territories

Deep Casing Tools has expanded its business with successful first deployment of a Turbocaser Express in Kazakhstan. Deep Casing Tools’ reaming and unique drillable turbine technology provides significant time and cost savings when compared to conventional methods. With the ability to ream while running in,…

Coming Soon | The State of Exploration 2016 by Richmond Energy Partners

Richmond Energy Partners’ report analyses international conventional exploration performance in 2015 and over a five-year exploration cycle, together with 2016 exploration drilling plans. A group of 40 large to mid-sized E&P companies are used as a benchmark peer group. For more information on this report or…

PanGeo at CIPPE-China March/April 2016

Last week, Phil Williams from our Business Development team was part of the Scottish Development International Trade Mission to China. Part of this mission was to exhibit PanGeo at the Scottish Pavilion Trade Stand at the China International Petroleum and Petrochemical Technology and Equipment Exhibition…

SageRider West Expands

SageRider West expands position in California through its acquisition of Technical Wireline Services. Click here to read more.

Two Sessions Left in GeoTeric’s Online Training Series

Our Online Training Series offers you the chance to sign up for exclusive GeoTeric training. The training is taught by one of our in-house Geoscientists. Each session lasts an approximate 30 minutes and guides you through the essential Cognitive Interpretation workflows in GeoTeric. Each session is scheduled twice…

Maintaining Pipeline Security in Hostile Regions

Terrorism continues to affect the Middle Eastern Oil & Gas industry and therefore it has never been more important for operators to deploy tried-and-tested technologies to protect their assets The Oil & Gas industry has faced an increasingly dangerous threat from terrorism over the past…

Schlumberger Acquires Meta Downhole Limited

Unique metal-to-metal sealing technology expands Completions portfolio HOUSTON, March 24, 2016—Schlumberger today announced the acquisition of Meta Downhole Limited, a UK-based engineering and service company that offers technology and expertise to provide downhole metal-to-metal isolation solutions in well integrity applications. “With Meta’s unique proven technologies,…

West Africa: The Deepwater Bubble Bursts

A year ago, Douglas-Westwood (DW) commented that E&P companies within West Africa were focusing reduced Capex plans on high-quality deepwater assets in the region. At the time, Brent crude was rebounding towards a mid-2015 peak of over $60 per barrel. However, in the months since…

2016 GeoTeric Annual Technology Forum Announced

Join us in April 2016 to celebrate our 10th Annual Technology Forum. Taking place at 170 Queens Gate, London, the GeoTeric Annual Technology Forum is your chance to hear exclusive announcements of software developments, as well as key speakers and the plans for GeoTeric over…

LivePIPE System at Pipeline Integrity Management Forum

Church Crookham, UK, 15th March 2016 – Fotech Solutions, the linear asset monitoring technology specialist, will be exhibiting at the ninth annual Pipeline Integrity Management Summit on 15th-17th March in Berlin, Germany. At the show, Fotech will be showcasing its sophisticated LivePIPE® pipeline monitoring solution….

Produced Water Sand Management

The amount of produced water increases as an oil field matures. While the worldwide average for water cut is around 75%, for some reservoirs it may increase to 98%. Managing the increasing volume of produced water is one of the main challenges the petroleum industry…

Wireless Seismic Raises $5M

Wireless Seismic recently secured $5 million in their capital raise. This will go toward growing and continuing to revolutionize data acquisition with their real-time, cable-free systems. Click here to read more.

2016 GeoTeric Annual Technology Day Announced

Join us in April 2016 to celebrate our 10th Annual Technology Day. Taking place at 170 Queens Gate, London, the GeoTeric Annual Technology Day is your chance to hear exclusive announcements of software developments, as well as key speakers and the plans for GeoTeric over…

EDrill-2 Arrives at First Location

EDrill-2 departed COSCO Shipyard on 29th November after pre-mobilization inspections and third party equipment installation to arrive at the Gulf of Mottoma location on 21st December. The rig has safely and successfully completed it’s mooring system field tests and heavy lifting operations with the DES set…

FourPhase Awarded Contract from Baker Hughes

FourPhase has recently been awarded a contract from Baker Hughes Azerbaijan for delivering their next generation surface solids removal system – DualFlow. FourPhase provides patented continuous production and solids removal systems. The cyclonic separation technology engineered by FourPhase has already been successfully field proven in…

Ziebel Celebrates Milestone with 100th Z-Rod Intervention

HOUSTON, Texas — December 2, 2015 — Ziebel, the market leader in composite rod well intervention, has completed its 100th Z-Rod® distributed fiber optic sensing job. The Z-Rod system consists of a 6500m carbon fiber composite rod with embedded fiber optic lines that make it…

Deep Casing Tools Awarded Order in Excess of $4.7M

Deep Casing Tools has been awarded a multi tool order in excess of $4.7m for deployment in the Middle East. The order is the largest ever secured by the company. Deep Casing Tools provides drillable turbine tools which enable casing and completions to be landed…

READ Cased Hole Wins Cased Hole Logging Contract with Hess Denmark ApS

Aberdeen-based production and integrity evaluation specialist READ Cased Hole (READ) has been awarded a cased hole logging contract by Hess Denmark ApS, a wholly owned subsidiary of Hess Corporation and one of the world’s leading independent oil and gas companies. The framework contract appoints READ…

Meta Showcasing MorphPackers at ADIPEC

Meta Downhole Ltd (Meta) will be showcasing its MorphPacker range at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) from the 9th to the 12th of November 2015. Middle Eastern Operators are faced with new challenges in extracting ‘new’ oil and gas from much…

MorphPackers Nominated for Energy Institute Technology Awards

Meta Downhole Ltd’s (Meta’s), MorphPacker products have been shortlisted for the Energy Institute’s Technology Awards. Winners will be announced at a ceremony taking place in London on 12 November 2015. The awards recognise the value of energy to society and celebrate the energy industry and…

Meta’s Liner Tieback Technology Shortlisted for World Oil Awards

Well isolation specialist, Meta Downhole Ltd (Meta), has been shortlisted for the 2015 World Oil Awards. The awards, which honour the upstream energy segment’s leading innovators and innovations, will take place in Houston on 15 October. Meta’s Liner Hanger technology has been nominated for Best…

ProSep signs CO2 Membrane Agreement with Generon

ProSep, the oil, gas, and water treatment specialist, has signed a collaboration agreement with Generon IGS, an industry-leading provider of comprehensive gas separation and compression solutions, to develop and commercialize a state-of-the-art line of CO2 separation membrane products. Click here to read the full article.

Ziebel Featured in PennEnergy Article

Ziebel AS was recently featured in an article online for PennEnergy. The article focused on Ziebel’s successful completion of a distributed fiber optic sensing campaign for Statoil, using Z-Line. Z-Line is its new gravity-deployed carbon composite cable. Click here to read the full article.

Energy Ventures Establishes WellConnection Group

Energy Ventures Private Equity (“EVPE”) announced today the establishment of WellConnection Group as the leading provider of inspection, maintenance and repair services (“IMR”) for drilling and subsea equipment on the Norwegian Continental Shelf. WellConnection Group has been formed from the acquisitions of Eurotechnology InCon AS,…

GeoTeric Releases 2015.3 Software Version

The release today of GeoTeric 2015.3 marks another major step in the evolution of Cognitive Interpretation. With the advancement of broadband seismic, there is a growing need for high resolution analysis techniques that are compatible with the complex waveforms of broadband data. With the 2015.3…

Energy Ventures Names Jose’ Formigli to Advisory Board

Energy Ventures, an independent private equity firm focusing on innovative upstream technology companies with strong growth potential, announced the addition of Campos Basin managerial and E&P Executive Management veteran, Jose’ Formigli to the firm’s Advisory Board. With more than three decades of experience in the…

Hicor Technologies Featured in Houston Business Journal Article

Hicor Technologies was recently featured in an article for the Houston Business Journal. The article focused on Hicor’s Series B close. According to the article, the round was led by Norway-based Statoil ASA (NYSE: STO) and the money will help the company move towards field testing,…

Hannon Westwood Featured in Upstream Article

Hannon Westwood was recently featured in Upstream, The International Oil & Gas Newspaper in their online news sections. The article focused on Hannon Westwood’s recent purchase of Novas Consulting. Click here to read the full article.

ARKeX Featured in Offshore Technology Article

In a recent article for Offshore Technology, it was announced that BOEM has awarded the first geological and geophysical exploration permit for the offshore US east coast to ARKeX. ARKeX president Jim White was quoted in the article, “The data will contribute to the positioning…

Deep Casing Tools Featured in Oil & Gas Technology

Deep Casing Tools was recently featured in Oil & Gas Technology for their Upstream News section. The article focused on the increasing demand for their casing and completion technlogy products. Click here to read the full article.

Energy Ventures Awards Prize to Two RGU Graduates

Two Robert Gordon University (RGU) scholars have been recognised for their expertise with the award of the Energy Ventures Prize. Chris Porteous and Stuart Cooper, who graduated on July 14th from RGU with first class BA (Hons) degrees in International Business Management and Management respectively,…

V0 Qualification for Meta Casing Reconnect

Meta Downhole Ltd (Meta) is pleased to announce that its Meta Casing Reconnect® has successfully passed ISO14310 V0 qualification testing. The Meta Casing Reconnect is a unique metal to metal sealing product that allows operators to replace damaged or stuck casing, avoid costly side tracks…

Hicor Technologies Commercializing Revolutionary Compressor Technology

HOUSTON, TX – July 14, 2015 – Today, Hicor Technologies, Inc. announced that it has closed its Series B financing round, which continues the funding of its development and commercialization efforts. The most recent funding was led by Statoil Technology Invest and also supported by…

GeoTeric® Launches Cognitive Interpretation™

As an industry, billions are spent on acquiring and processing the best quality seismic data possible, in order to make informed decisions when drilling wells and producing oil and gas. With the vast quantities of data generated, it is easy for interpreters to get into…

FourPhase Featured in Article for OilVoice

FourPhase was featured recently in an article for OilVoice on their new approach to topside solids management. The article focused on FourPhase’s patented cyclone desanding technology, the DualFlow cyclone unit. Click here to read the full article.

Ziebel Featured in Oil and Gas Financial Journal

Ziebel AS was recently featured in Oil and Gas Financial Journal. The article focused on Ziebel’s recent completion of the largest collection and transfer of data in the oil and gas industry. The collection, carried out on behalf of major operator on wells in the…

Meta’s Innovation Excellence Continues to be Recognised

Downhole isolation specialist, Meta Downhole Ltd (Meta), is celebrating after being shortlisted for the Commitment to Innovative Use of R&D award in the Northern Star Business Awards. The nomination was for the development of its liner hanger and packer products. The award recognises companies that…

Hicor Featured in Rigzone Article

Hicor Technologies was recently featured in the News section of Rigzone. The article focuses on Hicor’s compressor technology planned for field tests in 2016 and on how Hicor “defines a new category” in compressor technology. Click here to read the full article.

ProSep Celebrating 10 Years of Separation Solutions

In 2015, ProSep celebrates 10 years providing the oil and gas industry with innovative oil, gas, and produced water separation solutions. From its beginning in June 2005, ProSep continues to be an industry-leading provider. Click here to learn more and download ProSep’s case study and…

Energy Ventures Participates on ACG Houston Private Equity Panel

Energy Ventures partner Shantanu Agarwal was recently a featured panelist at the private equity panel discussion for the ACG Luncheon held at The Houstonian on April 14th. Entitled “Managing Portfolio Companies: When Tailwinds turn into Headwinds,” the event focused on the changing investment landscape in a…

A Message from Energy Ventures – April 2015

A Message from Energy Ventures – April Newsletter Welcome to the latest Energy Ventures newsletter. As co-managing partners, we would like to take this opportunity to update you on recent achievements. As we close the first quarter of 2015, we are pleased to launch into the new year with…

Acoustic Zoom Featured on Cover of Marine Technology Reporter

Acoustic Zoom was recently featured on the cover and in the accompanying article for the April edition of Marine Technology Reporter. The article addresses the need for additional energy resources and the gradual turn to offshore resources to meet those needs. The article highlights Acoustic…

Fotech Will Be Exhibiting at Shale World UK 2015

Fotech Solutions will be sharing insights on In-Well monitoring at Shale World UK 2015 April 15-16 in Birmingham. As part of the technical portion of the programme, Fotech will be demonstrating how its Distributed Acoustic Sensing (DAS) can deliver significant safety and efficiency enhancements for shale…

Hicor Technologies Hosts Technology Preview Day

Hicor Technologies, Inc. hosted a Technology Preview event for a select group of industry attendees on March 31, 2015. The event, which took place at Hicor’s corporate office in Houston, included management presentations and a tour of Hicor’s state-of-the-art technology lab. Guests were given a…

Ziebel Featured in Oilfield Technology

Ziebel was recently featured in Upstream and Product News of Oilfield Technology. The article announces successful usage of it’s new composite fiber optic Z-Line to acquire meaningful Distributed Temperature and Distributed Acoustic fiber optic data during a commercial well intervention. Click here to read full…

Meta Authors Article for Oilfield Technology

Meta recently authored an article for Oilfield Technology  that highlights how a proactive approach to well planning by integrating systems such as the company’s Casing Reconnect can help operators look forward to life of well integrity. Read the full article below.   “The Use of Metalmorphology®technology with No ID restrictions…

Energy Ventures Participates on TIE Houston Energy SIG Panel

Energy Ventures senior partner and Houston president Jim Sledzik was recently a featured panelist at the inaugural TIE Houston (The Indus Entrepreneurs) Energy Special Interest Group event. Entitled “Innovating in the Oil and Gas Industry: Opportunities for Entrepreneurs”, the event focused on how entrepreneurialism can spark innovative breakthroughs during difficult…

Jim Sledzik Presents at 5th Annual Norwegian Finance Day

Energy Ventures senior partner and Houston office president Jim Sledzik recently presented at the 5th Annual Norwegian Finance Day, held at the Federal Reserve Bank in Houston. Hosted by the Royal Norwegian Consulate, the event included an update on the market situation in the US, with…

Oil Search Limited Concludes Seismic Survey Using Wireless Seismic RT System 2

Oil Search Limited and Wireless Seismic, Inc. announced today that in December 2014, following seven months on continuous operations, Asian Oilfield Services Limited (ASIAN) has completed a large 3D seismic survey over the Taza Block in the Kurdistan Region of Iraq using Wireless Seismic’s real-time, radio-based RT System…

ARKeX Featured in E&P Article

In a recent aricle, E&P Executive Editor Rhonda Duey interviews Jim White from ARKeX about East Coast US exploration using FTG. The article discusses how FTG data can help oil and gas companies, seismic contractors and governments target initial licensing rounds.

Energy Ventures Invests in Exploration Analytics Specialist Hannon Westwood

Energy Ventures, a leading private equity firm dedicated to funding high growth energy companies, has committed to a £10million investment into exploration research & analytics firm Hannon Westwood. Tomas Hvamb, with Energy Ventures in Aberdeen, said: “Energy Ventures sees Hannon Westwood as a platform to…

Energy Ventures Names Rune Jensen and Per Arne Jensen Newest Senior Partners

Energy Ventures, an independent private equity firm focusing on innovative upstream technology companies with strong growth potential, announced the addition of its newest senior partners, Rune Jensen and Per Arne Jensen. In their roles, both partners will provide strategic input to the firm’s current portfolio…

Ziebel Featured in Journal of Petroleum Technology

Ziebel was recently featured in the January issue of the Journal of Petroleum Technology. The article addresses some of the new intervention applications enabled by Distributed Fiber Optic technologies. The article highlights how Ziebel’s carbon rod can perform real-time stimulation monitoring treatments bull-headed from surface, particularly…

Deep Casing Tools Opens Office in UAE

Deep Casing Tools has established a new branch office in the Jebel Ali Free Zone (JAFZA) area in the United Arab Emirates.  Local sales and operational services have contributed to the company’s success and the establishment of a new regional base underpins the commitment to new…

ProSep Launches New Marketing Campaign

Amidst low oil prices, ProSep, the industry-leading provider of integrated process separation solutions to the global oil and gas industry, has launched a new marketing campaign to demonstrate their value in helping companies maximize production. ProSep’s proprietary mixing technologies increase the efficiency of the oil, water, and gas…

DWC Changes Name to FourPhase

DWC AS has officially changed its name to FourPhase AS. The impetus behind the name change is clear: the oil and gas industry has three well known phases – oil, gas and water. FourPhase focuses on the fourth phase – solids – where they have proven expertise…

Energy Ventures Sells 2TD to Nabors Industries

Energy Ventures, a private equity firm dedicated to funding high-growth E&P technology companies, has successfully sold 2TD to Nabors Industries, one of the industry’s leading service companies, for $40 million USD. This sale marks the firm’s 17th successful exit from an investment portfolio that consists…

Energy Ventures Named Most Prolific E&P Technology Investor

In a report issued by Lux Research, Energy Ventures has been named the “most prolific investor in E&P technology”. The report cites that new exploration and production technologies have attracted $7 billion in funding since 2003 and this activity is expected to increase as companies look…

ARKeX Commence FTG Survey in Niger Desert

ARKeX, the geophysical services provider, have commenced an airborne Full Tensor Gravity Gradiometry (FTG) survey for Savannah Petroleum, the Niger focused oil & gas company, over its R1/R2 license. The survey covers the blocks in the Agadem rift basin of South East Niger. During 2009-13…

Zilift and Magnomatics Announce Exclusive Partnership

Zilift and Magnomatics have signed an exclusive licensing deal for artificial lift applications in the oil and gas industry. The agreement provides Zilift with exclusive access to Magnomatics’ magnet technologies across the whole downhole oil and gas sector. As a result of previous collaborations, the firms…

Deep Casing Tools Awarded Statoil Frame Agreement

Deep Casing Tools is pleased to announce the signing of a frame agreement with Statoil Petroleum AS. The contract covers the supply of Deep Casing Tools’ revolutionary drillable casing and liner reamer technology, including its high-speed, drillable reaming system, the Turbocaser™ Express, already deployed by…

Fotech to Demonstrate DAS for Oil & Gas at Shale Gas World Europe

Fotech Solutions, the linear asset monitoring technology specialists, will be exhibiting at Shale Gas World Europe on 25th-26th November in Warsaw, Poland. Fotech will be presenting how its Distributed Acoustic Sensing (DAS) technology can help enhance the safety and efficiency of shale gas production for Oil…

Hat-trick of Innovation Award Wins for Meta

Meta’s patented Metalmorphology technology has scooped its third Innovation Award for the year. The latest win was at the Oil & Gas UK awards, which follows winning the business excellence and the Africa oil and gas awards for Innovation. Over the past couple of years…

LGO Acquires License to ARKeX FTG Survey in Trinidad

LGO has announced that it has agreed to acquire a license to a Full-Tensor Gravity Gradiometry (“FTG”) airborne survey in Trinidad as a multi-client survey by ARKeX. LGO has been a major promoter of the FTG survey concept and believes the use of high resolution, high bandwidth gravity gradiometry data…

DeepFlex Selected by RPSEA for Phase 3 of Field Development Supply Project

DeepFlex is proud to announce that RPSEA has awarded Phase 3 of their “Qualification of Flexible Fiber-Reinforced Pipe for 10,000-Foot Water Depths” project. Phase 3 of the project – Field Development Supply – includes field specific engineering, fabrication, delivery, deployment and operations of the actual…

ffA Forms GeoTeric Research & Development Consortium

In recognition of its growing user base, ffA has formed a GeoTeric Research and Development Consortium that brings together technology focused E&P companies to guide the on-going development of the software. The foundation members of the consortium include Centrica Energy Norway, Lundin Norge, VNG Norge…

Wireless Seismic Featured in Houston Chronicle

The Houston Chronicle recently featured an article on Wireless Seismic entitled “Wireless system could shake up seismic industry”. The article highlights the company’s method that allows seismic sensors to transmit information in real time, vastly simplifying and speeding up the process of data collection. Click here…

Energy Ventures Wins Exit of the Year

Energy Ventures has been awarded “Exit of the Year” by the Norwegian Venture Capital Association for the sale of Cubility to Triton Funds. Click here to read more about the Cubility sale.

Meta Wins Africa Oil & Gas Award for Innovation

Meta’s unique downhole isolation technology, Metalmorphology, and its suite of well isolation products continue to gain recognition in the marketplace. The company recently won the Innovation of the Year Award at the 2014 Africa Oil & Gas Awards. The award recognises the contribution that Meta’s…

Wireless Seismic Announces Hybrid Radio Telemetry Capability with RT System 2

Wireless Seismic, Inc. today announced the addition of a robust Hybrid Radio Telemetry system to its market-leading RT System 2 real-time wireless seismic data acquisition system. The Hybrid Radio Telemetry system enables your seismic data acquisition project to continue, uninterrupted, even if radio connectivity is…

A Message from Energy Ventures – October 2014

There has been a lot of activity in an around our firm and, as co-managing partners, we would like to take this opportunity to update you on recent achievements. We are pleased to start things off on a very high note by announcing that Energy…

Zilift Advances Downhole Electrical Machine Design

Zilift Ltd. has made further investment into assembly line equipment and is increasing staff numbers in both its UK and US bases in response to early demand for the technology firm’s TorqueDrive™ innovation. Substantial product orders have been made by a major Californian heavy-oil operator,…

OsComp Featured in Natural Gas Intelligence

Natural Gas Intelligence (NGI) has featured OsComp in a recent article entitled “CNG Firm Sees Market in Bakken Flared Gas”. The article highlights how OsComp is moving into the Williston Basin to turn Bakken Shale flared natural gas into compressed natural gas (CNG) for oilfield, industrial and transportation uses….

Jim Sledzik Delivers Rice Alliance Keynote Presentation

Senior Partner and Houston office President Jim Sledzik delivered the morning keynote presentation during the 12th Annual Rice Alliance Energy and Clean Technology Venture Forum. His presentation centered on how a person’s background and experiences dictate their belief systems, particularly as they relate to predictions about…

ProSep Appoints General Manager for Middle East

Houston headquartered oil, gas and water treatment specialist, ProSep has appointed a General Manger for the Middle East as it plans for significant growth in the region. Ryan McPherson joins the company from the Industry Technology Facilitator (ITF), where he has been Regional Director for…

Visit Abrado at the SPE Deepwater Drilling Conference – Sept. 10-11

Abrado Wellbore Services will be exhibiting at the SPE Deepwater Drilling Conference taking place in Galveston, TX on September 10th and 11th. Visit Abrado in booth #205 to learn more about how their portfolio of tools, chemicals and engineering services is helping customers overcome the challenges…

ARKeX Upgrade FTG Aircraft Fleet

ARKeX, the geophysical services provider, has added a new De Havilland Twin Otter aircraft to its fleet of Full Tensor Gravity Gradiometry (FTG) survey aircraft. Now ARKeX’s entire fleet is made up of twin engine aircraft. “The delivery of this aircraft is important to ARKeX…

Visit Ingrain at URTeC 2014

Digital rock physics lab Ingrain will be exhibiting at the 2014 Unconventional Resources Technology Conference being held in Denver, CO from August 25-27. Tuesday, August 26: Learn more about Ingrain as Halcon Resources presents a technical paper featuring Ingrain data. Dr. Joel Walls will be…

Energy Ventures Featured in Oil & Gas Monitor

Energy Ventures Partner, Shantanu Agarwal, and Project Manager, Emily Bernard, recently co-authored an article for Oil & Gas Monitor. Entitled “Jack vs. The Giant: Does Bigger Really Mean Better?” the article highlights how new technology adoption is key to overcoming today’s drilling challenges and how supermajors…

Wireless Seismic Featured in American Oil & Gas Reporter

Wireless Seismic founder Doug Crice recently contributed an article to the July issue of American Oil & Gas Reporter. Entitled “Wireless Seismic Capabilities Advance”, the article discusses the historical advances in 3-D cable-free seismic technology and reviews how wireless, real-time data acquisition technology allows industry operators access…

ProSep’s ProSalt System Produces Impressive Results for Saudi Aramco

Houston-based oil, gas and water process separation specialist, ProSep, has been awarded a contract to supply of one of its patented ProSalt units to Saudi Aramco in the Arab Gulf region. The 20″ ProSalt™ wash water injection and mixing system will be installed at an onshore facility and will…

Meta Winners of Innovation at the Grampian Awards for Business Excellence

Meta has been crowned the winners of innovation at the 2014 Grampain Awards for Business Excellence. The Aberdeen-based awards acknowledge entrepreneurial companies and individuals that are capable of leading the future prosperity of Grampian. Meta was recognised for its Metalmorphology innovation; the disruptive technology that has redefined what…

ProSep Opens to 3rd Party Manufacturing & Appoints New General Manager

Houston headquartered oil, gas and water treatment specialist, ProSep has launched a new manufacturing service for third party clients at its purpose-built fabrication facility on Clara Road. ProSep has the capability to construct large structural fabrications, vessels and piping spools, as well as being able…

Ziebel to Conduct US Fibre Optic Sensing Campaign for ConocoPhillips

Ziebel AS, a Stavanger-based provider of specialist well intervention services for the oil and gas industry, announced that it has reached an agreement with ConocoPhillips to provide distributed fiber optic (DFO) intervention services in the continental United States. Ziebel will offer its DFO intervention services beginning…

Wireless Seismic, Inc. and Geopartner Announce Purchase of RT System 2

Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the purchase of its RT System 2 seismic data acquisition system by Geopartner Sp. z o.o.  Based in Krakow, Poland, Geopartner is a leading provider of non-seismic geophysical…

ARKeX Launches XField Plugin for Petrel

ARKeX recently launched their XField plug-in for the Petrel E&P Software Platform. XField was developed to enable seismic interpreters to use gravity and magnetic data without requiring specialized training. The software is fully certified and integrated into Petrel, providing users with an improved geological understanding…

Energy Ventures Hires Matt Anstead as Investment Director

Energy Ventures has announced the hire of its newest investment director, Matt Anstead. In his role, Matt will provide strategic input to the firm’s current portfolio in addition to supporting the execution of new investment opportunities on behalf of Energy Ventures. “We are thrilled to…

Energy Ventures Enhances Global Operating Partner Network

Energy Ventures, an independent private equity firm dedicated to funding high-growth upstream oil and gas technology companies, announced today that it has added Saad Bargach and Desmond Kong as Operating Partners to its global network. As part of the program, Saad and Desmond will advise…

Oxane Materials Featured in Rigzone

Following the release of its newest ceramic proppant, OxThor, Oxane Materials was featured in a Rigzone article highlighting how growing operator interest in the deep-water Gulf of Mexico has ignited a need for advanced proppants that can enhance production in high pressure, high temperature wells. Click here…

ProSep Awarded Contract for Shell Canada’s Carmon Creek Project

ProSep, the Houston headquartered oil, gas and water process separation specialist has been awarded the contract with Shell Canada for a comprehensive oil treatment solution consisting of the design and packaging of 12 large oil treatment vessels. The equipment, which will be designed and partly…

Energy Ventures Portfolio Companies at OTC

Several Energy Ventures portfolio companies will be exhibiting at OTC this week. Stop by their booths to learn more about their game-changing oilfield technologies! 2TD – booth 5241 Ziebel – booth 5241 PanGeo – booth 1633 ProSep – booth 725   Exhibitor floor plan: http://exhibits.otcnet.org/otc2014/public/EventMap.aspx

Jim Sledzik Featured on OTC Panel Session – May 7th

Energy Ventures Houston office President and Partner, Jim Sledzik, will be a panelist on an OTC special session this Wednesday, May 7th. The session, entitled “Funding New E&P Technologies” will be held at 2:30 PM in Room 306. A brief overview of the session is…

Deep Casing Tools Beats Manufacturing Record

Deep Casing Tools has already exceeded the manufacturing output of 2013 within the first quarter of this year. Deep Casing Tools provides a range of innovative tools designed to land casing and completions at target depth within oil or gas wells. More than 70 tools…

ARKeX Recommence SE Barents Sea FTG Survey

ARKeX has recommenced acquiring a Multi-Client Full Tensor Gravity Gradiometry (FTG) survey within the South Eastern Barents Sea. The survey, started last year but postponed due to weather, will cover 42,784 Sq. km over the proposed NPD licencing areas. The principal aim of the marine…

A Message from Ole Melberg – April 2014

As we close the first quarter of 2014, there has been a lot of activity in and around Energy Ventures. We proudly announced the sale of Cubility at the start of April, marking our sixteenth exit since inception. Alongside this proud milestone, we completed a…

Continued Global Growth Drives ffA Expansion

ffA opens two new regional offices in Kuala Lumpur and Perth and appoints Jan Grimnes as Chairman of the Board. In support of ffA’s rapid growth and expansion it has opened two further regional offices. These are in Kuala Lumpur, Malaysia and in Perth, Australia. …

Energy Ventures Invests in DWC

Energy Ventures has co-invested alongside Epi-V in oil & gas production enhancement specialists Dynamic Well Cyclone (DWC). The funding will support the development and commercialization of DWC’s innovative desander system technology in addition to aiding the company’s international expansion. This transaction marks Energy Ventures’ 38th investment…

ARKeX Awarded FTG Survey in Honduras for BG Group

ARKeX announced today that it had been awarded a contract by BG Group to undertake a Full Tensor Gravity Gradiometry (FTG) survey over BG’s offshore Honduras acreage. The airborne survey encompasses all of BG’s recently awarded block (approx. 35,000 km2). There has been little exploration…

Oxane Materials Announces Stronger, Lighter OxThor™ For Demanding Deepwater Applications

Oxane Materials, a Houston-based marketer and manufacturer of Advanced Ceramic Proppant®, today announced OxThor™, a highly conductive, stronger, lighter proppant focused on high value, technologically-demanding Deepwater applications. Reservoir quantities of OxThor™ are expected to be produced in 2014.  Conversations regarding field trials are underway with multiple Gulf of…

Ingrain to Present at AAPG ACE 2014

Digital rock physics company Ingrain will be at the 2014 AAPG ACE event in Houston, TX. Joel Walls will be presenting a technical paper entitled.”Comparison of Reservoir Quality from La Luna, Gacheta and Eagle Ford Shale Formations”. Click here to view an abstract of the presentation. It…

Triton Funds Acquire Cubility

Funds advised by Triton (“Triton”) have entered into an agreement to acquire Cubility AS (“Cubility”), a Norwegian oil services company with unique technology to meet the needs of the next generation of drilling operations, from Energy Ventures for an undisclosed sum. The Sandnes-based company is…

ffA Releases GeoTeric 2014.1

ffA has announced the release of GeoTeric 2014.1, another major step in the evolution of its GeoTeric® suite.  With the 2014.1 release, GeoTeric workflows are even more holistic and better integrated allowing interpreters to complete more of their work inside GeoTeric. In all, since the…

DeepFlex to Exhibit at OTC Asia 2014

DeepFlex will be an exhibitor at the upcoming 2014 Offshore Technology Conference Asia. The conference takes place March 25-28 and will be held in Kuala Lumpur, Malaysia. DeepFlex will be located in Hall 7.

Ingrain Launches Portuguese-language Website

In an effort to continue to expand in the rapidly growing oil and gas market in Brasil, Ingrain recently launched a Portuguese version of their corporate website. The main focus of the new site is to provide Portuguese speaking users with ready information on the…

Oxane Featured in Houston Business Journal

Oxane Materials was recently featured in a Houston Business Journal article entitled “Houston energy tech companies secure new expansion funds”. Oxane’s President Chris Coker is quoted in the article that discusses the success of the company’s latest fundraising round. Click here to read more.

Cubility Featured in Rigzone

Cubility has been featured in a Rigzone.com article entitled “MudCube Offers Breakthrough in Drilling Fluids Technology”. The article discusses Cubility’s advanced shaker technology, the MudCube, a system for treating drilling fluids that meets more stringent health, safety, environmental and requirements. To read the full article, click…

ARKeX Appoints New President

ARKeX has announced today that it has appointed Jim White as President.  Jim is a seasoned professional within the geophysics industry having previously worked in senior positions at WesternGeco, Trace Energy Services, Geokinetics, FT Seismic Support and most recently as President at Discovery Acquisition Services…

Abrado Exhibiting at 2014 IADC/SPE Drilling Conference

  Abrado Wellbore Services will be exhibiting at the upcoming IADC/SPE Drilling Conference & Exhibition, taking place March 4-6 in Fort Worth, TX.  The company will be showcasing a number of products, including their Mud Watcher® product. Where: Booth #908 Location: Fort Worth Convention Center

Oxane Materials Names Clay Border VP of Sales

Oxane Materials, a Houston-based marketer and manufacturer of Advanced Ceramic Proppant™, today announced the addition of Clay Border as Vice President of Sales. In his role, Border will lead Oxane’s sales team with a sharp focus on their customer’s performance and return utilizing Oxane’s Advanced…

Meta Triples Production in Norwegian Well for Major Operator

  Meta, the premium downhole isolation company offering complete integrity across the life of the well, has successfully completed three contracts for a major Norwegian North Sea operator with its Meta Casing Reconnect™. Following the success of the first project, which saw production triple for…

Deep Casing Tools Sets New Record in Saudi Arabia

Deep Casing Tools, which has a range of innovative tools designed to land casing and completions at target depth within oil or gas wells, has set a new world record in Saudi Arabia for the longest tool run. The turbine powered reaming capability of the…

Zilift Featured in Harold Scotland Business Profile

The Herald Scotland recently featured a business report on Zilift highlighting the company’s proprietary artificial lift technology and support from Scottish Enterprise. Click here to read the full profile.

Oxane Materials Names Dr. Stephen Holditch as Chairman of the Board

Oxane Materials, a Houston-based marketer and manufacturer of Advanced Ceramic Proppant™, has named Dr. Stephen Holditch its Chairman of the Board of Directors. In his role, Dr. Holditch will play a critical role in the growth, strategic direction and operations of Oxane. “Dr. Holditch’s name…

PWA-ProSep Secures New Contracts Worth Over $10 million

  Houston headquartered oil, gas and water treatment specialist, PWA-ProSep has secured contracts worth $10.5million this year for technologies to be delivered to clients operating in Africa, Norway, Malaysia, South America and the USA. The company, which offers a life-cycle portfolio of patented solutions to…

READ Cased Hole Appoints New CEO

READ Cased Hole, the North Sea well integrity logging specialist, has appointed Roy Martin as CEO as he spearheads an ambitious growth plan which will take the company’s specialist services and technical innovations to a wider global network. With more than 30 years of industry…

ConocoPhillips and Chevron Contribute to Ziebel Funding Round

  Ziebel, a Stavanger-based provider of specialist well intervention services to the oil and gas industry, announced today that it has closed a round of growth capital raising US$ 10 million. The funding was secured from lead investor ConocoPhillips Technology Ventures, along with Chevron Technology…

Meta Presenting Technical Paper at IPTC 2014

  Mike Jones, Operations Manager for Meta in Aberdeen, will be presenting a technical paper at the upcoming International Petroleum Technical Conference, taking place January 19-22 in Doha, Qatar. The paper is entitled “Clad Through Clad: A Mechanical Water Shut-Off Solution for Commingled Production From…

PWA-ProSep to Provide NOC with Desalting Technology

PWA-ProSep announced it was awarded a contract for the supply of one of its patented ProSalt™ units, valued at $352,000 to a major National Oil Company in the Arab Gulf region. The 20″ ProSalt wash water injection and mixing valve will be installed at an onshore…

Wireless Seismic Article Featured in First Break

Wireless Seismic’s Doug Crice recently contributed an article to the January edition of the European Association of Geoscientists and Engineers’ (EAGE) publication First Break. Entitled “A cable-free land seismic system that acquires data in real time”, the article explains details of a cable-free seismic acquisition system…