EV Private Equity

Bluware specializes in advanced computing technologies designed for the energy sector, particularly in the management and interpretation of seismic data. The company offers a range of software development services, creating business and scientific applications across various programming languages. Additionally, Bluware provides technology consulting that focuses on enhancing the exploration of subsurface data by overcoming challenges related to data size and interpretation software. Its proprietary compression and computing technology streamlines data acquisition, storage, and utilization, leveraging cloud solutions and deep learning to facilitate informed decision-making. Furthermore, Bluware assists clients in implementing and integrating enterprise applications while also offering expertise in network infrastructure, security, and disaster recovery planning.

Rival Downhole Tools specializes in the development and manufacturing of downhole drilling and workover tools tailored for the oil and gas industry. The company engages in extensive research and development projects, along with design and engineering efforts to create innovative and reliable tools. Their offerings include a range of services such as licensing, patenting, manufacturing, testing, product verification, as well as sales and maintenance of various equipment. By focusing on quality and performance, Rival Downhole Tools equips oilfield companies to operate effectively in diverse conditions, ensuring a competitive advantage while upholding strict confidentiality in their operations.

Workover Solutions, Inc. specializes in providing thru-tubing tools, services, and personnel for the completion, workover, and gas storage markets. Established in 2011 and headquartered in Conroe, Texas, the company designs and manufactures advanced thru-tubing tools, including the XTENDR, IMPACTR, and HAMMR Drill. In addition to tool manufacturing, Workover Solutions offers a range of services such as milling, toe preparation, cleanouts, fishing, acidizing, gas storage, and inspection work. With additional offices in North Dakota, West Virginia, Pennsylvania, and Texas, the company focuses on enhancing productivity and safety for oil exploration and production companies while reducing operational costs through its innovative solutions.

Aquaterra Energy Ltd. is a provider of offshore engineering solutions and technical support to the oil and gas industry, both in the United Kingdom and internationally. Established in 2005 and based in Aberdeen, the company specializes in riser systems, offering a range of products and services including riser analysis, subsea and surface riser systems, connectors, and vortex induced vibration suppression systems. Aquaterra also develops solutions for offshore structures, such as sea swift platforms and subsea protective structures, and provides various services and rental equipment, including tension systems and heavy lifting tools. With additional offices in cities like Cairo, Houston, and Dubai, Aquaterra Energy aims to enhance operational efficiency and reduce costs for its clients throughout the lifecycle of oil and gas projects, from initial development to decommissioning.

Ingrain, Inc. specializes in rock characterization technology services for the upstream oil and gas industry, catering to super majors, independents, national oil sectors, government agencies, and service companies globally. Founded in 2007 and headquartered in Houston, Texas, with additional offices in Brazil, the UAE, Kuwait, and Colombia, Ingrain offers a range of advanced technological solutions. Its CoreHD platform provides high-definition imaging of whole cores, while ReconHD analyzes drilling cuttings for elemental and mineralogical data. The company’s ZoneID technology targets shale rock characteristics through micro-CT and mineralogical analysis, and PoreHD computes critical rock properties such as permeability and porosity. Ingrain also conducts joint industry reservoir characterization studies and maintains a digital core library, which assists operators in identifying productive formations and understanding rock properties and their relationships within various shale plays. By leveraging digital scanning and analysis, Ingrain delivers valuable petrophysical insights that inform commercial decision-making for its clients.

Romar International Ltd., established in 2000 and headquartered in Ellon, UK, specializes in magnetic separation products and services for the global offshore oil and gas industry. Its offerings include mud spill prevention products, pump skids, hydraulic power units, and solutions for safe metal contamination removal. Additionally, Romar provides technical support, project services, and the ROMAR Packer Management System, which monitors inflatable packers to prevent mud spills, ensuring environmental safety. As of 2014, Romar operates as a subsidiary of Front Row Energy Partners Ltd.

FourPhase is a Norwegian company specializing in the design and development of desander technology for the oil and gas industry. Founded in 2012 and based in Os, Norway, FourPhase provides innovative solutions for the removal of sand and sediments, which enhances oil and gas production efficiency. Its product offerings include single and double desanders, choke manifolds, valve skids, and pressure test units, all designed to address various applications in oil and gas extraction, such as well intervention and zero flaring operations. Utilizing patented cyclone technology, FourPhase's systems are engineered to improve operational efficiency while also minimizing costs. The company's advanced solids management systems have been demonstrated to significantly extend the life of oil and gas wells and increase recovery rates, making FourPhase a pivotal player in the sector.

Ziebel AS, founded in 2006 and headquartered in Tananger, Norway, specializes in well intervention services for the global oil and gas industry. The company is known for its innovative Z-System technology, which incorporates a fiber optic composite rod to enable real-time access and visualization of well bores. This technology facilitates various applications, such as Distributed Temperature Sensing (DTS) for leak detection and water ingress identification, as well as Distributed Acoustic Sensing (DAS) for monitoring fluid movement and identifying flow patterns. Ziebel's offerings include the Z-Rod and Z-Line systems, designed to deliver quality data through safe deployment in producing or injecting wells. Additionally, Ziebel maintains a collaborative platform, Z-Community, to provide employees and partners with access to resources and training. The company also has an office in Houston, United States, reinforcing its presence in the international market.

SageRider Inc. is an industrial company based in Stafford, Texas, specializing in providing technical solutions for the oil and gas sector. As a subsidiary of Madison Industries, SageRider focuses on subsurface surveillance technology, fiber optics, and reservoir evaluation. The company's innovative and cost-efficient products and services are designed to enhance data collection methods, helping clients achieve significant cost savings by maximizing production and optimizing overall field development. SageRider is committed to delivering effective solutions that cater to the specific needs of its industry, ensuring that clients can maximize the value of their assets. For further inquiries, details are available on their website.

DeepFlex, Inc. is a Houston-based manufacturer specializing in all-composite flexible pipes designed for subsea oil and gas production environments. The company produces unbonded composite flexible pipes, which include fiber-reinforced options suitable for a range of subsea applications. These applications encompass production, gas lift, gas injection, water injection, chemical lines, risers, flow lines, and jumpers. By focusing on innovative materials and engineering, DeepFlex aims to provide reliable and efficient solutions for the challenges faced in underwater oil and gas extraction.

Abrado Wellbore Services focuses on enhancing wellbore environments to improve oil and gas extraction efficiency. The company develops advanced tools for wellbore care and maintenance, including product casing and riser cleanout solutions. It also provides both real-time and memory-based downhole video services, utilizing innovative technologies to support organizations in optimizing wellbore productivity. Through these offerings, Abrado Wellbore Services aims to assist clients in effectively discovering and extracting resources from the earth.

HalfWave is a company that specializes in developing innovative inspection tools and services for the oil and gas industry. It utilizes its patented ultra-wideband acoustic inspection technology, known as ART, which offers superior penetration and measurement capabilities compared to existing inspection methods. This technology has been established as a leading solution for pipeline and subsea inspections. With a highly qualified team, HalfWave is committed to leveraging the advantages of ART to create advanced inspection solutions that enable clients to maintain the integrity of their critical assets through accurate and reliable inspection data.

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.

2TD Drilling AS focuses on supplying advanced drilling tools for the oil and gas industry. The company designs innovative electro-mechanical rotary steering tools that enhance the drilling process for oil companies. By improving maneuverability down-hole and the quality of boreholes, 2TD's tools help reduce operational costs and minimize non-productive time caused by equipment failures. The company aims to establish itself as a key player in the market by offering solutions that improve efficiency and effectiveness in oil drilling operations.

Intelligent Well Controls is a UK-based company founded in 2009 by experts in downhole data transmission. The company specializes in well construction technology, particularly through its innovative wall-mounted telemetry (WMT) system. This technology utilizes a fluid pulse system that enables real-time data transmission using negative fluid pulses to a surface data acquisition system while maintaining bore access. With a dedicated team located in Aberdeen, Intelligent Well Controls operates globally, emphasizing quality and delivery in its products and services. The company is committed to providing high-standard solutions that have been field-proven to deliver transformational outcomes in the well construction market. Quality assurance remains central to its mission, ensuring that all offerings meet the rigorous demands of high-value wells.

PWA specializes in advanced water treatment technologies, primarily focusing on its patented Osorb® media system. This innovative, regenerable media effectively removes free, dispersed, and soluble hydrocarbons, along with toxic contaminants from oilfield water and gas streams. The main application of Osorb® is in the treatment of produced water, ensuring compliance with discharge and reinjection standards. By addressing the critical need for safe and efficient water management in the oil and gas industry, PWA plays a significant role in enhancing environmental sustainability and resource recovery.

ProSep (USA) Inc. specializes in providing process solutions and equipment for the oil and gas industry, focusing on the separation of gas, oil, and water. The company offers a range of products including scrubbing and demisting internals, gas sweetening membranes, primary separators, heater treaters, and produced water treatment systems. ProSep also delivers services related to process evaluation, pilot testing, and project execution, and operates a fabrication facility for manufacturing large structural components and assembling packaged equipment. Founded in 2005 and based in Houston, Texas, ProSep aims to enhance production efficiency and reduce operational costs for its clients through both conventional and proprietary technologies. The company operates as a subsidiary of Produced Water Absorbents, Inc.

Geoteric is a global leader in the development and commercialization of advanced 3D seismic analysis technology, specializing in artificial intelligence-based geological imaging solutions. The company focuses on enhancing subsurface understanding through innovative software that integrates user knowledge with data, improving productivity in seismic interpretation. Geoteric offers interactive data conditioning tools, noise attenuation, and spectral shaping technologies that optimize signal quality for structural interpretation and attribute analysis. With a diverse client base of over 100 exploration and production companies worldwide, including leading national oil companies and integrated energy firms, Geoteric is committed to facilitating efficient and safe operations in the energy sector.

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.

Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions for the global oil and gas industry. The company develops reliable and cost-effective seismic monitoring technologies that facilitate the observation of reservoir dynamics, including fluid movement, pressure levels, and resource mapping. By enabling oil and gas companies to enhance production efficiency and increase hydrocarbon reserves, Stingray Geophysical helps reduce operational risks and costs associated with resource management. Through its innovative solutions, the company plays a crucial role in optimizing the performance of reservoirs worldwide.

Oxane Materials, Inc. is a Houston-based company founded in 2002 that specializes in the development of energy-focused nanotechnology products. The company primarily focuses on enhancing proppants for hydraulic fracturing through its flagship product, OxFrac, which offers a unique combination of low weight and high strength. This innovative approach aims to address critical challenges in the oil and gas sector, providing substantial benefits such as increased initial production, reduced decline rates, and improved overall recovery of resources. In addition to proppants, Oxane Materials also engages in the development of sour gas abatement technologies, PEM fuel cell membranes, and composite agents. The company's commitment to using advanced materials underscores its goal of delivering cost-effective and environmentally friendly solutions to the energy industry.

NovaDrill is developing next generation Rotary Steering Tools, MWD/LWD Tools and PDC Bits.

Ingrain, Inc. specializes in rock characterization technology services for the upstream oil and gas industry, catering to super majors, independents, national oil sectors, government agencies, and service companies globally. Founded in 2007 and headquartered in Houston, Texas, with additional offices in Brazil, the UAE, Kuwait, and Colombia, Ingrain offers a range of advanced technological solutions. Its CoreHD platform provides high-definition imaging of whole cores, while ReconHD analyzes drilling cuttings for elemental and mineralogical data. The company’s ZoneID technology targets shale rock characteristics through micro-CT and mineralogical analysis, and PoreHD computes critical rock properties such as permeability and porosity. Ingrain also conducts joint industry reservoir characterization studies and maintains a digital core library, which assists operators in identifying productive formations and understanding rock properties and their relationships within various shale plays. By leveraging digital scanning and analysis, Ingrain delivers valuable petrophysical insights that inform commercial decision-making for its clients.

Deep Casing Tools Limited, established in 1999 and headquartered in Aberdeen, UK, specializes in manufacturing innovative technologies for the global oil and gas industry. The company's primary products are The Turborunner and The Turbocaser Express, both high-speed reaming systems designed to enable drilling and completions teams to accurately land casings and completions at target depth, safeguarding assemblies and minimizing operational risks. Led by a team with over 200 years of collective industry experience, Deep Casing Tools' products are engineered by professionals for professionals, combining innovative design with precision engineering to deliver significant cost and time efficiencies.

Add Energy Group is an oil service company headquartered in Stavanger, Norway, providing consultancy and specialized engineering services to the global oil and gas industry. The company operates through three main segments: Integrity Assurance, Well Management, and Risk & Well Engineering. The Integrity Assurance segment focuses on well control response, emergency planning, and maintenance optimization, utilizing proprietary software to enhance operational support and training. The Well Management segment offers comprehensive project management services for well operations. Meanwhile, the Risk & Well Engineering segment delivers expertise in subsurface engineering, drilling, and safety management. Established in 1986, Add Energy serves a diverse clientele, including oil and gas companies, government agencies, and industry trade organizations, with a strong presence in key energy regions across Europe, Asia Pacific, North America, and the Middle East. The company is recognized for its commitment to quality and client relationships, supported by a suite of proprietary tools and a robust portfolio of global Master Service Agreements.

Sigma Offshore specializes in turret mooring and fluid transfer systems designed for the oil and gas industry. The company is known for its patented smart mooring system, which enhances the efficiency and safety of floating production storage and offloading (FPSO) and floating storage and offloading (FSO) vessels. In addition to its innovative products, Sigma Offshore offers consultancy services in structural engineering and naval architecture, providing economical solutions for various marine applications. The company also develops extended well testing systems and sub-sea services, further contributing to the optimization of offshore production processes.

Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions for the global oil and gas industry. The company develops reliable and cost-effective seismic monitoring technologies that facilitate the observation of reservoir dynamics, including fluid movement, pressure levels, and resource mapping. By enabling oil and gas companies to enhance production efficiency and increase hydrocarbon reserves, Stingray Geophysical helps reduce operational risks and costs associated with resource management. Through its innovative solutions, the company plays a crucial role in optimizing the performance of reservoirs worldwide.

Ziebel AS, founded in 2006 and headquartered in Tananger, Norway, specializes in well intervention services for the global oil and gas industry. The company is known for its innovative Z-System technology, which incorporates a fiber optic composite rod to enable real-time access and visualization of well bores. This technology facilitates various applications, such as Distributed Temperature Sensing (DTS) for leak detection and water ingress identification, as well as Distributed Acoustic Sensing (DAS) for monitoring fluid movement and identifying flow patterns. Ziebel's offerings include the Z-Rod and Z-Line systems, designed to deliver quality data through safe deployment in producing or injecting wells. Additionally, Ziebel maintains a collaborative platform, Z-Community, to provide employees and partners with access to resources and training. The company also has an office in Houston, United States, reinforcing its presence in the international market.

Stingray Geophysical specializes in providing Permanent Reservoir Monitoring (PRM) solutions for the global oil and gas industry. The company develops reliable and cost-effective seismic monitoring technologies that facilitate the observation of reservoir dynamics, including fluid movement, pressure levels, and resource mapping. By enabling oil and gas companies to enhance production efficiency and increase hydrocarbon reserves, Stingray Geophysical helps reduce operational risks and costs associated with resource management. Through its innovative solutions, the company plays a crucial role in optimizing the performance of reservoirs worldwide.

Norse Cutting & Abandonment specializes in providing a comprehensive range of oilfield services to the oil and gas industry, focusing on both subsea and surface operations. Its subsea services include drilling, completion, installation, production, and decommissioning, while surface services encompass inspection, maintenance, repair, asset integrity, and data solutions. The company also offers plug and abandonment services, onsite machining for abandoned wells, platform removal, testing and inspection services, and well slot recovery projects. Additionally, it provides rental equipment and mooring products and services. Founded in 1999, Norse Cutting & Abandonment operates globally, with bases in Stavanger, Houston, and Aberdeen.

In 2001 Anton Ziolkowski, Bruce Hobbs and David Wright of the University of Edinburgh invented a new electromagnetic method to detect sub-sea and underground hydrocarbons. In 2003 they founded MTEM Ltd. to develop the technology and provide land and marine surveys to oil companies. In November 2004 MTEM Ltd. was launched from the University of Edinburgh with £7.4M of funding from three equal investors: HitecVision, Energy Ventures, and Scottish Equity Partners. MTEM Ltd. developed and built systems to perform land and marine transient electromagnetic surveys that can identify hydrocarbons before drilling, thus reducing the risk of drilling “dry” wells and saving millions of dollars per well. In June 2007 Petroleum Geo-Services (PGS) bought MTEM Ltd. for $275M. The University of Edinburgh’s share of the sale was £8.6M, of which £2.6M funded 164 PhD studentships. PGS continues to develop the technology.

Caltec is a specialist production technology company focused on enhancing production from mature oil and gas fields. The company offers a range of products, including the Wellcom system, which improves production flow rates by reducing wellhead pressures, and the I-SEP system, which facilitates the partial separation of gas, oil, water, and solids. These technologies work together to significantly enhance production, recovery, and the longevity of oil and gas operations. Additionally, Caltec provides surface jet pumps and compact separation services, analyzing application viability and optimizing production processes. Through fluid analysis and simulation of complex systems, Caltec enables its clients in the oil, gas, and petrochemical industries to increase efficiency and output in their operations.

Advanced Production and Loading (APL) is a prominent company specializing in the development, fabrication, and sale of advanced systems designed for offshore production. The firm focuses on turret mooring systems that facilitate the storage and transport of oil and gas via ships. APL's innovative solutions are aimed at enhancing the efficiency of floating production, storage, and offloading vessels, as well as other offshore terminals. By streamlining offshore loading and transport operations, APL plays a crucial role in the oil and gas industry, ensuring safe and effective management of resources in maritime environments.

SeaBird Exploration Plc is a company that specializes in providing marine 2D and 3D seismic data services for the oil and gas industry. Established in 2000 and headquartered in Limassol, Cyprus, it has been an active participant in the seismic market since 1996. The company offers a comprehensive range of services, including 2D and 3D seismic acquisition and shallow water surveys, as well as the operation of source vessels. SeaBird also provides various services such as conventional undershoot surveys, 4D repeat surveys, and both long-term and spot vessel charters. With a focus on customer satisfaction and a commitment to quality, health, safety, and environmental standards, SeaBird Exploration operates in multiple regions, including Europe, Africa, the Middle East, North and South America, and the Asia Pacific.