Innovative Geosteering Technology Factor Technology offers a cutting-edge automated geosteering advisor that leverages advanced geophysical inversion algorithms to enhance drilling accuracy and efficiency, positioning it as a valuable solution for oil and gas operators seeking technological innovation.

Growth Potential With a revenue range of 1 to 10 million USD and a lean team of 2 to 10 employees, the company presents an opportunity for strategic partnerships or investment aimed at scaling its innovative geoscience platform.

Industry Focus Operating within the oil and gas industry, Factor Technology is positioned to serve exploration and drilling companies that are looking to improve geosteering processes, creating potential sales channels directly targeting upstream operations.

Tech Stack & Modernization Utilizing modern cloud-based technologies such as Cloudflare, Node.js, and HTTP/3, the company demonstrates a commitment to scalable, secure, and high-performance solutions, appealing to clients prioritizing digital transformation in exploration activities.

Market Opportunity Given the landscape of large consultancies with extensive workforces and revenues in the billions, Factor Technology's innovative solutions could be integrated into broader digital service offerings, presenting opportunities for strategic alliances or acquisition.