Market Penetration Fracture ID has established a strong presence within the oil and gas industry by developing innovative technology focused on enhancing completions efficiency, creating opportunities to expand their technical solutions to similar upstream companies seeking operational improvements.
Recent Strategic Sale The company's recent sale of its intellectual property and assets to a publicly traded entity indicates a potential shift in ownership or strategic focus, suggesting opportunities to offer complementary technological upgrades or consulting services to the acquiring firm.
Industry Collaboration Participation in initiatives like the Horizontal Reservoir Characterization Consortium demonstrates an active engagement with industry collaborations, providing avenues to develop joint ventures, advanced solutions, or tailored services for reservoir analysis.
Financial Range With revenue estimates between 10 and 25 million dollars and modest funding of 1.5 million dollars, Fracture ID presents potential for growth-driven sales solutions, including targeted software services, consultancy, or investment opportunities to accelerate technological expansion.
Technology Stack The company's utilization of diverse web technologies highlights an emphasis on customizable, data-driven solutions, indicating opportunities to promote innovative analytics, visualization tools, and digital platforms tailored for the oil and gas sector.