Market Position & Recent Activity Fracture ID has recently transitioned to full operational control after selling its intellectual property and assets to a publicly traded company, indicating a strategic shift that may open opportunities for partnerships or technology licensing.
Industry Collaboration The company's launch of the Horizontal Reservoir Characterization Consortium alongside Core Lab demonstrates active engagement in collaborative projects, emphasizing potential for joint ventures and technical partnerships within reservoir analytics.
Growth & Revenue Scale With a revenue range of 10 to 25 million dollars and a lean team of up to 50 employees, Fracture ID presents a scalable client profile that can benefit from tailored solutions in reservoir characterization and operational efficiency improvements.
Technological Capabilities Utilizing a modern tech stack including tools like WordPress, jQuery, and data visualization technologies, the company is positioned to adopt advanced software solutions, offering opportunities for sales of innovative analytics or automation tools.
Sustainability & Innovation Focus By developing a technology that enhances completions efficiency in the oil and gas sector, Fracture ID emphasizes operational innovation, aligning with market trends towards optimized resource extraction and cost-effective drilling practices.