Hicor Technologies, Inc.
Oil & EnergyTexas, United States11-50 Employees
Hicor Technologies, Inc. operates in the oil and gas sector, developing an artificial lift system that uses compression to move fluids and gas from unconventional wells. The system can replace or supplement traditional lift methods such as gas lift, plunger lift, or beam pumping, and is designed to run continuously through slugging inlet conditions and fluctuating pressures and flows. The company maintains a relatively small team and emphasizes a zero-emissions design for the product and potentially the broader well pad. The technology is applicable across a range of wells, with the aim of enhancing production and increasing reserves by leveraging existing well stock. Based in Houston, Texas, Hicor has conducted field trials across the US oil patch, demonstrating production gains under demanding conditions. In field demonstrations, some wells previously on other lift methods saw production increase substantially, including instances of tripling production with payback under a year.