Advanced Analytical Capabilities Premier Oilfield Laboratories operates a cutting-edge 30,000 sq. ft. facility equipped with state-of-the-art equipment such as XRD, XRF, SEM, Micro CT, and Fluid Evaluation systems, positioning them as a leader in core analysis and fluid evaluation services.
Strategic Industry Partnerships The company's collaboration with Texas Tech University to access a vast library of geological samples indicates a strong commitment to research and innovation, presenting opportunities for technical collaboration and tailored data solutions.
Innovative Software Solutions The launch of StimPlan Version 8 and the acquisition of NSI Technologies demonstrate Premier's focus on developing advanced hydraulic fracturing software, creating potential for sales of simulation tools and digital technology solutions to exploration and production companies.
Market Position and Growth With revenues estimated between $50 million and $100 million and a dedicated team of up to 200 employees, the company is established yet still growing, offering avenues for expanding service offerings and technological partnerships.
Industry Focus and Trend Alignment Operating within the oil and gas sector with a focus on rock and fluid data analysis and reservoir characterization, Premier is well-positioned to leverage market trends toward enhanced recovery techniques and data-driven exploration, opening prospects for customized product and consulting solutions.