Emerging Exploration Firm Wellesley Petroleum is a newly established exploration company focused on the Norwegian oil and gas sector, presenting opportunities for innovative solutions in exploration technology, data management, and digital workflows tailored to early-stage operators.
Recent Discovery Success With recent discoveries of gas-condensate and oil in the Norwegian North Sea, Wellesley is expanding its operational footprint, which could drive demand for drilling services, geotechnical solutions, and advanced seismic data analysis.
Strategic Industry Collaborations The company's partnerships with Petrosys for GIS data management and Drilling Systems for drilling risk mitigation highlight potential needs for asset management software, workflow optimization tools, and technical training services.
Financial Growth Potential Although still in early development with revenues under $10 million, the company's substantial funding of $250 million indicates significant resource availability for technology investments, service contracts, and exploration support services.
Focus on Norwegian Market Wellesley's active participation in Norway’s licensing rounds and asset acquisitions provides a strategic avenue for local suppliers, compliance solutions, and environmental technologies aligned with regional regulations and sustainability goals.
$100M$250M
$10B
$100M$250M
$1B$10B
$100M$250M
$10M$25M
$10B
$50M$100MWellesley Petroleum uses 8 technology products and services including Cloudflare, oEmbed, Microsoft 365, and more. Explore Wellesley Petroleum's tech stack below.
| Wellesley Petroleum Email Formats | Percentage |
| First.Last@wellesley.no | 50% |
| First.Last@wellesley.no | 50% |
Oil and GasRogaland, Norway11-50 Employees
Wellesley Petroleum is a newly established business focused on exploration in Norway. We are currently building up our team and aim to prequalify in Norway to participate in exploration opportunities through licensing rounds, farm-ins and acquisitions.
Company Overview
Funding & FinancialsWellesley Petroleum has raised a total of $250M of funding over 1 rounds. Their latest funding round was raised on Jun 14, 2015 in the amount of $250M.
Wellesley Petroleum's revenue is estimated to be in the range of $1M$10M
Funding & FinancialsWellesley Petroleum has raised a total of $250M of funding over 1 rounds. Their latest funding round was raised on Jun 14, 2015 in the amount of $250M.
Wellesley Petroleum's revenue is estimated to be in the range of $1M$10M
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