oil-and-gas
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EP Energy’s $7 Billion Lesson in Borrowed Time
EP Energy could find oil, drill wells and hedge prices. What it could not do was make a leveraged buyout forget the price of oil.
The Pipeline Company That Found Its Real Product in the First 30 Minutes
Sander Resources spent years helping energy companies explain pipelines. Then it noticed the most important information was arriving in the least useful form - and built a pocket-sized answer for the people first on scene.
Ikon Science wants to make every rock tell a better story
RokDoc made Ikon Science a specialist in reading the subsurface. With Curate and a widening software portfolio, it is taking on the work of making that knowledge usable across an energy business.
Petrolink wants your oilfield to speak one language
A drilling operation can drown in data and still struggle to make a decision. Petrolink’s bet is that getting everyone onto the same feed can save money before the clever analytics even begin.
Vortexa Wants to Know What’s on That Ship
A tanker’s location is only the beginning. Vortexa turns cargo movements, storage levels and freight costs into intelligence for the people who trade the world’s energy.
KBC finds the money hiding in a refinery’s energy bill
The Yokogawa-owned company pairs process simulation with engineering advice to cut waste in energy and chemicals. Its most revealing lesson: even a good digital twin needs someone responsible for acting on it.
GDi Turned the North Sea's Messy Asset Records Into a Working Digital Twin
The clever part is not the 3D model. It is the handoff from a corroded pipe on-screen to an engineered, fabricated repair - without sending another measuring crew offshore.
AEGIS Turned the Oil Patch's Messy Hedge Desk Into a Marketplace
The Houston-area firm began with two traders, a 150-square-foot office and a printer still sitting on its box. Thirteen years later, its software and regulated market infrastructure sit between 700 commodity companies and the prices that can make or break their year.
Enverus Built a $6 Billion-Plus Data Machine for Energy Decisions Nobody Can Afford to Guess
A database built by oil-patch insiders became the operating intelligence behind wells, grids, invoices and billion-dollar bets. The clever part is not the dashboard - it is the network underneath it.
Imubit Put an AI on the Refinery Controls - The Bet Is Whether Operators Will Let It Drive
Most industrial AI stops at the dashboard. Imubit wants its reinforcement-learning models to touch the controls - a higher-stakes proposition now running across more than 100 applications in refineries, chemical plants, cement kilns and other process facilities.
How a Florida Archaeology Firm Became Big Energy's First Phone Call
SEARCH turned a federal compliance requirement into the largest cultural-resources firm in America - and helped find Shackleton's Endurance along the way.
He Built the Zillow for Land - Then Wood Mackenzie Bought the Whole Map
LandGate turned 200-plus public datasets into a value score for nearly every acre in America. Ten years later, the company that data centers and grid developers lean on to pick sites got bought by Wood Mackenzie.
CiNQ Builds the Rooms Where Industry Never Sleeps
The Dubai engineering group turns drawings into E-houses, offshore living quarters and chilled-water tanks - the quiet infrastructure that keeps power, people and data centers running.
The Firm That Bet on Boring and Made $41 Billion
Founded in 1984, Kayne Anderson built a $41 billion alternatives platform by specializing in the unglamorous middle market - oil wells, storage units, and student housing - where cash flow, not hype, does the talking.
The Denver crew that buys land nobody wants, drills it, and sells the whole thing for a billion
Founded in 2019, Avant runs one play over and over: aggregate the acreage bigger operators skip, turn it into producing wells, and monetize at the top of the cycle. Two exits and a billion-dollar fund later, the formula is holding.
The Oil Company That Thinks Like a Fund - and Drills Like an Operator
Silver Hill combines institutional underwriting with the messy, physical work of drilling wells and building pipelines. Fifteen years after a defining $2.4 billion exit, the Dallas firm is operating across three shale basins with a fresh $1.277 billion fund.
The Company That Pumps One of Every Nine Barrels on Earth
It struck oil at a well called Dammam No. 7 in 1938. Nearly a century later, Aramco still moves roughly one of every nine barrels the world burns - and is quietly betting billions that its next act runs on gas, chemicals and code.
Sytex
Sytex is an Argentine SaaS platform that digitizes and automates field infrastructure operations for telecom, energy, construction, and oil & gas teams. Companies use it to design workflows, run them in the field on a mobile app, verify evidence with AI, and turn every action into a single source of truth - replacing the Excel-and-email sprawl that slows down network rollouts and maintenance across nine-plus countries.
GeoSplit
GeoSplit is a high-tech oilfield services company that monitors oil, gas and water flows inside horizontal wells using quantum-dot marker-reporters and machine-learning interpretation. Instead of running mechanical logging tools downhole, operators deploy tiny fluorescent markers during well completion and later collect fluid samples that reveal, phase by phase, how each section of a well is producing - delivering years of production data without well intervention. Founded in 2013 and now headquartered in Dubai, the company serves upstream oil and gas operators seeking lower-cost, longer-term well diagnostics.
Groundup.ai
Groundup.ai is a Singapore-based industrial AI company that helps asset-heavy operators prevent unplanned machine downtime. It pairs proprietary, magnetic-mount IoT sensors - which capture vibration, temperature and sound - with an agentic AI platform called GINA to move maintenance from reactive firefighting to a predictive, self-monitoring discipline it brands as Cognitive Maintenance. Founded by serial entrepreneur Leon Lim, the company serves manufacturing, maritime, defense, oil & gas and infrastructure clients across Asia and the Middle East.
ignis H2 Energy Inc.
ignis H2 Energy is a Houston-based geothermal exploration and development company that applies oil-and-gas subsurface expertise, AI/ML prospecting and a technology-agnostic approach to find, prove and produce always-on geothermal power. Founded in 2021 by former Goldman Sachs banker Richard Calleri, the company is building a globally diversified, risk-balanced portfolio of geothermal projects across Turkey, the Western U.S. and Alaska, aiming for one gigawatt of documented producible reserves by 2030. It closed a $13.6M Series A round in June 2025.
MyPass Global
MyPass Global is an Australian B2B SaaS company that runs a worker-owned digital Skills Passport and compliance platform for highly regulated, high-risk industries such as mining, oil and gas, energy and construction. Workers store verified qualifications, licences, medicals and background checks in one place and grant employers permission to view them, while site owners and contractors get real-time visibility of workforce compliance. Founded by Matt Smith and headquartered in Perth and Sydney, the platform serves more than 1,500 organisations and over 160,000 verified workers, and raised a A$7.5M Series A led by OneVentures in February 2025 to expand across the Americas.
Qnergy
Qnergy is an Ogden, Utah cleantech manufacturer that builds Free Piston Stirling Engine generators to mitigate methane emissions at the source. Its PowerGen systems turn waste methane and other gaseous fuels into reliable, grid-quality remote power - and can destroy methane while doing it - serving oil and gas operators, landfills, livestock farms, and other off-grid sites worldwide. Led by cleantech veteran Ory Zik, the company has deployed thousands of units, abated millions of tonnes of CO2e, and is expanding into landfill gas abatement and voluntary carbon markets.
SeekOps Inc.
SeekOps is an Austin-based climate-technology company that mounts a NASA-derived laser methane sensor, the SeekIR, onto enterprise-grade drones to detect, locate, quantify, and report methane emissions for energy, renewable natural gas, and waste operators. Spun out of NASA's Jet Propulsion Laboratory in 2017, its drone-agnostic Leak Detection and Quantification (LDAQ) systems help operators meet regulatory frameworks such as OGMP 2.0, EPA rules, and the EU Methane Regulation, and have been deployed onshore and offshore for majors including bp, Shell, TotalEnergies, and Equinor.
CruxOCM
CruxOCM is a Calgary-based industrial automation company building software that gives energy control rooms an 'adaptive cruise control' for their pipelines. Its robotic industrial process automation (RIPA) platform runs on top of existing SCADA and DCS systems to automate complex, procedure-heavy operations - starting and stopping pumps, holding steady flow, reducing drag - so operators can run the same assets with more throughput, lower operating costs, and improved safety, all while keeping a human in the loop.
iQ3Connect
iQ3Connect is a Woburn, Massachusetts company that runs a web-based XR platform for enterprise training and 3D collaboration. Its no-code tools let manufacturers turn existing CAD, digital-twin, and point-cloud data into interactive VR, AR, desktop, and mobile experiences that open in a standard browser - no app install required. Founded in 2017 out of MIT research by Ali Merchant, the company serves aerospace, automotive, manufacturing, and oil and gas customers with immersive assembly training, safety procedures, remote design reviews, and multi-user virtual classrooms.
Promethean Energy
Promethean Energy is a Houston-based, asset-light oil and gas operator that specializes in the late-life management and responsible decommissioning of mature offshore assets, primarily in the Gulf of Mexico. Founded in 2022 by MIT-trained Aditya Singh, the company pairs an integrated operator-plus-service model with drone-based visual intelligence and diagnostic technology to plug orphaned wells, retire aging platforms, and extract remaining value from fields others have written off - safely, under budget, and on a schedule.
ResFrac Corporation
ResFrac Corporation builds the industry's only fully coupled hydraulic fracturing and reservoir simulator, letting energy engineers model the full life of a well - from the first crack in the rock to years of production - in one continuous physics-based simulation. Founded in 2015 by Stanford-trained engineer Mark McClure, the Palo Alto company is used by over 35 operators and 50 institutions worldwide across shale, conventional and enhanced geothermal plays.
ControlRooms.ai
ControlRooms.ai is an Austin-based industrial AI company that builds an AI-assisted troubleshooting platform for heavy industry - chemical, energy, and materials producers. Instead of relying on static, pre-programmed rules, its software learns a plant's normal behavior on its own and flags anomalies in real time across thousands of sensor parameters, helping operators catch small problems before they become unplanned trips, flaring events, or costly downtime. Founded in 2021 by serial AI entrepreneur Monte Zweben and Omar Talib, the company raised an oversubscribed $10M Series A in 2023 led by Origin Ventures and is live at industrial leaders including OCI Global and Ardagh Group.
BioSqueeze Inc.
BioSqueeze Inc. is a Butte, Montana company and the self-described world leader in commercial biomineralization. Its core technology pumps low-viscosity, self-diverting fluids carrying naturally occurring soil bacteria into oil and gas wells, where the microbes precipitate crystalline calcium carbonate (limestone) to permanently seal leakage pathways as small as one micron. The result is a gas-tight barrier that eliminates sustained casing pressure and stops fugitive methane emissions, helping operators meet well-integrity and environmental obligations across producing, plugged, and storage wells.