


Geomec
Oil, Gas, and Mining • Stavanger/Sandnes, Rogaland, Norway • 11-20 Employees
Company overview
| Headquarters | Stavanger/Sandnes, Rogaland, Norway |
| Phone number | +4792806586 |
| Website | |
| NAICS | 211 |
| SIC | 871 |
| Keywords | CO2, Disposal, Injection Wells, Petroleum Geomechanics, Pressure-Support, Shale Stimulation, Subsurface (Well & Reservoir) |
| Founded | 2002 |
| Employees | 11-20 |
| Socials |
Key Contacts at Geomec
Frederic Santarelli
Chief Technology Officer
Francesco Sanfilippo
R&D Director
Geomec Email Formats
Geomec uses 1 email format. The most common is {first initial} (e.g., j@geomec.com), used 100% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial} | j@geomec.com | 100% |
About Geomec
Geomec has worked tirelessly since 2002 to find innovative solutions for the oil and gas industry. Our products and services always try to minimise the impact on the environment through innovative technology. Geomec offers Software as a Service (SaaS) with technical-engineering support, for Improved Oil Recovery (IOR). We are specialised in injection monitoring & analysis, emphasising on recovery rates and safe injection. We reduce the environmental impact whilst increasing the profit. ***** Company Geomec Engineering (Stavanger, Norway & London, UK) provides subsurface injection services, for Oil & Gas operators worldwide ***** Service GeoTool Inject is a monitoring & analysis software with technical support, for disposal, pressure-support and shale-stimulation injection wells Geomec Injection Center offers dedicated technical support-services, including field & well planning, operational follow-up and problem solving ***** Value Proposition Geomec delivers enhanced visibility & control for injection wells, by converting well & reservoir data into operational information, ensuring optimized production & safety, cost-savings and automation ***** Latest News Geomec is currently commercialising a serviced-software for optimising water pressure-support, through a Demo 2000 project together with leading NCS and UKCS operators and stakeholders. This represents a completely new approach to obtain accurate real-time information about the subsurface (well & reservoir) response to well-specific changes during an injection operation. The results is a strong increase of injection-efficiency compared with current standards (by 15-20%), consequently leading to an increase in the ultimate oil recovery across the NCS and UKCS by 5-10%. By reducing the operational time and decreasing the dependency on peripherals, as well as preventing subsurface injection leakages, the Geomec solution also has a strong cost and safety impact.
Geomec revenue & valuation
| Annual revenue | $14,000,000 |
| Revenue per employee | $1,273,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Oil, Gas, and Mining industry and current estimated revenues | $44,800,000 |
| Total funding | No funding |
Employees by Management Level
Total employees: 11-20
Seniority
Employees
Employees by Department
Geomec has 9 employees across 5 departments.
Departments
Number of employees
Funding Data
Geomec has never raised funding before.
Geomec Tech Stack
Discover the technologies and tools that power Geomec's digital infrastructure, from frameworks to analytics platforms.
Web servers
Cookie compliance
Caching
Miscellaneous
Hosting
Font scripts
Frequently asked questions
4.8
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