PGI Technologies

Oil, Gas, and Mining • Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates • 1-10 Employees

Company overview

Headquarters	Hub 71, Al Khatem Tower, Al Maryah Island, ADGM Square, 14th Floor, Abu Dhabi, 935820, AE
NAICS	21
Employees	1-10

Key Contact at PGI Technologies

Ilya Galas

Chief Executive Officer

About PGI Technologies

This is a radial drilling system that can drill 4 hyper-short radius channels of 2-3/4" OD at the same TVD in an old or new wellbore. All channels can be surveyed and logged with resistivity and gamma ray. All channels can be re-entered, as necessary. This allows any near wellbore damage to be bypassed to allow stimulation of the undamaged reservoir, or access to bypassed reserves behind casing, or recover attic oil reserves should that be the objective. Multi-point and selective acid stimulation capabilities and have sand-screens available for their channels if needed. This is a unique EOR and IOR solution that is also being adapted to enhance, or even replace in some circumstances, fraccing operations on tight reservoirs.

PGI Technologies revenue & valuation

Annual revenue	$342,220
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Oil, Gas, and Mining industry and current estimated revenues	$1,100,000
Total funding	No funding