An oil service company that is the largest provider of fracture monitoring services in the world.
Displaced legacy oil and gas technologies. Potential to help shale oil and gas drillers disrupt coal industry and renewable energy industry growth.
CEO: Peter Duncan
Year Founded: 2003
Number of Employees: 300
Funding: $7 million
Key Investors: Altira, RockPort Capital Partners, Madrone Capital Partners, TA Associates and CTTV Investments (Chevron venture group)
- 46 percent compound annual growth rate since 2009
- Projecting $125 million in revenue by 2015
- 30 percent EBITDA margin
- Clients include Anadarko, Apache, BHP Billiton, BP, Chesapeake Energy, PetroChina, Sinopec, ExxonMobil, Statoil and Total