Paulsson

Overview
Oil & Gas Tech?
Product stageSegments
Go-to-Market
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Monitoring and management (Upstream & Midstream)
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Paulsson specializes in fiber optic sensing solutions for clean energy and enhanced hydrocarbon recovery applications. The company's technology focuses on all-optical distributed and point sensors, particularly for use in challenging environments. Paulsson's Ultra High Temperature Sensors (UHTS) are designed to characterize sub-surface reservoirs and monitor supercritical steam in Enhanced Geothermal Systems (EGS). The company also develops sensors for GREEN H2 storage, Underground Gas Storage (UGS), and Carbon Capture Utilization and Storage (CCUS) projects. These sensors aim to characterize, monitor, and safeguard underground reservoirs used for storing various gases, including hydrogen, methane, and carbon dioxide. In the UGS sector, the company's technology supports over 400 sites and 15,000 wells. For the CCUS industry, Paulsson's solutions are positioned to support the projected drilling of 14,000 wells in the US by 2050.

In the field of Enhanced Oil Recovery (EOR), Paulsson focuses on borehole seismic technology. The company aims to improve the recovery factor of oil fields, which historically has averaged around 35% worldwide. By providing high-resolution and accurate depth-imaging of oil and gas reservoirs, Paulsson's technology seeks to increase this recovery rate. This approach aligns with the goal of maximizing output from existing reservoirs, potentially reducing the need for new well drilling and minimizing environmental impact in oil and gas development and production.

HQ location:
Van Nuys CA USA
Founded year:
2010
Employees:
11-50
IPO status:
Private
Total funding:
USD 206.5 k
Last Funding:
USD 206.5 k (Grant; Dec 2023)
Last valuation:
-
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Product Overview
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Company profile
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