Intelligent Wellhead Systems

Optimizing completions with software, sensors, controls and best practices. #safercompletions | #bettercompletions

General Information
Company Name
Intelligent Wellhead Systems
Founded Year
2011
Location (Offices)
Houston, United States +4
Founders / Decision Makers
Number of Employees
129
Industries
Energy, Industrial, Manufacturing +1
Funding Stage
Corporate Round
Social Media

Intelligent Wellhead Systems - Company Profile

Intelligent Wellhead Systems, based in the United States, is focused on optimizing completions with their proprietary inVision™ Technology Platform. This platform, which incorporates software, sensors, controls, and best practices, is rented to oil and gas companies on a daily, monthly, or annual basis. The company, founded in 2011, has gained recognition for its impactful technologies, with more than 45,000 successful stages completed without incidents. Notably, their Digital Handshake™ and Digital Completion Twin™ technologies have led to significant improvements, including a 55% reduction in frac valve activation time and a 59% decrease in wireline valve action times. The latest innovation, Digital Valve Control™, further contributes to operational efficiency and personnel safety. In December 14, 2022, the company secured a $17.90M Corporate Round investment from Pason Systems. Their focus on enhancing safety and efficiency in the oil and gas industry positions them as a compelling prospect for potential investors.

Taxonomy: Oil and Gas Industry, Digital Safety Technology, Efficiency Workflow Technologies, Surface Control Systems, Pressure Control Systems, Digital Oilfield, Edge Computing, Smart Workflows, Sensor-driven Data, Completion Technologies, Frac Valve Activation, Wellhead Systems, Operational Risk Reduction, Digital Twin Technology

Funding Rounds & Investors of Intelligent Wellhead Systems (2)

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Funding Stage Amount No. Investors Investors Date
Corporate Round $17.90M 1 Pason Systems 14 Dec 2022
Venture Round $35.00M 2 Werklund Capital, Pason Systems 03 Oct 2019

Latest News of Intelligent Wellhead Systems

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No recent news or press coverage available for Intelligent Wellhead Systems.

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