NITEC LLC

Innovative Solutions for Reservoir Decision Support

General Information
Company Name
NITEC LLC
Founded Year
1995
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
24
Industries
Oil and Gas
Funding Stage
-
Social Media

NITEC LLC - Company Profile

NITEC LLC is an oil and gas startup that has been providing innovative solutions for reservoir decision support since its inception in 1995. The company specializes in various areas including unconventional reservoir evaluation, carbon capture and sequestration, gas storage modeling, integrated reservoir studies, and reservoir characterization. With a strong commitment to utilizing, designing, and developing new technologies and workflows, NITEC aims to quickly adapt to the emerging challenges of the industry and provide technical solutions. The company's expertise in unconventional reservoir evaluation involves physics-based unified modeling of hydraulic fracturing and reservoir flow, addressing factors such as well placement, hydraulic fracturing optimization, and EOR design and implementation. In the area of carbon capture and sequestration, NITEC focuses on de-risking geology, gas migration control, infrastructure decision support, and assessing EOR potential in unconventional and mature oil fields. Additionally, NITEC offers modeling of underground gas storage in aquifers, depleted oil, and gas fields, including material balance, simulation, and integrated studies. NITEC's key offering is the management and performance of fully integrated studies, emphasizing the importance of integrating characterizations from each of the four scientific disciplines: geophysics, geology, petrophysics, and reservoir engineering for conventional and unconventional reservoirs. The company also specializes in reservoir characterization, including geological modeling of sand deposition and fracture characterization to define vertical/horizontal connectivity. Overall, NITEC LLC has established itself as a reputable player in the oil and gas industry, providing cutting-edge solutions to optimize asset value and address the industry's evolving challenges.

Taxonomy: reservoir decision support, unconventional reservoir evaluation, carbon capture and sequestration, gas storage modeling, integrated reservoir studies, reservoir characterization, data integration, reservoir engineering, reservoir simulation, reserve management, EOR design, CCSU design, gas injection, technical expert reports, oil and gas consulting

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