Ingrain, Inc.

Ingrain, Inc.
Industry	Oilfield services; Geophysical imaging
Fate	Acquired by Halliburton
Founded	2007
Defunct	July 2017
Headquarters	Houston, Texas, United States
Key people	Helge Tveit, Chairman; Marcus Ganz, CEO; Barry Stewart, CFO; Boaz Nur, VP of Ops

Ingrain, Inc. operated digital rock physics laboratories in Houston, Brazil, Colombia, and Abu Dhabi with imaging technology that allowed it to compute the physical properties and fluid flow characteristics of rocks from petroleum reservoirs, including porosity, absolute and relative permeability, electrical resistivity and conductivity, and elasticity.

Financial backers included Energy Ventures, a venture capital firm specializing in upstream technology.[1]

History

The company was co-founded in 2007 by Amos Nur, Ph.D., Jack Dvorkin, Ph.D., William Bosl, Ph.D., and Henrique Tono, Ph.D.

In 2009, the company formed a partnership with Knowledge Reservoir.[2]

In August 2012, the company was awarded a contract by the Colombian government’s National Hydrocarbons Agency to digitize, characterize, and catalog the high-volume of core in storage to better assess its hydrocarbon potential.[3][4] Ingrain partnered with Carl Zeiss AG on the project.[5]

In July 2017, the company was acquired by Halliburton.[6]

References

"Ingrain Completes Board of Directors, Grows Executive Team" (Press release). Business Wire. April 7, 2008.
"Knowledge Reservoir, Ingrain form strategic alliance". Offshore Magazine. January 28, 2009.
"Ingrain Lands Contract To Study Colombia Repository". Hart Energy. August 16, 2012.
"Ingrain awarded major contract to characterize Colombian repository core" (Press release). PR Log. August 16, 2012.
"Carl Zeiss and Ingrain to provide core characterization for Colombian hydrocarbon extraction". World Oil. August 23, 2012.
"Halliburton Beats Expectations, Expects Shale Boom To Recede In 2018". Forbes. July 25, 2017.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[1] "Ingrain Completes Board of Directors, Grows Executive Team" (Press release). Business Wire. April 7, 2008.

[2] "Knowledge Reservoir, Ingrain form strategic alliance". Offshore Magazine. January 28, 2009.

[3] "Ingrain Lands Contract To Study Colombia Repository". Hart Energy. August 16, 2012.

[4] "Ingrain awarded major contract to characterize Colombian repository core" (Press release). PR Log. August 16, 2012.

[5] "Carl Zeiss and Ingrain to provide core characterization for Colombian hydrocarbon extraction". World Oil. August 23, 2012.

[6] "Halliburton Beats Expectations, Expects Shale Boom To Recede In 2018". Forbes. July 25, 2017.