Ingrain, Inc.

Last updated
Ingrain, Inc.
IndustryOilfield services
Geophysical imaging
FateAcquired by Halliburton
Founded2007;12 years ago (2007)
DefunctJuly 2017;2 years ago (2017-07)
Headquarters Houston, Texas
Key people
Helge Tveit, Chairman
Marcus Ganz, CEO
Barry Stewart, CFO
Boaz Nur, VP of Ops
Website ingrainrocks.com/   OOjs UI icon edit-ltr-progressive.svg

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.

Laboratory Facility that provides controlled conditions in which scientific or technological research, experiments, and measurement may be performed.

A laboratory is a facility that provides controlled conditions in which scientific or technological research, experiments, and measurement may be performed. Laboratory services are provided in a variety of settings: physicians offices, clinics, hospitals, and regional and national referral centers.

Houston Largest city in Texas

Houston is the most populous city in the U.S. state of Texas, fourth most populous city in the United States, as well as the sixth most populous in North America, with an estimated 2018 population of 2,325,502. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth most populous metropolitan statistical area in the United States and the second most populous in Texas after the Dallas-Fort Worth metroplex, with a population of 6,997,384 in 2018.

Brazil Federal republic in South America

Brazil, officially the Federative Republic of Brazil, is the largest country in both South America and Latin America. At 8.5 million square kilometers and with over 208 million people, Brazil is the world's fifth-largest country by area and the fifth most populous. Its capital is Brasília, and its most populated city is São Paulo. The federation is composed of the union of the 26 states, the Federal District, and the 5,570 municipalities. It is the largest country to have Portuguese as an official language and the only one in the Americas; it is also one of the most multicultural and ethnically diverse nations, due to over a century of mass immigration from around the world.

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., 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]

Carl Zeiss AG German manufacturer of optical systems

Carl Zeiss AG, branded as ZEISS, is a German manufacturer of optical systems and optoelectronics, founded in Jena, Germany in 1846 by optician Carl Zeiss. Together with Ernst Abbe and Otto Schott he laid the foundation for today's multi-national company. The current company emerged from a reunification of Carl Zeiss companies in East and West Germany with a consolidation phase in the 1990s. ZEISS is active in four business segments with approximately equal revenue, Industrial Quality and Research, Medical Technology, Consumer Markets and Semiconductor Manufacturing Technology in almost 50 countries, has 30 production sites and around 25 development sites worldwide.

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

Halliburton Company is an American multinational corporation. One of the world's largest oil field service companies, it has operations in more than 70 countries. It owns hundreds of subsidiaries, affiliates, branches, brands, and divisions worldwide and employs approximately 55,000 people.

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References

  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.