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Intelligent Wellhead Systems

123 employees

Intelligent Wellhead Systems designs, tests, manufactures and deploys proprietary and unique digital safety and efficiency workflow technologies for oil and gas well completion operations. Our inVision™ Technology Platform is rented on a daily, monthly, or annual basis to help oil/gas and oilfield service companies reduce operational risk, lower the total cost of operations, and improve uptime. InVision software, sensors, controls, and best practices have helped deliver more than 45,000 stages without a single cut wireline, well shut-in, pressure control, or safety incident. Thanks to the inVision Digital Handshake™ and Digital Completion Twin™ technologies, reduced frac valve activation time has reached 55 percent, and wireline valve action times have been cut by 59 percent. Well swap times on some pads have been cut in half and a continuous pumping record of 76 hr has been achieved. Digital Valve Control™ technologies are the latest innovation that keeps personnel out of the red zone and improves operational efficiency and reliability.

Investor insights

Funding rounds participated in

$13M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Oil and Gas

Sectors

Oil and Gas

Date founded

2011

Funding rounds raised

Total raised

$13M

from 1 investors over 1 rounds

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Intelligent Wellhead Systems raised $13M on January 14, 2023

Investors: Pason Systems

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