This article showcases Startup Pill’s top picks for the best Oil and Gas startups. These startups are taking a variety of approaches to innovating inside of the Oil and Gas industry and around the world. They are all exceptional startups well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
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Top Oil and Gas Startups
M1neral is building the first all-in-one transaction management platform for minerals and royalties. M1neral’s platform offers a robust spatial search tool to identify opportunities and promote collaboration amongst all parties in the transaction process – from buyers and sellers to service providers and financial institutions.
The built-for-purpose platform aims to drastically cut cycle times and allow transactions to be completed faster, better, and smarter than ever before.. .
Acoustic Wells offers industrial IoT solutions to maximize oil field efficiency. It uses sensing technologies and proprietary algorithms to reduce environmental impact.
It builds an IoT system that can operate and last even in the most remote, toughest conditions. The company helps reduce the need for the painstaking task of daily inspection of wells while providing operators much more fine-grained, actionable data..
C-Zero develops a natural gas decarbonizing technology designed to avoid the generation of carbon dioxide from energy processing. The company’s technology removes the carbon from natural gas so that energy consumers can enjoy zero-emission, low-cost energy on demand.
It uses high-temperature catalytic melt systems to break down methane, the primary molecule in natural gas, into hydrogen and solid carbon.. .
Miraex develops, manufactures and offers photonic and quantum solutions for next generation sensing, networking and computing. Our industrial sensing solutions prevent asset failure before it happens in the most demanding environments, where standard electronic sensors do not work.
At Miraex, we also build quantum integrated circuits for high sensitivity measurements and distributed quantum computing infrastructures.. .
Eusorone Technologies is a Delaware petrochemical logistics tech Corporation committed to innovation in the Transportation & Logistics industry. Eusorone embodies its core values with a human-centric approach to research & development.
Our greatest asset is the DNA of our adventure; our catalyst, and our people. Our platform EusoTrip is a disruptive decentralized digital job-sharing & freight brokerage marketplace for the midstream sector in the oil & gas industry.
EusoTrip digitizes the movement of bulk carrier loads, significantly improving replenishment time and providing a faster collection of receivables by utilizing machine learning, blockchain tech, and ethereum based smart contracts assets.. .
Actual Energy offers a wide array of services aimed at using energy smarter. It provides dynamic electricity pricing and innovative value-added services.
With Actual Energy, consumers can optimize their energy consumption while reducing costs and carbon emissions. With its platform, users can see when and how much energy they use and how pricing at each hour is derived.
The company was founded in 2020 and is headquartered in Sandwich, Massachusetts.. .
Antelope Water Management
Antelope Water Management partners with the oil & gas and mining industries to deliver water infrastructure, treatment, sourcing, and disposal services. The company water solutions are tailored to meet the evolving environmental and economic challenges facing the extractive industries today.
It helps operators lower their freshwater footprints, improve field-level economics, and enhance their environmental and local stewardship. Antelope Water Management specializes in water reuse and recycling, incorporating data analytics, and places an emphasis on landowner and local stakeholder relations.
They actively monitor the water challenges in the mining industry and believe the third party led sustainable water solutions will be critical for the mining industry to play a role in the energy transition. It was founded in 2019 and is based in Austin, Texas, United States..
EnviCore is a growing R&D company offering innovative and sustainable wastewater treatment solutions. EnviCore’s developed technologies have the potential to introduce a step-change in the holistic approach of the mining tailings treatment.
Providing a low cost and environmentally friendly alternative, coupled with the superior performance and efficiency, which can change the adverse narrative associated with mining waste and its environmental impact and help mining operators achieve new resource developments more responsibly.. .
United Exploration is an oil and gas investor managing oil and gas investment partnerships that generate cash flow for their partners. It acquires and develops oil and gas properties in an effort to generate consistent and reliable income for its partners.
Its mission is to identify investment opportunities that provide minimal risk and, at the same time, the potential for high returns. The partnerships that they manage allows accredited investors to take advantage of many benefits that go along with oil and gas investments.
The firm Morgan established by Morgan O’Neal and Jacob Jackson in Grapevine, Texas in 2019.. .
Black Start, LLC
Black Start, LLC is an industrial contractor with a specialization of combined cycle power plant support. We provide multi-discipline technicians for industrial start-up, commissioning, and outage field services.
Our personnel are field capable and can be utilized for turn-key projects, SME consultant services, and project management. We are a veteran owned business and based in the Pacific Northwest.
Please visit our website for more information.. .
Xenom Energy is reviving petroleum supply chain in Africa thorugh providing a B2B marketplace for easy access to petroleum products in Africa. By connecting independent fuel station owners to Oil Marketers through our tech-enabled and operations driven platform.
Fixing inefficient supply chains for the independent station owners and providing a sales platform where Oil marketers can easily sell out their petroleum products. We also provide credit, branding services and expansion loans to both oil marketers and independent station owners for their stations.
We are currently operating in Kenya, Uganda, DRC Congo and South Sudan.. .
South Plains Petroleum
South Plains Petroleum, Inc. is an oil and gas “production” company which utilizes modern technology to re-evaluate data from old and abandoned wells thereby taking advantage of previous operators’ exploration efforts to find new and/or remaining reserves.
Their philosophy dramatically reduces risks and investments thus increasing potential profits. They are in the process of revitalizing substantial assets from 2 successful oil and gas companies located in West Central Texas and Louisiana..
Plastogaz is a company specializing in natural gas production from waste resources. It aims to produce a natural gas that can be used as a fuel or to produce new synthetic materials.
Their technology relies on a patented catalyst and mitigates wastes plastics and greenhouse emissions. Plastogaz was founded in 2019 and is headquartered in Lausanne, Vaud, Switzerland..
Artificial Intelligence Systems Company (AISC)
Artificial Intelligence Systems Company (AISC) is a leader in the Middle East’s engineering, technology, and consulting space. With comprehensive industry experience, we work with organizations to help them realize their business potentials and deliver on their customers’ promises.
Our sole goal is to help our clients innovate and lead their businesses. AISC believes in uniting people and technology to provide solutions that deliver value, year after year..
STRYDE is a new kind of seismic company, reinventing subsurface imaging. A breakthrough in small, low cost, high density receiver technology, enabling exploration of our planet’s subsurface at high resolution.
With STRYDE, the constant trade-offs companies and governments make between cost, pace and quality – that prevent them from mapping the ground beneath – are broken forever. Our focus today is unlocking seismic for everyone: oil and gas, mining and renewables; seismic acquisition with a much lower environmental footprint and a reduced risk to people..
GZX® by GZ Energy, LLC is an industry leading custom-built software that eliminates market friction and ushers in a new era of emissions trading for separated (K2) Renewable Identification Numbers (RINs), California Low Carbon Fuel Standard (LCFS) credits, and Oregon Clean Fuels Program (CFP) credits. The platform’s advantages and features were designed by a former trader to provide market participants with a modern way in which to efficiently transact compliance credits for physical bilateral settlement off platform.
• Broker and Frustration Free Trading • Customizable RIN Generator Lists • Firm Orders and Market Depth – No Ambiguity • Anonymous, Discreet Trading • Transparent and Filterable Market Trade History. .
Sensorise develops and manufactures intelligent machine components for continuous monitoring and predictive maintenance. The Sensorise SmartScrew System increases operational safety, decreases maintenance costs, and extends equipment lifetime.
Sensorise SmartScrews are suitable for both new-builds and retrofits. They are standard screws with a wire sensor, as thin as a hair, integrated into the base of the thread, and exhibit the same mechanical properties as standard screws and bolts.
The SmartScrew is designed for harsh environmental conditions. The sensor element is completely passive, eliminating the risk of failed active electronic components inside the mechanical part.
The system was created for applications in wind power, offshore infrastructure, and large-scale machinery.. .
In-Pipe Robot provides inspection and analysis service of industrial and main pipelines of any configuration by self-designed robots. Our clients are companies from the following markets: a) Energy (Thermal and Renewable); b) Utility and Housing; c) Oil and Gas; d) Construction; e) Pipes manufacturing; f) Chemical.
The key features of our robots are: a) High Maneuverability; b) Velocity; c) Combined inspection (Teleinspection + Magnetic control). These features allow to save up to 55% of the costs and up to 33% of the time on pipeline maintenance..
Blue Ocean Seismic Services
Blue Ocean Seismic Services is an oil and energy company that specializes in low cost and reduced carbon emission ocean bottom seismic acquisition. The company uses swarms of long-endurance autonomous self-repositioning nodes to collect high-quality OBS data whilst reducing carbon emissions, HSSE risks, survey duration, and cost.
It was founded in 2019 and headquartered in Farnborough, England.. .
www.gzenergyllc.com| www.thegzx.com • Our innovative GZX® software as a service (SaaS), provides renewable energy market participants with the new standard in which to trade separated (K2) Renewable Identification Numbers (RINs), California Low Carbon Fuel Standard (LCFS) credits, and Oregon Clean Fuels Program (CFP) credits without the participation of a broker. The electronic platform’s advantages and features were designed to provide market participants with a modern way in which to efficiently transact emissions credits for physical bilateral settlement off platform.
• Our GZ Energy® voice-brokerage services brings buyers and sellers together for physical renewable fuels, namely biodiesel.. .
NGV Global Group
NGV Global Group is a global technology company that designs, manufactures, distributes and supports natural gas-operated medium and heavy-duty commercial vehicles sold worldwide. It manufactures natural gas engines, fuel storage units and fueling systems for application in its own products and for sale to third party companies interested in the conversion of trucks and buses to operate on natural gas completely (dedicated) or in conjunction (duel-fuel) with diesel fuel.
The company was founded in 2019 as a Nevada corporation to capture the synergy of several complementary businesses in the natural gas segment that can work together efficiently to advance overall company performance.. .
Our expertise across diverse technologies and domains enables us to engage at any point in software or digital solution life cycle. From requirement gathering to legacy software maintenance, our unique product management lead development philosophy focused on user engagement and business value drivers to ensure our customers meet and exceed their goals.
Apex Peak™ has rich experience in product engineering and consulting for startups, small businesses and Fortune 500 companies. We take products from idea to POC to prototype to launch and everything in between.
We offer custom application development as well as production support for existing solutions. Our unique product management first approach enables us to avoid the many pitfalls of outsourced development, to deliver projects on schedule that do much more than just check the boxes..
Quantitiv removes geographical barriers and lowers costs by connecting clients to expert consultants around the world. We’re on a mission to make sure every project in the construction, energy and petrochemical industries has access to highly-skilled commercial professionals at an affordable cost.
Our network is global, meaning clients have access to experts in different cities and even countries; saving themselves time and money while accessing a global talent pool.. .
PetroBot Technologies develops and operates robots to automate infrastructure inspections. We are building an inspection robot called PetroBot ITIS Mark-1 to inspect operational chemical/petroleum storage tank floor plates and other internal surfaces for metal loss due to corrosion.
It is remotely operated robotic inspection tool which can inspect the condition of tank internals without any shut down of storage tanks, no need to clean the tanks, no environmental pollution due to non-generation hazardous waste, no human entry into confined space, saving on downtime and repair cost to tank owners.. .
What is EnergyExpert? A knowledge platform that provides market intelligence and learning, exclusive to the Energy industry. We support Energy industry companies to find digital solutions suited to their operations.
How does EnergyExpert work? Users access EnergyExpert through a secure portal, where they can directly search for and discover digital solutions relevant to their operations. For each solution, employees can access related learning content such as videos, reports, and courses.
Let’s take an example: An oil & gas operator with offshore facilities can find all digital solutions related to remote equipment surveillance. The operator’s employees can then learn more about remote surveillance solutions through videos and reports, and even find appropriate training.
Which sectors does EnergyExpert cover? We cover the Oil & Gas, Power, & Renewable Energy sectors, and any provider of Digital Solutions to these sectors. Who is EnergyExpert designed for? EnergyExpert is designed for companies (operators, national & international companies, marketers, traders, tech developers, …), institutions (training & course providers, research centres, knowledge houses, educational institutions, …), and independent professionals.
How can I sign up! A free trial can be requested on energyexpert.mePlatform go-live is January 2020.. .
Oil and Gas Consultant Magazine
Oil and Gas Consultant is a monthly magazine dedicated to providing useful information and resources for consultants in the oil and gas industry. Our mission is to make our readers the best consultants in the field.
The direction our industry is moving and its continuing growth is the main focus of our magazine. We are constantly striving to produce the best possible results for every aspect of the job by giving our readers valuable information and advice that will help propel them further and strengthen their skill set..
Fypion – Marketing & Consulting
Fypion is a full-service Marketing and Business consulting firm, specializing in Oil and Gas, Petrochemicals, Automotive and Technology. It relies heavily upon marketing, advisory and project management skills gained over a period of five years of business-to-business marketing communications.
We offer an impressive portfolio of marketing and professional consulting services that are completely customizable for your business. Whatever your needs may be, we can make it happen.
Get in touch with us today.. .
Our company was built upon the idea of creating unicorns: individuals who are industry specialists, who understand statistics, and who can effectively code. daytum’s platform is centered around specializing in the energy industry, building partnerships with universities and leading companies, and leveraging open-sourced tools to encourage innovation and to maximize accessibility and collaboration.
We offer a range of educational courses and enterprise solutions that are designed to help you learn the Python data science ecosystem, advanced statistics, machine learning, and software engineering. You will learn these skills by using your fingers and building models and dashboards using tangible oilfield / energy industry data sets and databases..
Bear Grid Inc is Start Up company developing technical solutions for security and surveillance systems based on sound, tone and noise Artificial Intelligence classification. Our team includes AI and sound engineers, algorithm engineers, physics of sound consultants and hardware genius team.
We aim to change the perception of home security systems, making them smarter. Currently we are looking for experts, partners and investors who will help us to broke into $50B security market!.
ASDRO (Advanced & Specialized Drone Solutions) combines geo-data for a quick interpretation of the surface and the subsurface using precise and efficient drone technology. ASDRO works with drone photogrammetry and is specialized to the use of geophysical sensors to create precise evaluations of the subsurface.
ASDRO is a spin-off from the Department of Geophysics at Münster University by Julian Beautemps (CEO) and Alexander Weyer (CTO).. .
Marcel Kooter Ltd.
At Marcel Kooter Ltd., we help companies operating in the oil and gas industry create value and pursue strategic growth in a complex and volatile market. Based in Amsterdam, London and Dubai, Marcel Kooter Ltd.
works with organisations on a consultancy basis, working to develop the right strategies to yield a competitive and enduring advantage. Combining both technical and functional expertise, we specialise in creating value and transforming business from transactional to strategic, adopting a more customer-centric approach.
Using data and harnessing the power of digitalisation we can help you come to better decisions, resulting in improved customer outcomes and experiences. Strategic growth is one of the primary aims of Marcel Kooter Ltd., delivering profitable growth to organisations within the global oil and gas industry by adopting a tailored growth strategy in line with the business vision and mission.
Planning, analytics and performance analysis go hand in hand with engagement and mobilisation, identifying key areas for expansion of technological capability and opportunities for active investment. The team at Marcel Kooter Ltd.
works with clients to unlock significant value and respond to changes in a volatile market, bringing global experience and insights with a proprietary approach. We have vast experience of exploring the key challenges and opportunities facing the oil and gas industry today, including price volatility, operating models, supply chain, cost and productivity.
Implementation of the right organisational and strategic change – backed with this fundamental market knowledge – has been proven to drive strong revenue growth and better management of the customer-facing side of the business.. .
Templeton Apus is a digital media and intelligence company that has developed a specialist news and intelligence platform called Templeton Apus – Universal (TA-U). TA-U provides an essential information advantage to clients worldwide in markets across 47 sectors and industries.
These sectors are as wide ranging as renewable energy to mining, healthcare to hi-tech, agribusiness to banking, and aerospace to chemicals. In 2019 Templeton Apus launched its Cancer Stat intelligence service, providing patients and healthcare professionals with 24/7 news, updates and research covering cancer news, clinical trials, and drug and treatment developments worldwide.
Templeton Apus is part of Krixos GmbH, a holding company based in Vienna that specialises in creating life changing benefits for its clients worldwide.. .
LPC Crude III
LPC Crude III is an oil and energy company that features an integrated Permian basin crude oil marketing platform providing purchasing at the lease. It specializes in gathering lines and truck fleet with ultimate delivery to sales markets.
The company was founded in 2019 and headquartered in Midland, Texas.. .