Fracture ID

📍 Denver, United States🗓 Founded 2014👥 16 employees💰 Last funded Jul 2016
Fracture ID's patented Drillbit Geomechanics™ technology allows operators to understand the rock mechanics and geology of their reservoir by measuring how the bit interacts with the rock. Once operators know their reservoir conditions they can begin improving completions strategies to reduce both costs and well to well interaction. Having high resolution, robust data along every well allows operators to optimize development strategies such as defining landing zones and frac barrier interaction. The end goal is to have a proactive industry that gets more hydrocarbons out of the earth at reduced cost and with less risk.
1
Total investors
1
Early stage
0
Mid stage
0
Late stage
2014
Founded
Investor geography1 country
United States
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Frequently asked questions
Who invested in Fracture ID?
Fracture ID has 1 investors on record on gritt.io, including 1 early-stage backers.
When did Fracture ID last raise funding?
The most recent investment in Fracture ID recorded on gritt.io was in July 2016.
When was Fracture ID founded?
Fracture ID was founded in 2014.
What industry is Fracture ID in?
Fracture ID operates in Oil and Gas. Find similar Oil and Gas investors on gritt.io.
Where is Fracture ID based?
Fracture ID is headquartered in Denver, United States.