Ziebel

Ziebel

Real time understanding of well and reservoir.

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DateInvestorsAmountRound
-investor

€0.0

round
N/A

€0.0

round

$10.0m

Late VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues0000000000000000000000000000
% growth27 %(94 %)-----
EBITDA0000000000000000000000000000
% EBITDA margin(96 %)692 %-----
Profit0000000000000000000000000000
% profit margin(193 %)1743 %--42 %--
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Dealroom estimates

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More about Ziebel
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Ziebel positions itself as a specialized technology and service entity within the global oil and gas industry, concentrating on delivering high-value measurements to enhance reservoir recovery. Founded in Stavanger, Norway, in 2006 by seasoned experts in well production technology and senior management, the company has pursued a growth strategy that includes both organic expansion and strategic acquisitions. Notably, the firm has integrated several companies, including UK-based iCalTech Ltd. and Axon Instruments Ltd., as well as US-based Tubel Technologies Inc., to broaden its technological capabilities. On May 6, 2022, Ziebel was acquired by Archer.

The core of Ziebel's business is providing well intervention services to major oil and gas operators. Its revenue model is based on delivering these services, which are designed to furnish critical data for optimizing well and reservoir management. The company has secured significant venture capital funding over its lifetime, raising a total of $45.8 million from investors such as Chevron Technology Ventures, ConocoPhillips Technology Ventures, and EV Private Equity.

Ziebel's offerings are centered around its proprietary deployment methods, the Z-System® and Z-Line®, which utilize a carbon composite rod to deploy distributed fiber optic sensors throughout a wellbore. This technology facilitates real-time visualization and data acquisition along the entire well, a significant departure from traditional logging tools that measure only small sections at a time. Specifically, the Z-System® employs a 15mm diameter carbon fiber composite rod, while the Z-Line® is a slimmer, gravity-deployed cable. Both systems enable Distributed Temperature Sensing (DTS) and Distributed Acoustic Sensing (DAS), providing comprehensive data on well integrity, production flow, and inter-well connectivity. This data empowers operators to make informed decisions on matters such as hydraulic fracturing effectiveness, diverter performance, and optimal cluster spacing in unconventional horizontal wells.

Keywords: well intervention, reservoir recovery, distributed fiber optic sensing, oil and gas technology, wellbore diagnostics, carbon composite rod, Z-System, Z-Line, Distributed Temperature Sensing (DTS), Distributed Acoustic Sensing (DAS), well integrity, production optimization, unconventional wells, reservoir surveillance, hydraulic fracturing analysis, flow profiling, asset management, downhole monitoring, wellbore visualization, petroleum engineering, Archer

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