Petris Technology
Founded Year
1994Stage
Acquired | AcquiredAbout Petris Technology
Petris Technology develops and markets integrated data management analytics and business intelligence software for oil and gas companies. In August 2012, Petris Technology was acquired by Halliburton through Landmark Software and Services. The valuation of Petris Technology was undisclosed. Other terms of the deal were not released.
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Latest Petris Technology News
Aug 18, 2015
Halliburton buys data management company, Petris Aug 2, 2012, 11:52am CDT Industries & Tags Deon Daugherty Senior reporterHouston Business Journal Bizspace Spotlight Enlarge Landmark Software and Services, a Halliburton business, has acquired Petris Technology. Landmark Software and Services, a division of Halliburton Co. (NYSE: HAL), has acquired Petris Technology , a Houston-based supplier of data management and integration solutions to the energy industry. The buy includes Petris’ entire product line, which is designed to drive collaboration and efficiency by making highly technical data readily accessible to exploration and production business customers. Financial details of the acquisition were not disclosed. By capturing all of the scientific data within one environment, Houston-based Halliburton can help producers make safer, faster and more accurate decisions about their operations, Gene Minnich , Landmark Software and Services vice president, said in a statement. Petris was founded in 1994 as a well log digitizing company with imaging software from NASA . Four years later, the company got into the pipeline analysis business when it acquired SkyVision. Landmark has been in business for more than 25 years and has filed upward of 350 patents since 2001. In June, the company acquired Object Reservoir Inc ., which is also based in Houston. Want Houston Technology news in your inbox? Sign up for our free email newsletters. Bizspace Spotlight
Petris Technology Frequently Asked Questions (FAQ)
When was Petris Technology founded?
Petris Technology was founded in 1994.
Where is Petris Technology's headquarters?
Petris Technology's headquarters is located at 1900 Saint James Place, Houston.
What is Petris Technology's latest funding round?
Petris Technology's latest funding round is Acquired.
Who are the investors of Petris Technology?
Investors of Petris Technology include Halliburton.
Who are Petris Technology's competitors?
Competitors of Petris Technology include Enverus.
Compare Petris Technology to Competitors
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Sourcenergy is an upstream energy and water market intelligence company on a mission to build digital technologies that improve the reliability and efficiency of the upstream energy supply chain while reducing environmental and community impacts.
Innovation Centric Group provides various solutions for Oil and Gas companies. The company's ALTO Suite of hosted solutions offers accounting, expense tracking, procurement and production processes for the oil and gas industry.
Amperon is a data intelligence company for energy retailers and their customers. Amperon uses Smart Meter data and AI to lower global energy costs.
Enverus develops SaaS and data analytics software that combines intelligence, analytics, tools, and services to accomplish the exploration and production (E&P) process. It offers its solutions to sectors such as energy and renewables, oilfield services, minerals, finance, trading, and risk. The company was founded in 1999 and is based in Austin, Texas.
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