MicroSeismic

Houston, United States Founded: 2003 • Age: 23 yrs Acquired By TA
Microseismic monitoring services for hydrocarbon exploration and production are provided.
Annual revenue - Latest available
Total funding $133.1M 6 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About MicroSeismic

MicroSeismic is a company based in Houston (United States) founded in 2003 was acquired by TA in December 2010. MicroSeismic has raised $133.07 million across 6 funding rounds from investors including Chevron, OSTI.GOV and Altira Group. MicroSeismic offers products and services including FracRX®, CO2SeQure®, MicroThermal, and KarstAlert®. MicroSeismic operates in a competitive market with competitors including Petroleum Geo Services, Wireless Seismic, ION Geophysical, Acceleware and Deep Imaging Technologies, among others.

  • Headquarter Houston, United States
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Microseismic, Inc.
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $133.07 M (USD)

    in 6 rounds

  • Latest Funding Round
    $167.88 K (USD), Grant

    Feb 21, 2023

  • Investors
    Chevron

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    TA

    (Dec 01, 2010)

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Products & Services of MicroSeismic

MicroSeismic offers a comprehensive portfolio of products and services, including FracRX®, CO2SeQure®, MicroThermal, and KarstAlert®.

Product name locked
Category locked
Primary

Monitors interactions in oil well completions for optimal results.

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Provides measurement and verification for carbon storage projects.

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Tracks reservoir development and fluid flow in geothermal systems.

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Monitors sinkhole growth to prevent environmental risks.

People of MicroSeismic

Headcount 200-500
Employee Profiles 21
Board Members and Advisors 4
Employee Profiles
People
Jerry Driskell
Operations Supervisor
People
Brian Gibbons
Director Of Information Technology
People
Keaton Cheffer
Data Scientist / Software Engineer
People
Dave Fairservice
Director Operations/technology, Sr. Operations Manager.

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Board Members and Advisors
people
Nikki Martin
Director
people
Robert Daniels
Director
people
John James Kennedy
Chairman
people
Dirk McDermott
Director

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Funding Insights of MicroSeismic

MicroSeismic has successfully raised a total of $133.07M across 6 strategic funding rounds. The most recent funding activity was a Grant round of $167.88 thousand completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in MicroSeismic

MicroSeismic has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Chevron, OSTI.GOV and Altira Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth stage energy sector focused VC firm investing primarily in the US and Canada
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Stage-agnostic venture capital investments are made in US companies.
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Multiple sectors are invested in by private equity firm TA.
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Investor details for MicroSeismic

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Investments & Acquisitions by MicroSeismic

Investments
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Investment portfolio details for MicroSeismic

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Financial Statements - MicroSeismic

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Detailed financials for MicroSeismic

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Microseismic Comparisons

MicroSeismic Primary company
Description
Microseismic monitoring services for hydrocarbon exploration...
Location
Houston, United States
Founded Year
2003
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MicroSeismic

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Competitors of MicroSeismic

MicroSeismic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Petroleum Geo Services, Wireless Seismic, ION Geophysical, Acceleware and Deep Imaging Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Provider of marine-focused geophysical services
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Developers of wireless seismic recording systems
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AI-driven seismic solutions are provided for oil and gas exploration.
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Seismic imaging software and enhanced oil recovery solutions are provided.
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Electromagnetic systems for deep subsurface imaging are manufactured.
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Detailed competitors of MicroSeismic

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Latest news on Microseismic

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Complete news archive for MicroSeismic

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Frequently Asked Questions about MicroSeismic

MicroSeismic was founded in 2003.

MicroSeismic is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

MicroSeismic is a funded company, having raised a total of $133.07M across 6 funding rounds to date.

Founded in 2003 and based in Houston, United States, MicroSeismic functions as a geophysical services firm in the energy sector. Surface-based microseismic monitoring and passive seismic imaging are employed to support hydrocarbon resource exploration and production. Key offerings include downhole monitoring, hydraulic fracture mapping, reservoir monitoring, structural mapping, velocity structure analysis, VpVs ratio mapping, fault identification, and local tectonic data services.

MicroSeismic's top competitors include Petroleum Geo Services, Acceleware and Electromagnetic Geoservices.

MicroSeismic offers FracRX®, CO2SeQure®, MicroThermal, and KarstAlert®.

MicroSeismic has 5 investors. Key investors include Chevron, OSTI.GOV, Altira Group, RockPort Capital, and TA Associates.

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