What is Drill2Frac?
Drill2Frac operates at the intersection of data science and petroleum engineering, providing specialized near-wellbore insights that optimize well completion performance. Through its core technologies, OmniLog and RockMSE, the company enables shale operators to derive high-resolution rock property data without the logistical burden of additional downhole instrumentation. This methodology not only mitigates operational risk but also facilitates precise adjustments to completion designs. By transforming existing drilling data into actionable intelligence, Drill2Frac empowers clients to refine well spacing, mitigate frac hit risks, and maximize the economic viability of their assets in an increasingly competitive market.
How much funding has Drill2Frac raised?
Drill2Frac has raised a total of $264K across 2 funding rounds:
Debt
$150K
Debt
$114K
Debt (2020): $150K with participation from PPP
Debt (2021): $114K led by PPP
Key Investors in Drill2Frac
PPP
Public-Private Partnership
What's next for Drill2Frac?
With this late-stage capital infusion, Drill2Frac is well-positioned to accelerate its market penetration and further refine its suite of analytical tools. The strategic focus will likely shift toward expanding the deployment of its proprietary software across diverse shale basins, ensuring that operators can continue to drive cost-efficiencies in their completion programs. As the industry pivots toward data-driven asset management, Drill2Frac's ability to deliver proactive, high-resolution insights will be critical in maintaining its competitive edge and supporting the long-term operational success of its partners.
See full Drill2Frac company page
