At a time where falling oil prices are driving operators toward technical innovation to achieve financial performance, Sigma Cubed Inc. (SIGMA3) has been chosen by CIO Review (www.cioreview.com) as one of the 20 Most Promising Energy Tech Solution Providers. The selection was based on evaluation of the success of SIGMA3 in offering GeoEngineering™ technology, expertise, and services in helping E&P companies achieve multi-million dollar incremental production value and cost savings. The annual list of companies is selected by a panel of experts and members of CIO Review’s editorial board to recognize and promote technology entrepreneurship.
“SIGMA3 has been on our radar for some time for stirring a revolution in the Energy Tech space, and we are happy to showcase them this year due to their continuing excellence in delivering top-notch technology-driven solutions,” said Harvi Sachar, Publisher and Founder,CIO Review. “The company’s solutions continued to break new ground within the past year benefiting its customers around the globe, and we’re excited to have them featured on our top companies list.”
This annual list showcases the 20 Most Promising Energy Tech Solution Providers, and SIGMA3 made it to CIO Review’s top Energy Tech Solution Providers list for its expertise in technology and services ranging from reservoir understanding, field development planning to production optimization.
“SIGMA3 is honored to be recognized by CIO Review’s panel of experts and thought leaders,” said Jorge Machnizh, CEO, SIGMA3. “This is a challenging time in our industry, which requires a complete rethinking of the statistical pattern approach still used today. Supply chain cost reductions are not sufficient to offset the drop in commodity pricing. The great news is that even in today’s low-commodity market, E&P companies can reduce finding & development costs, increase production, and reduce their environmental footprint through intelligent use of efficiency-driven technology and integrated workflows. Our proprietary software, expert staff and advanced analytics help operators make the best decisions about where to drill and where and how to optimize hydraulic fracturing.”
Sigma Cubed Inc. (SIGMA3) addresses the demands of the next generation of conventional and unconventional resources producers through the development and delivery of unprecedented GeoEngineering™ integration, resulting in better subsurface reservoir characterization targets and optimal frac and completion strategies. Operators can significantly increase production while reducing costs by fracturing the reservoir where it is most productive, and validating their results using the industry’s most reliable microseismic acquisition, event detection and location accuracy algorithms. Through a truly integrated, commercial portfolio of proprietary software, expertise and services, SIGMA3 helps clients target the sweet spots that will yield maximum EUR. For more information visitwww.sigmacubed.com.
About CIO Review
CIO Review constantly endeavors to identify “The Best” in a variety of areas important to tech business. Through nominations and consultations with industry leaders, our editors choose the best in different domains. Energy Tech Solution Providers is an annual listing of 20 Most Promising Energy Tech Solution Providers in the U.S.