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Reservoir Group
2024 Top Innovator

Reservoir Group is a global oilfield services company that provides tools and expertise during Coring, Well Intervention and Well Monitoring operations.

Published June 21, 2022 • Updated June 15, 2023
Oil & Gas
Drilling
Subsurface
Insights
Details
Materials

Product Overview

Overview

Reservoir Group, a privately owned company and a subsidiary of Madison Industries, specializes in coring for oil and gas (O&G), carbon capture, utilization, and storage (CCUS), and geothermal wells. With a strong emphasis on innovation, Reservoir Group operates its own facility in Vietnam dedicated to research and manufacturing of cutting-edge coring equipment.

The company boasts an experienced crew capable of executing deployments on a global scale. This dedicated team ensures that projects are carried out efficiently and effectively, maintaining Reservoir Group's reputation for excellence in the industry.

Benefiting from its affiliation with Madison Industries, Reservoir Group also offers a range of additional services. They act as a distributor for SageRider's downhole pressure and temperature gauges, leveraging the synergy within the company to provide customers with comprehensive hardware solutions. Furthermore, Reservoir Group provides consulting and deployment services for these downhole data acquisition tools.

Business Model

Service agreements for Coring jobs. For Well Intervention and Well Monitoring it is project driven. Sale or services or a combination.

Technology Innovations

They are one of the few coring companies worldwide. They are constantly working on R&D to improve the performance of their equipment and now focusing on CCUS, and high temperature equipment for geothermal.

Applications

Obtaining cores from the subsurface can help:

  • Determine rock properties
    • Porosity, permeability, wettability for reservoir modeling
    • Determining seal rock quality for CCUS
    • Mineralogy, petrology, environment of deposition
  • Reservoir Characterization
    • Understanding the geological and petrophysical characteristics of the reservoir
  • Fluid Analysis
    • Analysis of fluid samples within the rock formations.
    • Determine the type, quality, and composition of the hydrocarbons present
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