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RESMAN
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Short description

Provider of wireless reservoir surveillance technologies and services

Founded in 2005
Founded in

Company type Private Public ()
Company type

Industry Group resources & environmental management

Sector environmental monitoring

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Norway Ranheim, Norway
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Updated by Cleantech Group on 08/17/2021

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Date Company
05/04/2010

BP BP

Resman has supplied its technology to BP's Valhall field.

Confirmed by BP

Partnerships
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Date Partner Type
08/01/2011
Eni Norge Eni Norge
The two companies have signed a R&D agreement to enhance the capabilities of wireless reservoir monitoring.
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Confirmed by Eni Norge
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IPO INFORMATION

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Description

Date Investors Type Amount
03/27/2015 Nordic Capital Nordic Capital (1)
Post-money valuation of
Resman was formed in 2005 by SINTEF Venture and Statoil Technology Invest based on technology developed by SINTEF and IFE. Since its inception, the company has installed thousands of its proprietary Intelligent Tracer systems in hundreds of wells for more than 40 Oil & Gas operators worldwide.
Buyout / Late-Stage Private Equity
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Product image Name Product status Revenue model Cost metrics

Water Breakthrough Monitoring

Help operators identify location of water breakthrough

Pilot/Early Revenue Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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