INFORMATION
Surge Solutions curates investment opportunities in field development, well reactivation, and Enhanced Oil Recovery (EOR) in US and Canadian oilfields. Our proprietary approach to asset selection allows us to identify candidates with very high probability of success. Our team of Engineers and Finance Experts then deploys capital-efficient and high-return technology in the asset – creating value in the form of increased oil production rates and increased reserves.
To achieve high rates of return, high chance of project success, technical and financial feasibility and other key performance indicators, Surge Solutions depends on Technology. The first step in our value chain is collecting large amounts of data, from public sources, existing field operations, and from newly installed computer equipment. We then utilize this data to inform our powerful proprietary models, which we use to select the best possible candidate assets, shortlist the most promising technology, generate forecasts of technology performance, and make accurate estimates of forecast economics. With this powerful output, we approach asset holders with win-win partnership opportunities. The operators maintain a significant stake in their holdings, while Surge has an opportunity to create value with improved oil production and increased proven reserves.
