Upwing Energy

What Upwing Energy does

Upwing Energy is a private U.S.-based oilfield equipment and service company founded in 2016 as an affiliate of Calnetix Technologies, headquartered in Cerritos, California, with an operations hub in Houston, Texas, and 51-100 employees. The company develops and deploys the Subsurface Compressor System (SCS), a first-of-its-kind downhole turbomachinery that compresses natural gas directly in the wellbore near the reservoir to increase production and recoverability from existing wells. The SCS integrates hermetically sealed high-speed permanent magnet motors, magnetic coupling (eliminating seal penetrations and fugitive emissions), active magnetic thrust bearings, passive magnetic radial bearings with smart damping, multi-stage hybrid axial compressors, and sensorless long step-out variable speed drives operating above 60,000 rpm at depths over 12,000 feet.

The company sells through an End-to-End (E2E) managed service model that bundles analysis and predictions (via the Enhanced Production Simulator), planning and completions, deployment and startup, and ongoing operations and monitoring through the Surface Control Center, with monthly billing based on the value of SCS deployed on customer assets. Its primary customer segment is enterprise natural gas producers, including unconventional shale operators, conventional gas reservoir operators, and coalbed methane producers, served via direct enterprise field sales and demonstrated at major industry events such as ADIPEC and SPE ESP Symposium.

Upwing protects its technology with over 50 U.S. patents and 16 international patents, holds ISO 9001:2015 quality and ISO 14068-1:2023 carbon neutrality certifications, and is actively commercializing in the U.S., South America, North Africa, the Middle East, and Central Asia, with named enterprise engagements or partnerships including Canacol Energy (Colombia), ENAP (Chile), Uzbekneftegaz (Uzbekistan), Equinor (offshore qualification), and Riverside Petroleum (U.S. field trial).

Name

Upwing Energy

Legal name

Upwing Energy

Website

https://upwingenergy.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Upwing Energy develops and deploys the Subsurface Compressor System (SCS), a downhole artificial lift technology that increases natural gas production and recoverability from existing wells, serving enterprise natural gas producers globally through an end-to-end managed service model.

Ownership category

akta.pro rank

Product category

Oil and Gas Equipment (Subsurface Compression / Artificial Lift)

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Air and Gas Compressor Manufacturing (333912)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Process Gas & High-Pressure Compressors (IMAHANAF)

akta.pro secondary industries

Compressor & Gate Station Control (Remote Operations) (EUAJAFAG), I&C / Controls & Automation Commissioning (DCS/PLC/SCADA) (EUAEAJAD)

Keywords

• Subsurface compression systems
• Artificial lift technology
• Downhole gas compression
• Natural gas production services
• Magnetic bearing systems

Headquarters

HQ city

Cerritos

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Subsurface Compressor System Equipment and Service: E2E (End-to-End) service model providing artificial lift equipment, installation operations, and ongoing data monitoring through a single point of contact. Customers are billed monthly based on the value of SCS for their assets. Site preparation is handled by the customer upfront.
2. SCS Hardware Delivery: Deployment of the Subsurface Compressor System hardware into gas wells as part of the managed service offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Upwing Energy designs, manufactures, and services the Subsurface Compressor System (SCS), a first-of-its-kind downhole turbomachinery deployed directly inside natural gas wells to increase production and recoverability. The SCS is delivered through an End-to-End (E2E) managed service that provides analysis and predictions, planning and completions, deployment and startup, and ongoing operations and monitoring through a single point of contact, with customers billed monthly based on SCS asset value.

Product overview

Upwing Energy offers a unified portfolio centered on its Subsurface Compressor System (SCS) — a first-of-its-kind downhole turbomachinery — supported by the End-to-End (E2E) Service platform. The E2E Service provides a single-point-of-contact solution spanning Analysis and Predictions (via the Enhanced Production Simulator), Planning and Completions, Deployment and Startup, and Operations and Monitoring (via the Surface Control Center). The SCS itself is built from modular components: Hermetically Sealed High-Speed Permanent Magnet Motors, Active Magnetic Thrust Bearings, Passive Magnetic Radial Bearings (with Smart Damping System), Hybrid Compressors, Magnetic Coupling, and Sensorless Long Step-Out Variable Speed Drives. Together, these products enable natural gas producers to exponentially increase production and recoverability from existing wells.

Differentiator

Problem solved

Functional benefit

Brands

• Subsurface Compressor System (SCS): A first-of-its-kind downhole compressor system that increases natural gas production and recoverability from existing wells.
• End-to-End (E2E) Service
• Enhanced Production Simulator (EPS)
• Surface Control Center (SCC)

Products and services

• Subsurface Compressor System (SCS) A first-of-its-kind downhole turbomachinery that increases natural gas production and recoverability by simultaneously lowering pressure and increasing velocity near the reservoir. Comprises a permanent magnet motor, magnetic coupling, and multi-stage hybrid axial compressor; deployed directly inside gas wells for natural gas producers.
• End-to-End (E2E) Service A comprehensive natural gas production service providing Analysis and Predictions, Planning and Completions, Deployment and Startup, and Operations and Monitoring through a single point of contact. Eliminates ambiguities between equipment manufacturers and well operators and is billed monthly based on SCS asset value for enterprise gas producers.
• Enhanced Production Simulator (EPS) Simulation tool that evaluates production performance and incremental recoverability using analytical models for reservoir, completion, compression response, and topside constraints to predict production dynamics for natural gas wells under SCS deployment.
• Surface Control Center (SCC) Topside control equipment including Variable Speed Drive (VSD), Magnetic Bearing Controller (MBC), and autonomous controller housed in a 20-foot temperature-regulated container that enables remote monitoring and control of the SCS at the wellsite.

Quantifiable outcome

• Significant increase in gas production and recovery rates compared to surface compression
• +1 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• EquinorcoreStrategic or Co-development Partner · 1 January 2025Collaboration with Equinor to qualify Upwing Energy's Subsurface Compressor System (SCS) for offshore deployment. The partnership focuses on adapting the technology for offshore gas well applications and validating performance in offshore environments.
• ENAPcoreStrategic or Co-development Partner · 1 January 2025Partnership with Chile's national oil company ENAP for subsurface compression deployment in support of Chile's natural gas production operations.
• Canacol EnergycoreStrategic or Co-development Partner · 1 January 2024Commercial agreement for deployment of Upwing Energy's SCS technology in Colombia to boost natural gas production from Canacol Energy's gas wells.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Schlumberger (SLB): World's largest oilfield services company with extensive artificial lift portfolio (REDA ESPs, gas lift, rod lift, and progressing cavity pumps) and ongoing R&D into downhole compression. Directly comparable to Upwing's natural gas operator customer base, though Schlumberger serves as a broad incumbent across the entire well lifecycle rather than specializing in subsurface compression.
• Halliburton: Major oilfield services incumbent with artificial lift product lines including electrical submersible pumps (ESPs), gas lift, and hydraulic lift. Targets the same natural gas producers as Upwing through its Production Solutions segment and competes on downhole rotating equipment reliability and service network reach.
• Baker Hughes: Global oilfield services and equipment company with a Centrilift ESP and artificial lift franchise serving gas and oil producers worldwide. Its OFSE segment directly overlaps Upwing's customer base of natural gas operators deploying downhole rotating equipment.
• ChampionX: Artificial lift and production chemistry provider formed from the combination of Apergy and ChampionX. Sells gas lift, ESP, and rod lift systems and services into natural gas wells, overlapping with Upwing's customer base in unconventional shale gas and conventional gas reservoirs.
• Weatherford International: Oilfield services and equipment company offering artificial lift systems (including horizontal pumping systems and gas lift) and production optimization software. Targets similar natural gas operators and competes for share of well intervention and artificial lift spend.
• Mitsubishi Heavy Industries: Industrial conglomerate with energy and turbomachinery divisions, currently engaged with Upwing through the DeepStar consortium to qualify the Modular Drive System for offshore applications. Comparable as a broad incumbent with deep capabilities in rotating equipment and offshore oil & gas.

Direct peers

• Borets: Leading global manufacturer of electrical submersible pumps (ESPs), including permanent-magnet-motor designs deployed downhole in oil and gas wells. Most direct technical analogue to Upwing's subsurface compression architecture, as both companies engineer high-speed rotating downhole machines with PM motors and magnetic-bearing-derived subsystems for artificial lift.
• Flowco Holdings: Specialty oilfield equipment provider focused on gas lift and artificial lift optimization technology for natural gas producers. Targets a similar customer base of gas well operators and overlaps with Upwing's value proposition of boosting production from declining gas wells.

Others

• Calnetix Technologies: Upwing's parent company and original technology incubator, specializing in high-speed permanent magnet motors, magnetic bearings, and flywheel energy storage. The two companies share founding engineering DNA and an exclusive IP licensing arrangement covering downhole rotating machine technology.
• Core Laboratories: Reservoir description and production enhancement services provider serving the same upstream gas producer customer base. While not a direct competitor in subsurface compression, Core Labs is an adjacent ecosystem participant whose reservoir analysis capabilities complement Upwing's Enhanced Production Simulator workflow.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Upwing Energy