What Tachyus does

Tachyus is a private Houston-based software company that builds AI-driven operational optimization platforms for the oil and gas industry and, increasingly, other greenhouse-gas-intensive sectors. The company was founded in 2013-2014 and operates three core SaaS products powered by a proprietary Data Physics engine that combines machine learning with reservoir physics to produce predictive models that the company describes as orders of magnitude faster than traditional reservoir simulation. Aqueon targets conventional reservoir optimization across waterflood, CO2 flood, steamflood, gas injection, and WAG processes; Fraceon focuses on unconventional well and frac design optimization with probabilistic forecasting; and Aurion, launched in 2022, extends the platform into GHG emissions accounting, monitoring, forecasting, and regulatory reporting for oil and gas, maritime, utilities, manufacturing, and construction customers, with built-in support for EPA Subpart W, SEC Climate Disclosure Rule, and California SB 253 compliance. A fourth application, Strateon, provides layer-level production and injection allocation.

Tachyus generates revenue through enterprise SaaS subscriptions with custom pricing, selling primarily via direct enterprise sales to upstream and midstream oil and gas operators as well as to GHG-intensive industries. The company's customer base includes super-majors and large independents such as ConocoPhillips, Shell, Equinor, Denbury, ONGC, Pemex, Ecopetrol, Pan American Energy, Kinetik, Seneca Resources, INEOS, and GeoPark, spanning 20+ countries with 50K+ assets modeled and 7,500+ wells deployed. Quantified customer outcomes cited by the company include up to 20% production increases and up to 40% decreases in operational costs and GHG emissions, with model build times reduced from months to days and what-if scenarios run in minutes. The company has raised approximately $40 million in venture funding across multiple rounds since 2013, with investors including Founders Fund, Montrose Lane, Caffeinated Capital, Cota Capital, and StartX. On May 29, 2026, SLB (NYSE:SLB) announced an agreement to acquire Tachyus and integrate the technology into its Delfi and Lumi digital platforms, a transaction that remains pending regulatory approval as of the most recent reporting.

Name

Tachyus

Legal name

Tachyus Corp.

Website

https://tachyus.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Tachyus is a Houston-based SaaS company that provides AI-powered reservoir optimization and GHG emissions management platforms (Aqueon, Fraceon, Aurion) to oil and gas operators and other greenhouse-gas-intensive industries globally.

Ownership category

akta.pro rank

Product category

Energy Operations Optimization Software

NAICS

Oil and Gas Extraction (2111)

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM)

akta.pro secondary industries

Waste Heat Recovery & Heat Integration (HRSG/ORC, Pinch Analysis, Heat Exchangers) (EUABAJAF), Well Completion & Stimulation (Hydraulic Fracturing, Sand Control) (EUAAAAAJ)

Keywords

• Reservoir optimization software
• Oil and gas AI
• GHG emissions management
• Production allocation
• Unconventional well optimization

Headquarters

HQ city

San Mateo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing (SaaS): SaaS subscription model for Aqueon, Aurion, and Fraceon platforms. Operators pay for access to the company's physics-based AI models and optimization capabilities for reservoir management and GHG emissions management.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Tachyus develops and sells AI-enabled SaaS platforms that combine proprietary machine learning with physics-based reservoir simulation to optimize oil and gas production and to manage greenhouse gas (GHG) emissions for energy and other industrial operators. Its core products—Aqueon for conventional reservoir management (waterflood, CO2 EOR, gas injection, WAG, steamflood), Fraceon for unconventional well and frac design, Aurion for GHG emissions accounting and reporting, and Strateon for layer-level production allocation—are deployed across more than 7,500 wells in 20+ countries.

Product overview

Tachyus is a SaaS company offering AI-powered operational optimization platforms for the energy industry. The product portfolio centers on three core platforms: Aqueon (conventional reservoir optimization), Fraceon (unconventional well/frac design), and Aurion (GHG emissions management). These platforms are powered by the proprietary Data Physics engine that combines machine learning with physics-based modeling. Aqueon and Fraceon serve oil and gas operators for production optimization, while Aurion addresses broader industrial emissions management needs across oil and gas, maritime, utilities, manufacturing, and construction sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Aqueon: Conventional reservoir management and optimization platform using fast AI models that honor data and reservoir physics. Supports waterflood, CO2 flood, gas injection, WAG, and primary production workflows.
• Aurion
• Fraceon

Products and services

• Aqueon AI-powered conventional reservoir management and optimization SaaS platform using fast Data Physics models that honor data and reservoir physics; supports waterflood, CO2 EOR, gas injection, WAG, steamflood, and primary production workflows for oil and gas operators.
• Aurion End-to-end GHG emissions management SaaS platform for accounting, monitoring, forecasting, and reporting; supports Scope 1, 2, and 3 emissions using EPA GHGRP models and integrates with ESG frameworks (CDP, TCFD, GRI, SASB) and regulations including EPA Subpart W, SEC Climate Disclosure Rule, and California SB 253.
• Fraceon Unconventional well and frac design optimization SaaS platform combining physics-based well/pad models with machine learning; supports probabilistic forecasts (P10-P50-P90) in minutes and multi-objective optimization for completion design and well location decisions.
• Strateon Fully automated layer-level production and injection allocation application that integrates multiple data sources to support production allocation workflows in multilayered oil and gas reservoirs.

Quantifiable outcome

• Up to 20% increase in production
• +5 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Project CanarycoreStrategic or Co-development PartnerPartnership announced for sustainability-focused collaboration, likely integrating emissions monitoring and verification capabilities with Tachyus' Aurion platform.
• EagleRidge EnergyminorImplementation/ SI/ Consulting PartnerPartnership to implement Aurion, Tachyus' carbon accounting, monitoring, and forecasting platform for EagleRidge Energy operations.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Aspen Technology: AspenTech provides process optimization and asset performance software for energy and industrial customers, with overlapping deployment in upstream and midstream operators. Comparable AI-driven optimization and digital twin use cases for hydrocarbon producers.
• Palantir Technologies: Data analytics and AI platform with significant oil and gas customer base (including partnerships with BP, ExxonMobil, and Aramco). Foundry competes with Tachyus for production optimization, asset performance, and increasingly sustainability/emissions use cases at large operators.
• Halliburton (Landmark): Halliburton's Landmark Solutions offers DecisionSpace, a reservoir management and production optimization software suite that overlaps with Aqueon and Fraceon. Serves the same upstream oil and gas customer base with similar enterprise sales motion and physics-based simulation heritage.
• C3.ai: Enterprise AI platform with energy-industry applications including oil and gas production optimization and asset reliability. Targets similar enterprise buyers with AI-led operational use cases, though broader horizontal scope than Tachyus's verticalized reservoir focus.
• SLB (Schlumberger): World's largest oilfield services company and Tachyus's announced acquirer. SLB's Delfi and Lumi digital platforms compete directly with Aqueon and Fraceon in reservoir management and production optimization workflows. Post-acquisition (pending), SLB becomes the parent rather than pure peer, but Delfi remains the relevant comparable product line.
• Baker Hughes: Baker Hughes's Digital Solutions segment (formerly P2 Energy Solutions, BedeGEO) provides reservoir, drilling, and production software to oil and gas operators. Competes with Tachyus in production optimization and increasingly in emissions management via its LEAP and PumpOptimize portfolios.
• Emerson (Roxar): Emerson's Roxar portfolio (now part of AspenTech alliance) provides reservoir modeling, production allocation, and well management software used by oil and gas operators. Direct overlap with Aqueon's waterflood/EOR optimization and Strateon's production allocation capabilities.

Direct peers

• Persefoni: Cloud-based carbon accounting and climate management platform serving enterprises including oil and gas, financial services, and manufacturing. Most direct competitor to Aurion for Scope 1–3 emissions measurement, reporting, and reduction planning in GHG-intensive industries.
• Sphera: ESG, EHS, and operational risk management software with strong energy and industrial customer base. Sphera's Environmental Performance and Climate Disclosures products overlap with Aurion's emissions accounting, monitoring, and regulatory reporting capabilities.
• Watershed: Enterprise carbon accounting and climate platform used by major corporations including oil and gas-adjacent enterprises. Competes head-on with Aurion for climate disclosure and emissions management RFPs from sustainability and compliance teams.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tachyus
• Xx.com/TachyusCorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds7 records

Investors13 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 Tachyus