Interwell

What Interwell does

Interwell AS is a Norwegian oilfield services company specializing in well integrity solutions across the well lifecycle — from completion through intervention to plug and abandonment. Founded in 1992 and headquartered in Stavanger, the company designs, manufactures, and deploys proprietary mechanical barrier technologies, wellhead safety valves, downhole sensors, and integrated monitoring systems. Its flagship technologies include RockSolid™, a thermite-based permanent P&A barrier that creates a rock-to-rock gas-tight seal in a single wireline run; the MSAS™ fail-safe closed barrier valve family; VR Sense™ annulus pressure/temperature sensors; the iDT acoustic wireless downhole monitoring transponder; and the A-PRO™ annulus pressure management platform. The portfolio spans bridge plugs, packers, gas-lift systems, chemical injection, and intervention tools, complemented by the 2020 acquisition of CannSeal's epoxy annular isolation line and the prior integration of Petroleum Technology Company.

The company operates a B2B enterprise field-sales model, deploying technical sales engineers and field-service personnel directly to oil and gas operators globally. Revenue is generated through three streams: sale of specialized well-integrity products, integrated well-intervention and P&A services executed by field engineers, and recurring data-acquisition and monitoring services via iDT and A-PRO deployments. Customers are upstream oil and gas operators (offshore and onshore) plus gas-storage operators, with named reference accounts including ADNOC Offshore (Upper Zakum), Nigerian, Malaysian, Canadian, Qatari, Omani, Danish, German, Italian, and Norwegian Continental Shelf operators. Pricing is quote-based and project-specific with multi-year contracts. Products are qualified to ISO 14310 V0, API 6A/6FD/6FB/14A, NORSOK D-010, and ATEX standards, and the company has held UN Global Compact signatory status since 2019 with a stated net-zero-by-2050 target.

Name

Interwell

Legal name

Interwell AS

Website

https://interwell.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

251–500 employees

Short description

Interwell AS is a Norwegian oilfield services company specializing in proprietary well integrity, barrier, monitoring, and plug-and-abandonment technologies (RockSolid™, MSAS™, VR Sense™, iDT) sold directly to upstream oil and gas operators globally.

Ownership category

akta.pro rank

Product category

Well Integrity Equipment & Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

Well Intervention, Workover & Integrity Management (EUALAAAJ)

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Well integrity services
• Plug and abandonment
• Downhole barrier solutions
• Wellhead monitoring systems
• Oilfield intervention tools

Headquarters

HQ city

Aursfjordgård

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Specialized Well Integrity Products: Sale of proprietary downhole tools including bridge plugs, packers, valves, and barrier systems. Products like RockSolid, MSAS, VR Sense, IBV are sold to oil and gas operators for well intervention and P&A operations.
2. Integrated Well Services: Technical services including well intervention, barrier installation/verification, P&A operations, and completion support. Field service engineers deployed globally to execute operations for operators.
3. Data Acquisition & Monitoring Services: Real-time monitoring services using iDT systems and A-PRO platforms for barrier verification and annulus pressure management.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Interwell designs, manufactures, and sells proprietary well integrity products for the oil and gas industry, including barrier solutions (RockSolid™, MSAS™, bridge plugs, packers), downhole monitoring systems (VR Sense™, iDT, A-PRO™), and flow control valves (IBV, IRSV, IRBV). The company also provides integrated well intervention, barrier installation/verification, and plug & abandonment (P&A) field services executed by deployed engineers globally.

Product overview

Interwell is a specialized oilfield services company offering a comprehensive portfolio of well integrity solutions across five core segments: Wellhead Integrity, Casing Barrier Solutions, Completion, Intervention, and Plug & Abandonment. The product portfolio centers on mechanical barrier technologies (bridge plugs, packers, valve systems) augmented by monitoring and control systems. Key product families include the RockSolid™ thermite-based P&A barrier technology, MSAS™ and VR Sense™ wellhead safety and monitoring systems, A-PRO™ annulus management platform, and various retrievable bridge plug lines (ME, HEX, HPHT, MP, THEX). The company also offers intervention tools (IBV, IRSV, straddle systems), setting/retrieval tools (EST, HRT, VR-Tool, MSP), and data acquisition systems (iDT, BVS, gauges). Products are designed to work individually or as integrated solutions, with monitoring systems capable of integrating with operator SCADA infrastructure. Interwell serves global offshore and onshore markets across Europe, Americas, Middle East, Africa, and Asia Pacific.

Differentiator

Problem solved

Functional benefit

Brands

• Petroleum Technology Company (PTC): Company now integrated into Interwell, specializing in VR Sense and MSAS wellhead integrity solutions for annulus monitoring and barrier management.

Products and services

• RockSolid™ Permanent P&A Barrier Permanent plug and abandonment barrier technology that creates a bismuth-alloy rock-to-rock gas-tight seal in a single rigless wireline run, eliminating the need for section milling and casing removal. Targeted at oil & gas operators needing P&A operations.
• Master Surface Annulus Safety Valve (MSAS™) Fail-safe close hydraulically operated barrier valve installed in the VR profile at wellhead side outlets, providing independent double barrier integrity and mitigating risk of uncontrolled annular release. For oil & gas operators managing sustained annulus pressure.
• VR Sense™ Annular Monitoring System Wireless continuous real-time annulus pressure and temperature monitoring system with dual independent metal-to-metal barriers at the wellhead VR profile. For operators requiring long-term well integrity verification.
• A-PRO™ Annulus Pressure Management System

Quantifiable outcome

• Reduced rig time by avoiding additional deep-set bridge plug installations
• +7 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature9 records

Partnerships

One partnership is on record.

• Kenyon InternationalminorImplementation/ SI/ Consulting PartnerKenyon International, a Nigerian oilfield services company, collaborated with Interwell on MSAS installation in Nigeria. Kenyon provided wellhead maintenance engineering support during the installation, working alongside Interwell's engineers.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Weatherford International: Global OFS company with a strong well construction and intervention portfolio including plugs, packers, barrier valves, and P&A tools. Closely overlaps Interwell in bridge plugs, packers, and well integrity products across both onshore and offshore markets.
• Welltec: Danish-headquartered well intervention specialist offering wireline-deployed mechanical services, barrier verification, and P&A tools. Closely comparable to Interwell on technology-led intervention and well integrity solutions for offshore operators.
• Tendeka: Global specialist in wellbore intervention, zonal isolation, and sand and flow control technologies for upstream operators. Overlaps directly with Interwell in advanced completion and zonal isolation tools, particularly for mature offshore fields.
• Helix Energy Solutions Group: Houston-based offshore well intervention and P&A specialist operating well intervention vessels and related downhole tools. Direct competitor in offshore plug and abandonment and well integrity services, particularly in the North Sea and Gulf of Mexico.

Broad incumbents

• Schlumberger (SLB): Largest global oilfield services company with comprehensive well intervention, completion, and P&A offerings including the ONE-Trip and other barrier technologies. Competes broadly across Interwell's portfolio through its Well Construction and Production segments.
• Halliburton: One of the world's largest oilfield services companies offering cementing, completions, and well integrity solutions globally. Competes with Interwell in well intervention and P&A as part of a much broader portfolio, often bundling integrity work with drilling and completion services.
• Baker Hughes: Major OFS provider with extensive well construction, intervention, and P&A capabilities including the Downhole Chemical Injection and plug and abandonment product lines. Competes in well integrity with a diversified service portfolio.

Regional players

• Archer Limited: Norway-headquartered oilfield services company focused on platform drilling, well services, and integrity management in the North Sea. Direct competitor in the Norwegian Continental Shelf well integrity market where Interwell is headquartered.
• AGR (Aker Solutions' well services): Norwegian-headquartered well and reservoir services provider offering well plugging, integrity, and P&A project management. Directly comparable as a North Sea-based well integrity and P&A specialist, with overlap in decommissioning project execution.
• Island Offshore: Norwegian subsea and offshore services provider operating intervention vessels and well services. Competes with Interwell primarily in the North Sea well intervention and P&A market, often as a vessel-based service partner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/interwell

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about Interwell