Resmetrics
ResMetrics is a Houston-based oilfield services firm providing chemical tracer injection and fracture diagnostics to oil and gas operators in unconventional shale plays and IOR/EOR projects, using its PetroXY cloud platform for tracer data interpretation and reservoir engineering analysis.
- Company typePrivate
- Founded2017
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Resmetrics does
ResMetrics is a Houston-based oilfield services firm specializing in chemical tracer injection services and fracture diagnostics for oil and gas operators. Founded in 2017, the company deploys proprietary HSE-friendly, non-toxic chemical tracers into hydraulic fracturing treatments to tag frac fluid and individual stages, enabling measurement of stage-by-stage hydrocarbon and frac-fluid flow contribution, load recovery, heel-to-toe production ratios, and interwell connectivity for frac-hit diagnosis. The company also serves improved oil recovery (IOR) and enhanced oil recovery (EOR) projects with interwell tracer testing, sweep efficiency evaluation, and thief-zone identification for waterflooding and gas/CO2 flooding operations.
The company's technical stack includes a proprietary tracer injection pump with built-in flowmeter and RFID scanner that auto-adjusts injection rate to the frac van's real-time clean rate, and PetroXY, a cloud-based web application with a Completion Evaluator module (hydraulic fracture diagnostics) and an IOR/EOR Evaluator module (sweep efficiency analysis) that integrates tracer data with drilling, completions, and reservoir engineering datasets. Notable proprietary methods include a Diverter Assessment Method using paired water-phase tracers and a modified Single-Well Chemical Tracer Test (SWCTT) for residual oil saturation regardless of oil mobility. The company operates offices in Houston (headquarters), Midland (Permian Basin), and Oklahoma City (Oklahoma shale plays).
ResMetrics operates a sales-led, project-based B2B model: customers submit project inquiries and receive quotes from technical account managers, with services priced per project rather than under subscription. Revenue is generated through service fees for tracer test design, injection, sampling, and analysis. The company served as a subsidiary of NCS Multistage Holdings (NASDAQ: NCSM) following a July 2025 acquisition for approximately $7 million, contributing $5.2 million to NCS's FY2025 revenue with expected $1-2 million in synergies by mid-2026.
Resmetrics firmographics
Firmographics- Name
- Resmetrics
- Legal name
- ResMetrics LLC
- Website
- https://resmetrics.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- ResMetrics is a Houston-based oilfield services firm providing chemical tracer injection and fracture diagnostics to oil and gas operators in unconventional shale plays and IOR/EOR projects, using its PetroXY cloud platform for tracer data interpretation and reservoir engineering analysis.
- Ownership category
- akta.pro rank
Resmetrics industry classification
Industry- Product category
- Oilfield Tracer Diagnostics Services
- NAICS
- Geophysical Surveying and Mapping Services (541360)
- SIC
- Oil & Gas Field Services, Nec (1389), Services-Testing Laboratories (8734)
- akta.pro primary industry
- Inspection, Integrity & Testing Services (NDT, Well Integrity, Corrosion, QA/QC) (EUALABAO)
Keywords
Where Resmetrics is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Resmetrics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Tracer Diagnostics Services: ResMetrics provides tracer injection services and fracture diagnostics to oil and gas operators. Services are project-based and include tracer test design, injection, sampling, and analysis. Revenue is generated through service fees for tracer diagnostics projects in unconventionals and IOR/EOR applications.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Resmetrics product offering
Product offeringCore offering
ResMetrics provides chemical tracer injection services and advanced fracture diagnostics for the oil and gas industry. It deploys proprietary chemical tracers during hydraulic fracturing treatments and injectors to quantify hydrocarbon and frac fluid flow contribution of individual stages, evaluate interwell connectivity and frac hits, and measure sweep efficiency in IOR/EOR projects. Diagnostic results are integrated with drilling, completions, and reservoir engineering data via its PetroXY cloud-based web application.
Product overview
ResMetrics is a provider of tracer injection services and fracture diagnostics for the oil and gas industry, offering a portfolio of chemical tracer technologies and the PetroXY web application platform. The company's core offering consists of frac diagnostics services using chemical tracers to evaluate fracture stages and well performance, alongside IOR/EOR services for enhanced oil recovery monitoring. The PetroXY platform serves as the central hub, integrating tracer data with engineering workflows through its Completion Evaluator module (for hydraulic fracture diagnostics) and IOR/EOR Evaluator module (for reservoir sweep efficiency analysis).
Differentiator
Problem solved
Functional benefit
Brands
- PetroXY: A web application that integrates tracer data with drilling, completions, and reservoir engineering data. The Completion Evaluator module performs advanced hydraulic fracture diagnostics, while the IOR/EOR Evaluator module evaluates sweep efficiency of improved oil recovery projects.
Products and services
- PetroXY A cloud-based web application that integrates tracer data with drilling, completions, and reservoir engineering data. Includes the Completion Evaluator module for advanced hydraulic fracture diagnostics on unconventional wells and the IOR/EOR Evaluator module that evaluates sweep efficiency of improved oil recovery projects.
- Tracer Injection Services Chemical tracer injection services for hydraulic fracturing treatments, utilizing proprietary tracer injection pumps with RFID scanning and automated flow-rate adjustment based on real-time clean rates for accurate stage-by-stage tagging of frac fluid.
- Frac Diagnostics Chemical tracer-based fracture diagnostics for unconventional wells that compare hydrocarbon and frac fluid flow contribution of individual frac stages to total well flow, including production profiling, frac hit diagnosis, interwell connectivity evaluation, and heel-to-toe liquid loading assessment.
- IOR/EOR Services Improved Oil Recovery and Enhanced Oil Recovery tracer diagnostics including interwell tracer testing, flow direction determination, sweep efficiency analysis, thief zone identification, and reservoir conformance assessment for waterflooding and gas/CO2 flooding operations.
Quantifiable outcome
- Stage load recovery and cleanup efficiency can be calculated using mass balance
- +3 more outcomes
Companies that use Resmetrics
Customer profileSegments2 records
Ideal customer profiles2 records
Resmetrics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Resmetrics partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NCS Multistage HoldingscoreNCS Multistage Holdings acquired ResMetrics in July 2025 for approximately $7 million. The acquisition aimed to expand NCS's tracer diagnostics capabilities within the oil and gas sector. ResMetrics contributed $5.2 million to NCS's FY2025 revenue and is expected to generate $1-2 million in synergies by mid-2026. This represents NCS's first acquisition since 2017.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Resmetrics competitors and assessment
Company assessmentDirect peers
- Resman: Norway-headquartered specialist in polymer tracer technology for upstream oil and gas. Most directly comparable peer — competes head-to-head with ResMetrics in chemical tracer injection services for well diagnostics and interwell connectivity across the same customer base of E&P operators.
- Core Laboratories: Provider of reservoir description and production enhancement services, including chemical tracer diagnostics via its ProTechnics division. Competes directly with ResMetrics in tracer-based fracture diagnostics and reservoir analysis for the same oil & gas operator customers.
Broad incumbents
- NCS Multistage Holdings: Parent company and acquirer of ResMetrics; publicly-traded (NCSM) oilfield services firm specializing in multistage completion tools. Broader portfolio of well construction and completion products, with tracer diagnostics now layered in via the ResMetrics acquisition.
- Halliburton: One of the largest global oilfield services companies with a comprehensive pressure pumping, completion, and reservoir diagnostic portfolio. Overlaps with ResMetrics in completion diagnostics and evaluation services for unconventional plays.
- SLB (Schlumberger): Global oilfield services leader with extensive reservoir characterization, stimulation, and production diagnostics capabilities. Adjacent and partially overlapping in tracer and chemical diagnostics for upstream operators.
- Baker Hughes: Major integrated oilfield services company with completions, well construction, and reservoir evaluation offerings. Competes in adjacent oilfield diagnostic niches where ResMetrics operates.
Emerging players
- Liberty Energy: US-focused completions services and proppant logistics provider (LBRT). Complementary rather than directly competitive — buys diagnostic services like ResMetrics' to optimize its own frac operations, making it both a potential customer and adjacent operator.
Regional players
- Calfrac Well Services: Canada-based pressure pumping and well stimulation services provider. Operates in a comparable oilfield services niche (completion/stimulation) but in a different geography with no meaningful US shale overlap where ResMetrics is active.
- Trican Well Service: Canadian oilfield services company focused on pressure pumping, cementing, and acidizing. Similar completion-services profile to ResMetrics' downstream oilfield customers but geographically focused on Canada with minimal US shale overlap.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Resmetrics social profiles
Digital presenceResmetrics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Resmetrics leadership team
Management profileNumber of profiles
Resmetrics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Resmetrics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Resmetrics
What does Resmetrics do?
ResMetrics provides chemical tracer injection services and advanced fracture diagnostics for the oil and gas industry. It deploys proprietary chemical tracers during hydraulic fracturing treatments and injectors to quantify hydrocarbon and frac fluid flow contribution of individual stages, evaluate interwell connectivity and frac hits, and measure sweep efficiency in IOR/EOR projects. Diagnostic results are integrated with drilling, completions, and reservoir engineering data via its PetroXY cloud-based web application.
Is Resmetrics a public or private company?
Resmetrics is a private company. It is classified as corporate owned and is currently acquired.
When was Resmetrics founded?
Resmetrics was founded in 2017. It employs 11 to 50 people.
Where is Resmetrics based?
Resmetrics is headquartered in Houston, United States, in the North America region.
How does Resmetrics make money?
One revenue line is on record: tracer Diagnostics Services.
Who are Resmetrics's main competitors?
Direct peers on record are Resman and Core Laboratories. Broad incumbents are NCS Multistage Holdings, Halliburton, SLB (Schlumberger) and Baker Hughes. Liberty Energy is listed as an emerging player. Regional players are Calfrac Well Services and Trican Well Service.
Does Resmetrics have an API?
No public API is recorded for Resmetrics.
What industry is Resmetrics in?
Resmetrics's product category is Oilfield Tracer Diagnostics Services. Its primary akta.pro industry code is EUALABAO, Inspection, Integrity & Testing Services (NDT, Well Integrity, Corrosion, QA/QC). Its NAICS code is 541360 and its SIC code is 1389.