Oliasoft
Oliasoft is a Norwegian cloud-native SaaS company that provides AI-accelerated, physics-validated well engineering software for oil and gas operators, oilfield service firms, and geothermal developers, with a customer base spanning Equinor, Shell, and Neptune Energy.
- Company typePrivate
- Founded2015
- HeadquartersOslo, Norway
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Oliasoft does
Oliasoft AS is a Norwegian software company founded in 2015 that builds a cloud-native SaaS platform for well engineering, serving oil and gas operators, oilfield service companies, geothermal developers, and CCUS projects. Its core product, Oliasoft WellDesign, is a complete well engineering toolkit covering trajectory design, casing design, tubing design, drilling mechanics, torque and drag, hydraulics, surge and swab, casing wear, annular fluid expansion, and blowout and kill simulations, with interconnected modules that automate calculations across the planning workflow. The platform is grounded in deterministic physics validated against ISCWSA standards, supplemented by AI features such as the Smart Data Upload (LLM and OCR-powered data extraction) and the recently launched Oliasoft Co-Engineer AI assistant, and exposed through open REST APIs and a Model Context Protocol (MCP) integration layer for third-party systems and AI agents. Supporting products include Oliasoft Forecast (automated time and cost estimation integrated with offset data) and Oliasoft Atlas (a cloud-native data platform with EDM migration, structured cloud storage, and integration backbone). The company operates with offices in Oslo, Norway and Houston, Texas, holds ISO 9001, 14001, 45001, and 27001 certifications, and has built a customer base spanning Equinor, Shell, Neptune Energy, Tullow Oil, Vår Energi, Wintershall Dea, OMV, Murphy Oil, and a growing roster of geothermal operators.
Oliasoft generates revenue primarily through enterprise SaaS subscriptions on an annual quote-based billing model, supplemented by professional services and custom development contracts with major operators (examples include the Shell development contract awarded in 2023 and the long-standing Equinor R&D partnership since 2017). The go-to-market is enterprise field sales with technical advisors and pilot deployments, supplemented by partner-led distribution through system integrators (Salos Sunesis, TDE Digital) and API-based integrations with Cognite Data Fusion, OSDU, Keystone SmartHub, and FutureOn FieldTwin. The company's own annual events, TechCon in Houston and TechDay, serve as mid-funnel demand generation and customer advocacy channels. Pricing is not publicly disclosed; the primary conversion paths are Book a Demo and Talk to Us CTAs targeting enterprise buyers.
Oliasoft firmographics
Firmographics- Name
- Oliasoft
- Legal name
- Oliasoft AS
- Website
- https://oliasoft.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Oliasoft is a Norwegian cloud-native SaaS company that provides AI-accelerated, physics-validated well engineering software for oil and gas operators, oilfield service firms, and geothermal developers, with a customer base spanning Equinor, Shell, and Neptune Energy.
- Ownership category
- akta.pro rank
Oliasoft industry classification
Industry- Product category
- Oil & Gas Well Engineering Software
- NAICS
- Support Activities for Oil and Gas Operations (213112)
- SIC
- Services-Computer Integrated Systems Design (7373), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- EDA Cloud/SaaS, Design Data Management & Collaboration (HDAHAFAJ)
- akta.pro secondary industries
- iPaaS & Workflow Automation (BPAMAOAB), iPaaS / Cloud Data Integration (HDAEACAD)
Keywords
Where Oliasoft is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices2 records
Markets served
Oliasoft business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Software-as-a-Service (SaaS) Subscriptions: Cloud-based subscription service for access to Oliasoft WellDesign, Forecast, and Atlas platforms. Includes software updates, cloud storage, and technical support. Subscription tiers include Well Repository (cloud-based storage), EDM Liberator (one-time migration), and Data Nexus (platform + usage).
- Professional Services & Development: Custom development contracts with major operators for specific capability development and integration. Examples include Shell development contract and Equinor research and development partnership.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS Subscription - Quote-based pricing |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Oliasoft product offering
Product offeringCore offering
Oliasoft provides a unified cloud-native SaaS platform for well engineering that allows upstream energy operators to plan, simulate, validate, and document oil, gas, geothermal, and CO2 injection wells in one connected environment. The platform combines validated physics-based engineering calculations with AI-accelerated workflows across three core products: Oliasoft WellDesign (the engineering toolkit), Oliasoft Forecast (time and cost planning), and Oliasoft Atlas (the data foundation with EDM migration capabilities).
Product overview
Oliasoft offers a unified platform for modern well engineering consisting of three core products: Oliasoft WellDesign™ (the primary engineering toolkit), Oliasoft Forecast™ (time and cost planning tool), and Oliasoft Atlas (cloud-native data foundation). WellDesign is the central engineering platform with interconnected modules covering the full well planning workflow including Trajectory Design, Casing Design, Tubing Design, Drilling Mechanics, Torque & Drag, Hydraulics, Surge & Swab, Casing Wear, Annular Fluid Expansion, and Blowout & Kill. Atlas serves as the data backbone enabling EDM migration, structured cloud storage, and API-accessible well data. Forecast provides automated time and cost estimates integrated with offset data. All products feature open APIs enabling integration and machine-to-machine workflows, with AI capabilities including Co-Engineer assistants and Smart Data Upload powered by LLM and OCR technologies.
Differentiator
Problem solved
Functional benefit
Brands
- Oliasoft WellDesign™: Complete well engineering toolkit for well planning process including trajectory design, casing design, tubing design, drilling mechanics, and blowout simulations
- Oliasoft Forecast™
- Oliasoft Atlas
- Oliasoft Co-Engineer
Products and services
- Oliasoft WellDesign A complete well engineering toolkit fulfilling all requirements and simulations in the well planning process. All modules (Trajectory Design, Casing Design, Tubing Design, Drilling Mechanics, Blowout & Kill, Torque & Drag, Hydraulics, Surge & Swab, Casing Wear, Annular Fluid Expansion) are interconnected through modern software architecture that automatically calculates each step. Designed for oil, gas, geothermal, and CO2 injection well planning for enterprise operators and oilfield service companies.
- Oliasoft Forecast A pioneering planning tool for automated time and cost estimates for wells. Combines offset well data with an intuitive user interface for data-driven investment decisions. Designed for drilling engineers, project planners, and finance teams at energy operators needing accurate well time and cost forecasting.
- Oliasoft Atlas A cloud-native data platform that liberates well data from legacy EDM systems and maps it to engineering-grade structures. Includes structured cloud storage (Well Repository), one-time migration service (EDM Liberator), integration and automation platform (Data Nexus), open REST APIs, Integration Backbone (iPaaS), MCP Integration Layer, and Unstructured Data Library. Serves as the data foundation for energy operators modernizing their subsurface data infrastructure.
- Oliasoft Co-Engineer An AI assistant that helps well engineering teams plan, simulate, validate, and explain well designs faster, grounded in Oliasoft WellDesign's validated physics and governed by humans. Designed as an AI co-engineer for drilling and well engineering teams at energy operators.
- Oliasoft Rig Scheduling A modern, open rig scheduling application that integrates with Oliasoft Forecast (or existing forecast systems) to enable scenario-testing with minimum, likely, and maximum durations for optimizing rig fleet utilization. Targets drilling campaign planners and rig scheduling teams at energy operators to reduce operational inefficiencies and non-productive time.
Quantifiable outcome
- Engineering time reduced by up to 80%, saving 113-225 hours per well
- +4 more outcomes
Companies that use Oliasoft
Customer profileNamed customers27 records
Segments3 records
Ideal customer profiles3 records
Oliasoft technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability8 records
Feature13 records
Oliasoft partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered major, minor and core.
- Salos SunesismajorStrategic collaboration on integrated well engineering. Salos Sunesis brings trajectory design, anti-collision, drilling mechanics, casing design, and structured data management into one connected engineering model using Oliasoft WellDesign.
- Hydro-Géo EnvironnementminorPartnership to advance subsurface engineering excellence. Collaboration on digital well planning for geothermal and subsurface applications.
- Ennatuurlijk AardwarmtemajorPartnership for planning a new geothermal well in the Netherlands. Ennatuurlijk deploys Oliasoft WellDesign's Exploration package with Casing Wear module for geothermal well planning.
- Aspect EnergyminorPartnership on digital well planning. Collaboration leveraging Oliasoft's integrated engineering workflows for Aspect Energy projects.
- Sinomine Specialty FluidsmajorExtended agreement for advanced fluid simulations. Sinomine uses WellDesign for demonstrating that fluids meet performance expectations and offer business advantage.
- WelltecmajorExtended agreement to advance digital well engineering. Welltec uses WellDesign for expandable well technology integration.
- Vår EnergicoreVår Energi signs contract for well planning software accelerating digital transformation with Oliasoft's cloud-based well planning software.
- Murphy OilmajorMurphy Oil chooses Oliasoft WellDesign to streamline well planning processes. Partnership for comprehensive well engineering software deployment.
- TDE DigitalmajorIntegration between Oliasoft WellDesign and tde plan's metrics-driven well-planning application. Enables operational impact analysis of different well designs including rig deliveries. Combined use enables iterative analysis on time, cost, operational risk, and CO2 emissions.
- ShellcoreShell awarded development contract to Oliasoft for WellDesign software development. Strategic partnership for co-development of specific capabilities.
- Wintershall Dea NorwaymajorSelected Oliasoft as key technology partner on journey to digitalize well planning process. Strategic technology partnership.
- Keystone SmartHubmajorIntegration with Keystone SmartHub for seamless digital workflow from well design to Detailed Operational Procedure (DOP). Well designs exported to SmartHub at click of button, enabling generation of digital DOPs tailored to project requirements.
- CognitemajorIntegration with Cognite Data Fusion (CDF) for reading and writing from third-party applications. Oliasoft reads configuration data, pressure tables, formation data, and trajectories from Cognite, and returns simulated results.
- EquinorcoreLong-term agreement deploying Oliasoft WellDesign into Equinor's daily drilling planning and integrating it into Equinor's digital well planning application WellCom. Development partnership since 2017, including unique thermal simulation requirements for CO2 injection wells. OWD deployed as pilot at two Equinor assets.
- OKEAmajorSuccessfully migrated OKEA's historical drilling and well data to Oliasoft WellDesign. Modernization of subsurface data flow and integration of subsurface applications.
- FutureOnmajorIntegration with FutureOn's FieldTwin platform for visual workflows in offshore engineering. Generates dynamic well trajectories responding to surface locations through Oliasoft WellDesign's Trajectory API.
- Vår EnergicorePioneering seamless data transfers in trajectory design with two-way OSDU integration. Achieved seamless data integration between drilling and subsurface operations.
- Neptune EnergycoreFull deployment of Oliasoft WellDesign for well planning projects. Neptune Energy puts the full range of WellDesign modules to use on ongoing well planning projects. Includes subsurface data integration from Petrel.
- Tullow OilmajorSoftware licensing agreement for Oliasoft WellDesign. Tullow uses the platform for digital transformation and adoption of digital technologies for operational efficiency and growth.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Oliasoft competitors and assessment
Company assessmentBroad incumbents
- Emerson E&P Software (Paradigm): Emerson's Paradigm (Epos, GeoGraphix) suite competes across well planning and reservoir characterization. Overlaps with Oliasoft in upstream engineering workflows and offers broad E&P portfolio reach.
- SLB (Schlumberger) — Petrel / DELFI E&P Platform: Petrel on the DELFI E&P platform covers well planning, drilling, and reservoir workflows and is the dominant E&P software stack at super-majors. Direct functional overlap with Oliasoft WellDesign; Oliasoft integrates with Petrel-exported OSDU data, confirming both compete for the same well-planning workflow.
- Halliburton Landmark (DecisionSpace / Landmark): Halliburton's Landmark software suite (DecisionSpace 365, Compass, Engineer's Desktop) is the most widely deployed well-engineering platform globally. Direct overlap with Oliasoft WellDesign on trajectory, casing, and drilling mechanics, but bundled with Halliburton's broader drilling services and field-data ecosystem.
Direct peers
- INT (Interactive Network Technologies) — Wellbore Planner / StressCheck: INT's Wellbore Planner and StressCheck deliver casing and tubing stress analysis with similar triaxial modelling to Oliasoft's Casing and Tubing Design modules. Direct technical peer in wellbore integrity engineering.
- Calsep: Calsep provides PVT simulation and flow-assurance software used alongside well planning. Comparable specialized engineering-software vendor serving oil and gas operators with a similar niche, high-technical-barrier profile.
- Peloton (WellView / SiteView): Peloton's WellView and SiteView platforms cover well planning, drilling operations, and rig scheduling — directly competing with Oliasoft WellDesign and Forecast/Rig Scheduling. Strong incumbent in North American operations.
- ROGII — StarSteer: ROGII's StarSteer is a cloud-based directional drilling and well-planning platform targeting the same trajectory-design and anti-collision use case as Oliasoft WellDesign's Trajectory Module. Closest direct pure-play cloud competitor.
- Petroleum Experts (Petex) — MOVE Suite: Petex's MOVE suite (PROSPER, MBAL, GAP) and its well-engineering modules are widely used by operators for production and well modelling. Closest independent competitor in wellbore modelling, torque-and-drag, and casing/tubing design — directly competing for engineering seats within the same O&G operator buyer base.
Others
- Cognite: Cognite Data Fusion is the industrial data platform Oliasoft integrates with (and competes against for the 'data foundation' layer). Listed here because Atlas overlaps with CDF on well-data structuring and open APIs, but Cognite is broader (cross-industrial) and serves as ecosystem rather than direct competitor.
Emerging players
- Kongsberg Digital: Kongsberg Digital's Kognitwin Energy and dynamic digital-twin platforms target operator digitalization — overlapping with Oliasoft Atlas's data-integration / digital-foundation thesis across upstream workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Oliasoft social profiles
Digital presenceOliasoft compliance and trust
Trust signalCompliance4 records
Oliasoft financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oliasoft leadership team
Management profileNumber of profiles
Profiles8 records
Oliasoft subsidiaries and ownership
Company hierarchySubsidiaries1 record
Oliasoft funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oliasoft 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 Oliasoft
What does Oliasoft do?
Oliasoft provides a unified cloud-native SaaS platform for well engineering that allows upstream energy operators to plan, simulate, validate, and document oil, gas, geothermal, and CO2 injection wells in one connected environment. The platform combines validated physics-based engineering calculations with AI-accelerated workflows across three core products: Oliasoft WellDesign (the engineering toolkit), Oliasoft Forecast (time and cost planning), and Oliasoft Atlas (the data foundation with EDM migration capabilities).
Is Oliasoft a public or private company?
Oliasoft is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Oliasoft founded?
Oliasoft was founded in 2015. It employs 11 to 50 people.
Where is Oliasoft based?
Oliasoft is headquartered in Oslo, Norway, in the Europe region.
How does Oliasoft make money?
Two revenue lines are on record. Software-as-a-Service (SaaS) Subscriptions are the primary driver. The others are professional Services & Development.
Who are Oliasoft's main competitors?
Broad incumbents on record are Emerson E&P Software (Paradigm), SLB (Schlumberger) — Petrel / DELFI E&P Platform and Halliburton Landmark (DecisionSpace / Landmark). Direct peers are INT (Interactive Network Technologies) — Wellbore Planner / StressCheck, Calsep, Peloton (WellView / SiteView), ROGII — StarSteer and Petroleum Experts (Petex) — MOVE Suite. Cognite is listed as an others. Kongsberg Digital is listed as an emerging player.
Does Oliasoft have an API?
Yes. Open APIs across all Oliasoft products enabling applications to communicate with each other. Facilitates real-time data updates, cross-system integrations, machine-to-machine workflows, and third-party systems to send/receive data and perform calculations using Oliasoft's advanced engines. APIs serve as connectors for smooth data flow and collaboration across domains and platforms using open industry standards. Available through an API-Management Portal with a dedicated sandbox environment for building and testing before deployment. Developer documentation is at api.documentation.qa.oliasoft.com.
What industry is Oliasoft in?
Oliasoft's product category is Oil & Gas Well Engineering Software. Its primary akta.pro industry code is HDAHAFAJ, EDA Cloud/SaaS, Design Data Management & Collaboration, with a secondary code of BPAMAOAB, iPaaS & Workflow Automation. Its NAICS code is 213112 and its SIC code is 7373.