GEODynamics

What GEODynamics does

GEODynamics designs, engineers, and manufactures downhole perforating, completion, and intervention solutions for the oil and gas industry. The company's core product portfolio covers engineered perforating systems (EPIC Precision, EPIC Flex, STRATX, CONNEX, HELLFire, FracIQ, SandIQ Pro, RAZOR, BASIX), completion tools (SmartStart PLUS, QuickStart, EVOLV FracTrap composite plugs), tubing-conveyed perforating (TCP) systems, electronic control hardware (EPIC Command, EPIC Test, EPIC Switches), and Legacy Oil Tools intervention equipment. Underlying technology is built around proprietary shaped charges, addressable switch electronics, composite frac plugs, and predictive modeling software, with factory-loaded, DOT-compliant turn-key gun systems shipped directly to operators and wireline service providers.

The business model is primarily one-time product sales of consumable and capital perforating hardware (priced per quote, EX WORKS Millsap, Texas, with 90-day quote validity), supplemented by professional services revenue from software simulation (iPerf, PulsFrac), laboratory testing at the in-house GTEC facility, custom engineering (Technik Solutions), and data analytics (StageCoach) bundled with perforating solutions. GEODynamics is a wholly-owned subsidiary of Oil States International, Inc. (NYSE: OIS), operating as the Downhole Technologies segment.

Go-to-market is sales-led via eight regional US offices across every major basin (Millsap TX HQ, Benbrook TX engineering, Midland TX, Nunn CO, Clearfield PA, Casper WY, Nikiski AK) and an Aberdeen UK regional headquarters, supported by distribution through wireline and TCP service providers (including an exclusive global partnership with Cartridge Actuated Devices signed in September 2024). End customers are oil and gas operators (Liberty Resources is the only named customer in the input) and the oilfield service companies that deploy GEODynamics products on their behalf, with claims of 100,000+ wells serviced and 15,100+ toe valves sold since 2004. Quality and safety certifications include ISO 9001:2015 and API RP-67 compliance.

Name

GEODynamics

Legal name

GEODynamics, Inc.

Website

http://perf.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

GEODynamics designs and manufactures downhole perforating systems, completion tools, and intervention equipment for oil and gas operators and wireline service companies, operating as the Downhole Technologies segment of Oil States International.

Ownership category

akta.pro rank

Product category

Oilfield Perforating & Completion Equipment

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313), Support Activities for Mining (2131)

SIC

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

akta.pro primary industry

Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD)

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Inspection, Integrity & Testing Services (NDT, Well Integrity, Corrosion, QA/QC) (EUALABAO)

Keywords

• Oilfield perforating systems
• Downhole completion tools
• Well intervention equipment
• Shaped charge manufacturing
• Wireline perforating solutions

Headquarters

HQ city

Millsap

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Perforating Systems and Hardware: GEODynamics designs, manufactures, and sells perforating systems, shaped charges, gun assemblies, and accessories. Products are sold as complete factory-loaded, turn-key perforating systems and as individual components (charges, boosters, detonators, gun hardware). Revenue is generated through one-time product sales and repeat purchases of consumable perforating components.
2. Completion Tools: Completion tools including SmartStart PLUS® and QuickStart® frac valves, EVOLV® composite frac plugs, bridge plugs, cement retainers, and setting tools are sold as manufactured equipment to oil and gas operators and service companies.
3. Intervention and Legacy Oil Tools: Power charges, ignitors, pipe recovery equipment, bi-directional boosters, detonators, and cast iron zonal isolation equipment are sold to service companies and operators for well intervention operations.
4. Software Simulation Services: GEODynamics provides simulation consulting services using iPerf® and PulsFrac® software tools for perforation strategy development. Services include advanced perforating system modeling and design for individual wells or entire fields.
5. Technology Evaluation and Custom Solutions: GTEC provides charge development, optimization, and testing services. Technik Solutions provides custom-designed, fit-for-purpose solutions for challenging well completion problems. StageCoach analytics is included with perforating solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

GEODynamics designs, engineers, and manufactures engineered perforating systems, completion tools, intervention equipment, and wireline-conveyed downhole products for oil and gas wells. The company also provides software simulation services (iPerf, PulsFrac), data analytics (StageCoach), and testing services through its GTEC Technology Evaluation Center for oilfield operators and service companies.

Product overview

GEODynamics is a global technology and manufacturing leader in perforating, downhole completion, intervention, and wireline conveyed solutions for the oil and gas industry. The company's product portfolio spans the entire life of a well and includes: Engineered Perforating Solutions (EPIC Precision, EPIC Flex, STRATX, CONNEX, HELLFire, FracIQ/FracIQ Pro, SandIQ Pro, RAZOR, BASIX/BASIX Frac, GEOPunch, IsoLoc, Eclipse), Completions Technology (SmartStart PLUS, QuickStart, EVOLV FracTrap), TCP Systems (tubing-conveyed perforating equipment), EPIC Command/Test/Switches (electronic control systems), Legacy Oil Tools (intervention equipment including power charges, pipe recovery, zonal isolation, boosters/detonators), and Services (StageCoach data analytics, GTEC testing center, iPerf/PulsFrac simulation software, Technik custom solutions, Release wireline technology). The portfolio integrates hardware products for perforating, completion, and intervention operations with software simulation and analytics services to optimize well performance from drilling through abandonment.

Differentiator

Problem solved

Functional benefit

Brands

• Legacy Oil Tools: Premium energetic tools including power charges, ignitors, pipe recovery equipment, detonators, bi-directional boosters, cast iron bridge plugs, cement retainers, and setting tools.
• EPIC Precision
• EPIC Flex
• EVOLV FracTrap
• StageCoach
• Connex
• HELLFire

Products and services

• EPIC Precision Perforating System
• EPIC Flex Perforating System
• STRATX Perforating System
• CONNEX Clean Perforation Technology
• HELLFire Perforating System
• FracIQ Perforating System
• FracIQ Pro Perforating System
• SandIQ Pro
• RAZOR Perforating
• BASIX Perforating
• BASIX Frac Perforating
• GEOPunch Perforation System
• IsoLoc Perforating System
• Eclipse Gun Assembly
• SmartStart PLUS Time Delay + Frac Valve
• QuickStart Inject + Frac Valve
• EVOLV + FracTrap Composite Plug System
• TCP Systems
• Legacy Oil Tools
• StageCoach Data Analytics
• GTEC Technology Evaluation Center Services
• Software Simulation Services (iPerf, PulsFrac)
• Technik Solutions

Quantifiable outcome

• Well productivity improves by 10-15% compared to conventional designs when using StageCoach data analytics modeling included with perforating solutions.
• +6 more outcomes

Named customers3 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

AI capability1 record

Feature18 records

Partnerships

Two partnerships are on record, tiered core.

• Cartridge Actuated Devices (CAD)coreChannel Partner/ Reseller/ Distributor · 17 September 2024GEODynamics is the exclusive global distributor for CAD oilfield products. This partnership means better, faster solutions for wireline and TCP service providers. CAD products include cartridge-actuated devices used in oilfield operations.
• HydraWellcoreStrategic or Co-development Partner · 1 June 2022GEODynamics partners with HydraWell in its Perforate, Wash and Cement (PWC®) system. The partnership enables operators to execute more efficient and cost-effective well plug and abandonment operations compared to other approaches.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• DynaEnergetics: DynaEnergetics designs and manufactures perforating systems, shaped charges, and downhole tools for the oil and gas industry, directly competing with GEODynamics' EPIC and STRATX product lines in unconventional completions.
• Owen Oil Tools: Owen Oil Tools, part of Core Laboratories, supplies shaped charges, perforating guns, and related downhole tools. It competes head-to-head with GEODynamics in perforating systems and Legacy Oil Tools intervention products.
• NCS Multistage Holdings: NCS Multistage provides multistage completion technologies for unconventional wells, including sliding sleeve systems and composite frac plugs, directly competing with GEODynamics' SmartStart, QuickStart, and EVOLV FracTrap product lines.
• Nine Energy Service: Nine Energy Service offers completion tools and services for unconventional oil and gas, including composite frac plugs and wellbore isolation technologies, overlapping directly with GEODynamics' completion and intervention portfolio.
• Packers Plus Energy Services: Packers Plus specializes in open-hole, multi-stage completion systems, including its StackFRAC and QuickFRAC technologies, which compete with GEODynamics' limited entry perforating and plug-and-perf solutions.
• RPC, Inc. RPC provides a range of oilfield services including pressure pumping, coiled tubing, and downhole tool services, with adjacent capabilities to GEODynamics in completions support and well intervention.

Broad incumbents

• Halliburton: Halliburton is one of the largest oilfield services companies globally, offering perforating, completion tools, and pressure pumping services that overlap with GEODynamics' portfolio through its Production Solutions and Completion Tools product lines.
• SLB (Schlumberger): SLB is the world's largest oilfield services provider with broad perforating, completions, and digital offerings. Its integrated well construction and stimulation solutions compete with GEODynamics' engineered perforating and completion tool portfolio.
• Baker Hughes: Baker Hughes is a major oilfield services and equipment company with perforating, completions, and intervention product lines, including its Oilfield Services & Equipment segment that competes broadly with GEODynamics' portfolio.
• Weatherford International: Weatherford is a global oilfield services company offering perforating, completion, and intervention products and services, competing broadly with GEODynamics in downhole tools and well construction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/GEODynamics
• Facebookfacebook.com/geodynamicsinc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 GEODynamics