Name

Metrol Technology

Legal name

Metrol Technology Ltd

Website

https://metrol.co.uk

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Aberdeen

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Wireless Telemetry Products and Services: Sale and deployment of wireless downhole telemetry systems including PARAGON and TRITON platforms, along with associated services for well testing, completion, and reservoir monitoring applications.
2. DST Services: Professional services for Drill Stem Testing including wireless well testing data acquisition, multi-zone testing, interference testing, and reservoir flow profiling.
3. Completion Services: Services for intelligent completion including thermal flow profiling, pressure monitoring, and flow control throughout various phases of well completion.
4. CCS Monitoring Services: Carbon Capture and Storage monitoring services for CO2 injection monitoring, measurement and verification using wireless pressure/temperature tools.
5. Barrier Monitoring Services: Wireless monitoring services for well barrier verification and qualification, including subsea barrier monitoring and annular integrity monitoring.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Metrol Technology designs, manufactures, and deploys proprietary wireless downhole telemetry systems for the oil and gas industry, using acoustic, electromagnetic, and inductive telemetry to acquire downhole pressure, temperature, and flow data and to actuate downhole valves without wireline intervention. The firm sells both hardware products (PARAGON, TRITON platforms, FLOW-SURE valves, OCULUS/SALAMANDER/NIXUS gauges) and professional services for Drill Stem Testing, completion, carbon capture and storage monitoring, and barrier monitoring.

Product overview

Metrol Technology provides downhole wireless solutions for the oil industry using acoustic, electromagnetic, and inductive telemetry. The product portfolio centers around PARAGON, a complete wireless communication system for downhole data acquisition and valve control, complemented by TRITON for subsea telemetry. Key products include: OCULUS and SALAMANDER gauges for pressure/temperature measurement; PRO-LOG for flow profiling; FLOW-SURE valve family (DV, MC, BV, SS, ST) for wireless flow control; CROSS-FIRE for intelligent perforating; ORIGIN for sampling; DEPTH-LOC for depth correlation; SENTINEL systems (BM, AM) for barrier and annulus monitoring; KUBIC-FLUX for formation pressure management; PARAGON EM for electromagnetic telemetry; and NIXUS durable gauges. Services include DST (Drill Stem Test), Completion, CCS Monitoring, and Barrier Monitoring services. MATRIX enables integration with Emerson Roxar permanent gauge systems.

Differentiator

Problem solved

Functional benefit

Brands

• PARAGON: A collection of telemetry methods that allows the wireless acquisition of multiple sources of downhole data and the actuation of devices for remote flow control of producing zone.
• TRITON

Products and services

• PARAGON Wireless Telemetry System A collection of telemetry methods allowing wireless acquisition of multiple sources of downhole data and actuation of devices for remote flow control of producing zones. Supports 10,000-20,000 psi MWP, -20° to 195°C temperature range, up to 10,000 metres depth range with lossless digital data transmission. For oil and gas well testing, completion, and reservoir monitoring operations.
• TRITON Subsea Telemetry Equipment A suite of ROV deployable subsea telemetry equipment enabling surface to downhole communication with PARAGON and an extensive range of sensors, actuators and valves. Rated 5,000 psi, -40° to 55°C, up to 10,000 ft depth, with 3-10 year battery life. For subsea oil and gas operations.
• PRO-LOG Wireless Temperature Monitoring Wireless system for mapping flowing temperature profiles of well zones. Deployable on perforating guns with continuous flow profiling capability for DST operations and production wells. For reservoir flow profiling and PTA analysis.
• OCULUS Pressure and Temperature Gauge Rugged wireless pressure and temperature gauge that transmits high-resolution data for DST operations and production wells. Used for stimulation, acid jobs, gravel packs, DST transient analysis, and leak detection. For oil and gas well operators.
• CROSS-FIRE Wireless TCP Firing Head Intelligent TCP (Tubing Conveyed Perforating) firing head that wirelessly controls and preferentially perforates multiple TCP guns in a single trip. Designed to actuate any percussion style firing head without pressure pulse signatures. For oil and gas perforating operations.
• DEPTH-LOC Wireless Depth Correlation Tool Wireless sensing tool for gamma correlation that wirelessly correlates string depth, removing wireline risk and saving up to 10 hours of rig time. Integrated with PARAGON system. For oil and gas well operators.
• ORIGIN Wireless Bottomhole Sampling System Intelligent sampling system that allows bottom hole samplers to be triggered individually and on demand in optimum conditions. Integrated with PARAGON telemetry for selective capture of multiple representative PVT samples offline. For oil and gas reservoir sampling operations.
• SALAMANDER Extreme Environment High-Temperature Gauge Extreme conditions high-temperature memory gauge with robust construction and quartz crystal accuracy. The first gauge for measuring in hostile downhole environments, considered the benchmark for high temperature gauges after 30 years. For HP/HT well testing and hostile downhole environments.
• PARAGON EM Electromagnetic Telemetry System Records and wirelessly transmits pressure and temperature measurements from multiple discrete locations in the well via electromagnetic telemetry. Engineered to fit with standard industry completion and abandonment equipment, enabling long-term observation and well test monitoring. For extended well testing and long-term monitoring.
• KUBIC-FLUX Formation Pressure Equilibration Tool Helps pressure equilibrate the formation when gauges are isolated. Used to create an under-balance across a cement plug or for barrier integrity checks by wirelessly opening an atmospheric chamber to formation pressure. For well barrier integrity verification.
• SENTINEL-BM Wireless Barrier Monitoring System Wireless barrier monitoring system for accessing barrier envelope data in subsea or dry tree environments. Multiple pressure and temperature sensors can be positioned below barriers with data accessed wirelessly at up to 7,500 P/T points per hour. For subsea well integrity verification and P&A operations.
• SENTINEL-AM Wireless Annulus Monitoring System Wireless annulus monitoring system providing access to annulus pressure and temperature in subsea environments. Multiple pressure sensors can be positioned in B and C annuli for pressure/temperature gradient collection. For subsea well integrity monitoring.
• NIXUS Durable Downhole Pressure Gauge Durable downhole pressure gauge suitable for use during DSTs with very low power consumption that will work for many years in production wells. Can be reprogrammed from surface for high time resolution data capture. For long-term well monitoring and DST operations.
• FLOW-SURE MC Multi-Cycle Wireless Sliding Sleeve A multi-cycle wireless sliding sleeve providing in-flow control or circulating valve functionality. Features multiple tool operation capability, dual redundant control system, non-elastomeric primary seals, and wireless activation confirmation at surface. For multi-zone well testing and production.
• FLOW-SURE BV Wireless Ball Valve A wirelessly controlled ball valve for lateral isolation, well testing, or formation saving. Features metal-to-metal primary seals, surface wireless control, built-in ball position sensor, and no packer feedthroughs. For well testing and formation isolation.
• FLOW-SURE DV Wirelessly Activated Dual Valve An integrated wirelessly activated dual valve system. Features metal-to-metal primary seals, wireless surface control, no packer feedthroughs, and confirmation of control system activation position provided wirelessly at surface. For multi-zone testing and DST operations.
• FLOW-SURE SS Single Shot Inflow Control Valve A single shot, in-flow control or circulating valve. Tool operations are recorded in memory for post job analysis, with options to run multiple sleeves in the same string operating independently. For well testing and zonal isolation.
• FLOW-SURE ST Single Actuation Downhole Valve A single actuation, non-elastomeric sealed downhole valve for transient testing, multi-zone testing, and extended buildup monitoring. Features multiple instant closures for clean start to build-ups with wireless and/or timer activation. For drill stem testing operations.
• DAB-V Dual-Action Ball Valve A dual-action ball valve controlled by applying pressure to the annulus. Can be used to pressure test a DST string, replace flapper valves, and function as a DST shut-in valve with non-elastomeric primary sealing. For DST string pressure testing and shut-in.
• KRYSALIS Retrievable Well Testing Packer A retrievable well testing packer system providing features and performance of a permanent production packer for drillstem testing. Single-trip hydraulically set design compatible with PARAGON wireless tools. For DST operations.
• Annulus Rupture Circulating Valve (ARC-V) A simple reversing valve with positive lock open/close feature. Operates by applying annulus pressure to burst a rupture disc, exposing eight circulating ports with flow area exceeding tool ID for efficient well killing operations. For well killing and circulation operations.
• Flapper Pressure Test Valve (FPT-V) Allows tubing string to be pressure tested while running in the hole. Features a flapper mechanism that seats and seals when pressure is applied from above but floats open against a retainer spring during run-in. For DST string pressure testing.
• Drain Valve Enables safe extraction of downhole trapped fluids between closed valves. Allows controlled bleed-off of trapped pressure with optional collection in a sample chamber, commonly used after drill stem tests. For post-DST well operations.
• MATRIX Wireless/Cabled Gauge Interface An interface combining Metrol's wireless telemetry with Emerson's Roxar cabled permanent downhole gauges. Enables clients to manage reservoirs efficiently while supplying life-of-well pressure gauge systems without need for packer penetrations. For upper completion integration with permanent monitoring.
• DST Services (Drill Stem Testing) Professional services for Drill Stem Testing including wireless well testing data acquisition, multi-zone testing, interference testing, reservoir flow profiling, depth correlation, and bottomhole sampling. For oil and gas operators conducting DST and interference testing.
• Completion Services Services for intelligent completion including thermal flow profiling, pressure monitoring, and flow control throughout various phases of well completion, including gas cusping and water coning mitigation. For well completion operators.
• Barrier Monitoring Services Wireless monitoring services for well barrier verification and qualification, including subsea barrier monitoring and annular integrity monitoring. For subsea operators and P&A service companies.
• CCS Services (Carbon Capture and Storage Monitoring) Carbon Capture and Storage monitoring services for CO2 injection monitoring, measurement and verification using wireless pressure/temperature tools. For CCS operators requiring regulatory compliance.

Quantifiable outcome

• Rig time savings of up to 336 hours per dual zone single trip DST
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature8 records

Partnerships

One partnership is on record.

• Emerson (Roxar)coreTechnology or IntegrationEmerson's Roxar provides the upper completion component with cabled permanent downhole gauges, while Metrol provides the lower completion component through their wireless telemetry technology. The MATRIX product integrates both systems to enable permanent gauge systems combined with wireless capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Halliburton: Halliburton is one of the three major oilfield services companies, offering downhole permanent monitoring, wireless telemetry, and a full suite of completion and intervention tools. Its Sperry Drilling and Production Solutions divisions compete with Metrol in downhole data acquisition and intelligent completions, but as part of a much broader portfolio.
• SLB (Schlumberger): SLB is the largest oilfield services company globally, with wireless permanent monitoring (e.g., Tempo, WellWatcher), intelligent completions, and a full digital well platform. It overlaps with Metrol in downhole telemetry, gauges, and zonal control, but competes with a fully integrated technology stack and global service footprint.
• Baker Hughes: Baker Hughes provides downhole monitoring, permanent gauges, and intelligent production systems through its Oilfield Services & Equipment segment. Its WellLink and FLITE wireless systems compete with Metrol's PARAGON platform, especially in mature field optimization.
• Weatherford International: Weatherford offers a broad portfolio including downhole gauges, intervention tools, and completion equipment that competes with Metrol's wireless telemetry and valve products. Like other large incumbents, it bundles its wireless offerings into integrated well construction contracts.

Emerging players

• DarkVision Technologies: DarkVision uses acoustic and ultrasound imaging for high-resolution downhole well inspection. While focused on imaging rather than telemetry/flow control, it competes in adjacent downhole sensing niches and represents a credible emerging entrant leveraging similar physics to Metrol's acoustic telemetry.

Direct peers

• Welltec: Welltec provides robotic wireline intervention and downhole tools for well intervention and P&A. It overlaps with Metrol in wireless well intervention tooling, especially for subsea and HP/HT environments, though with a stronger mechanical/robotic emphasis rather than telemetry.
• Packers Plus Energy Services: Packers Plus specializes in open-hole multi-stage completion systems and downhole tools, including pressure-actuated fracturing technologies. Its StackFRAC and related systems overlap with Metrol's FLOW-SURE multi-zone and wireless completion offerings.
• NCS Multistage: NCS Multistage provides well completion and stimulation technologies, including downhole flow control and reservoir monitoring tools. Its offerings intersect with Metrol's wireless completion, zonal isolation, and flow profiling capabilities.
• Expro Group: Expro is a specialist oilfield services company focused on well testing, intervention, and subsea well integrity — directly overlapping with Metrol's DST, completion, and barrier monitoring service lines. Its MiCOR and CaTS wireless gauges and subsea intervention services are close competitors.
• Tendeka: Tendeka is a Scotland-based specialist in downhole wireless monitoring, intelligent sand management, and zonal flow control — virtually identical in size, geography, and product focus to Metrol. The two companies compete head-to-head in wireless DTS, inflow control devices, and sand-face completion tools.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/metrol-technology
• Facebookfacebook.com/930144900438837

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

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 Metrol Technology