Pegasus Vertex
Pegasus Vertex is a Houston-based software firm that builds engineering simulation software for oil and gas drilling and completion operations, selling term-licensed modules globally to operators and service companies as a subsidiary of LINQX.
- Company typePrivate
- Founded2000
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Pegasus Vertex does
Pegasus Vertex, Inc. (PVI) is a Houston-based software firm founded in 2000 that builds engineering simulation software for drilling and completion operations in the oil and gas industry. Its product suite comprises roughly 30 standalone modules organized across drilling operations (TADPRO, HYDPRO, DEPRO, SurgeMOD, CTEMP, UBDPRO, StuckPipePro, BridgePRO, CDEx, BHAPRO), mud reporting (MUDPRO+, MudManager), casing wear (CWPRO), cementing (CentraDesign, CEMVIEW, CEMPRO, CEMLab, PlugPRO, CEMLife, LCPRO), wellbore cleanup (CleanMax, CleanMax+), and auxiliary tools (Dr. DE, PathView, TMPRO, SplitFlow, MSCluster, SolidsPRO), plus mobile companion apps. The technology stack rests on proprietary engineering algorithms — including mesh-based numerical methods for cementing displacement efficiency, pressure- and temperature-dependent fluid rheology, and hierarchical well-planning models — supplemented by integrated reference data such as the BHA pattern database and DEA-42 casing-wear data.
The company serves two primary segments: oil and gas operators (onshore and offshore E&Ps) and oil and gas service companies (drilling contractors and specialized service providers), selling globally through direct enterprise sales and a network of regional agents in China (Beijing Oil and Gas Technology, Inc.) and Mexico (Ecosolutions, Globus Oil & Gas Services). In January 2023, PVI discontinued perpetual licenses and transitioned exclusively to term-based subscription licensing (one, three, six, or twelve months) with an annual Upgrade & Maintenance plan covering technical support and software upgrades; it also generates revenue from engineering consulting and a training school. The firm is now a subsidiary of LINQX, with founders Gefei Liu (founder and president) and Hu D. (CTO) leading a team of 11–50 employees.
Pegasus Vertex firmographics
Firmographics- Name
- Pegasus Vertex
- Legal name
- Pegasus Vertex Inc.
- Website
- https://pvisoftware.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Pegasus Vertex is a Houston-based software firm that builds engineering simulation software for oil and gas drilling and completion operations, selling term-licensed modules globally to operators and service companies as a subsidiary of LINQX.
- Ownership category
- akta.pro rank
Pegasus Vertex industry classification
Industry- Product category
- Drilling Engineering Software
- NAICS
- Drilling Oil and Gas Wells (213111)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)
- akta.pro secondary industry
- Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC)
Keywords
Where Pegasus Vertex is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Pegasus Vertex business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licensing: PVI discontinued selling perpetual licenses as of January 2023. The company now licenses software on a term basis: one month, three months, six months, or one year terms. This represents a shift from one-time license purchases to recurring subscription revenue.
- Upgrade and Maintenance (U&M) Plan: Annual maintenance plan covering technical support, software upgrades/updates, and compatibility maintenance with updated Windows operating systems. For leasing licenses, U&M is valid for the duration of the license term. For perpetual licenses, U&M must be renewed separately.
- Engineering Consulting Services: Professional engineering consulting services for drilling operations.
- Training School: Online and in-person training programs including cementing engineering software suite training, torque and drag software training, and training videos.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Monthly Term License |
| Subscription | Pay-as-you-go | Quarterly Term License |
| Subscription | Pay-as-you-go | Semi-Annual Term License |
| Subscription | Annual | Annual Term License |
| Subscription | Annual | Upgrade and Maintenance Plan |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Pegasus Vertex product offering
Product offeringCore offering
Pegasus Vertex (PVI) develops and licenses specialized drilling engineering simulation software for the oil and gas industry. The software suite covers torque and drag modeling, drilling hydraulics, cementing job simulation, mud reporting, casing wear prediction, centralizer placement, wellbore cleanup, lost circulation, stuck pipe analysis, and circulation temperature. The company also delivers engineering consulting services and training school programs to support customer adoption.
Product overview
Pegasus Vertex (PVI) offers a comprehensive portfolio of drilling software solutions for the oil and gas industry, now operating under LINQX. The product suite consists of standalone engineering software modules organized into distinct categories: Drilling Operation software (TADPRO, HYDPRO, DEPRO for torque/drag/hydraulics, plus SurgeMOD, CTEMP, UBDPRO, StuckPipePro, BridgePRO, CDEx, BHAPRO); Mud Reporting (MUDPRO+, MudManager); Casing Wear (CWPRO); Cementing Job software (CentraDesign, CEMVIEW, CEMPRO, CEMLab, PlugPRO, CEMLife, LCPRO); Wellbore Cleanup (CleanMax, CleanMax+); and Other utilities (Dr. DE, PathView, TMPRO, SplitFlow, MSCluster, SolidsPRO). The company also provides mobile companion apps (Dr. DE Lite, CEMPRO Lite, CentraDesign Lite, CleanMax Lite, MUDSheet), engineering consulting services, and professional training. PVI discontinued perpetual licenses in January 2023 and now operates a software leasing model with flexible term options (one month to one year), along with an Upgrade and Maintenance (U&M) plan covering technical support, software upgrades, and Windows compatibility maintenance.
Differentiator
Problem solved
Functional benefit
Products and services
- DEPRO - Torque, Drag and Hydraulics Model Comprehensive torque, drag, and hydraulics simulation software for well planning and drilling operations, providing hierarchical well planning, real-time field data integration, and customizable graph settings for oil and gas operators and drilling engineers.
- TADPRO - Torque and Drag Model Advanced torque and drag simulation software featuring hierarchical well structures, BHA pattern database, sensitivity analysis, centralizer impact evaluation, and built-in optimization tools for drilling engineers and well planners.
- HYDPRO - Drilling Hydraulics Model Drilling hydraulics simulation software that calculates pressure profiles, hole cleaning, ECD, EMW, and includes advanced options for ROP, RPM, eccentricity, and tool joint considerations for drilling engineers.
- MUDPRO+ - Advanced Drilling Mud Reporting Model Advanced drilling mud reporting software that tracks mud properties, calculates ECD and pore pressure, supports WITSML exports, and integrates with daily drilling reports for drilling and mud engineers.
- MudManager - Drilling Fluid Data Management System Comprehensive drilling fluid data management system for tracking and managing mud properties, inventory, and costs throughout drilling operations.
- CWPRO - Casing Wear Prediction Model Casing wear prediction software that calculates cumulative casing wear from drill string operations, handles non-linear correction for wear factor, and determines worn casing collapse strength.
- CentraDesign - Centralizer Placement Model Centralizer placement optimization software that calculates standoff, torque, and drag effects when centralizers are free to rotate, supporting multiple centralizer types on the same string.
- CEMPRO - Cementing Job Model Cementing job simulation software using mesh-based numerical methods to predict displacement efficiency, mud removal, and includes foam rheology calculation and P/T dependent density and rheology for cementing engineers.
- CEMVIEW - Cementing Engineering Toolbox Cementing engineering toolbox providing comprehensive tools for cement job design, analysis, and optimization.
- CEMLab - Cementing Lab Data Management System Cement lab data management system for managing slurry testing, spacer formulation, and equipment utilization with customizable slurry volume settings for cementing lab operators.
- PlugPRO - Cement Plug Placement Model Cement plug placement simulation software for planning and optimizing cement plug jobs in well abandonment operations.
- CEMLife - Cement Stress Model Cement stress analysis software for evaluating cement sheath behavior under downhole conditions.
- LCPRO - Lost Circulation Model Lost circulation analysis software for selecting appropriate bridging agent sizes and predicting lost circulation events.
- CleanMax - Wellbore Cleanup Model Wellbore cleanup simulation software for planning and optimizing displacement operations to achieve effective hole cleaning.
- CleanMax+ - Advanced Wellbore Cleanup Model Advanced wellbore cleanup software covering all DISPLEX functions plus up to 16 operation stages for land wells, 9 flow paths for deep water, fluid compressibility, P/T dependent rheology, and support for coiled tubing operations.
- SurgeMOD - Surge Pressure Prediction Model Surge and swab pressure prediction software for calculating pressure fluctuations during pipe movement in the wellbore.
- CTEMP - Circulation Temperature Model Circulation temperature prediction software for calculating transient heat transfer between wellbore and sea water/rock formation in deep water operations.
- UBDPRO - Underbalanced Drilling Hydraulics Model Underbalanced drilling hydraulics software for simulating drilling operations where wellbore pressure is kept lower than formation pore pressure.
- StuckPipePro - Stuck Pipe Analysis Model Stuck pipe analysis software for diagnosing and analyzing stuck pipe situations during drilling operations.
- BridgePRO - Bridging Agent Size Selection Model Bridging agent size selection software for determining appropriate lost circulation material sizes based on formation characteristics.
- CDEx - Casing Design Expert Casing design expert system providing comprehensive analysis and recommendations for casing string design.
- BHAPRO - BHA Modeling Model Bottom Hole Assembly (BHA) modeling software for designing and analyzing BHA behavior during directional drilling.
- Dr. DE - Drilling Engineering Toolbox Comprehensive drilling engineering toolbox providing various calculations and tools for drilling engineers.
- PathView - Well Path Visualization Model Well path visualization software for mapping and displaying directional survey data using circular arc connections.
- TMPRO - Tubing Movement Model Tubing movement analysis software for predicting tubing behavior during production operations.
- SplitFlow - Split Flow Hydraulics Model Split flow hydraulics software for analyzing multi-phase flow in wellbore configurations.
- MSCluster - Well Fracturing Model Well fracturing analysis software for planning and modeling multi-stage fracturing operations.
- SolidsPRO - Advanced Solids Control Reporting Model Advanced solids control reporting software for tracking and reporting solids removal efficiency in drilling operations.
- Dr. DE Lite - Mobile App Mobile companion app for drilling engineering calculations and toolbox functions.
- CEMPRO Lite - Mobile App Mobile companion app for cementing visualization and basic calculations.
- CentraDesign Lite - Mobile App Mobile companion app for casing centralization calculations.
- CleanMax Lite - Mobile App Mobile companion app for wellbore cleanup calculations.
- MUDSheet - MUDPRO Companion Mobile App Mobile companion app for MUDPRO+ providing mud reporting and tracking functionality.
- Engineering Consulting Services Professional engineering consulting services for drilling operations, cementing, and well construction delivered by PVI's engineering team.
- Training School Online and instructor-led training courses for PVI software products including cementing engineering software suite and torque and drag software training.
Quantifiable outcome
- Mesh-based numerical methods for accurate displacement efficiency prediction
- +2 more outcomes
Companies that use Pegasus Vertex
Customer profileSegments2 records
Ideal customer profiles2 records
Pegasus Vertex technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Pegasus Vertex partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and regional.
- LINQXcorePegasus Vertex (PVI) is now part of LINQX, bringing together decades of engineering expertise and advanced digital solutions to drive innovation in well construction and well stimulation. Under LINQX, PVI's industry-leading drilling software continues to evolve, delivering greater efficiency, precision, and automation. The expanded portfolio empowers operators and service companies with cutting-edge technology.
- Beijing Oil and Gas Technology, Inc.regionalAuthorized agent representing PVI in Beijing, China.
- EcosolutionsregionalAuthorized agent representing PVI in Campeche, Mexico.
- Globus Oil & Gas ServicesregionalAuthorized agent representing PVI in Mexico.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Pegasus Vertex competitors and assessment
Company assessmentDirect peers
- Petroleum Experts (Petex): Petroleum Experts offers the IPM suite (PROSPER, MBAL, GAP) and MOVECATE drilling engineering tools, directly competing with PVI's torque, drag, and well planning capabilities for the same E&P and service-company buyers. Both vendors focus on specialized engineering simulation for upstream oil and gas.
- JRS Petroleum Research: JRS Petroleum Research provides drilling engineering software and consulting with a focus on torque, drag, and hydraulics simulation similar to PVI's DEPRO and TADPRO. The company serves a comparable niche of independent operators and service companies.
- Knowledge Reservoir: Knowledge Reservoir provides drilling engineering software and consulting, including torque, drag, and wellbore stability tools that compete with PVI's offerings. Both vendors target the same independent operator and service-company customer base with specialized drilling simulation software.
Broad incumbents
- Halliburton Landmark (DrillWorks / DecisionSpace): Halliburton's Landmark Software offers DrillWorks and DecisionSpace drilling engineering suites that overlap with PVI's torque/drag and hydraulics tools. As a major oilfield services incumbent, Landmark bundles drilling software into broader digital well construction portfolios for global operators.
- SLB (Schlumberger) - Petrel / DrillBench: SLB's Petrel platform and DrillBench offer drilling engineering and well planning functionality that competes with PVI's DEPRO and TADPRO. As the largest oilfield services company, SLB integrates drilling software with the DELFI E&P cloud ecosystem, posing a cloud-native competitive threat to standalone desktop tools.
- Emerson Paradigm (SKUA-GOCAD): Emerson's Paradigm division offers subsurface and drilling engineering software with overlapping well planning and wellbore simulation capabilities. As a broad industrial software incumbent, Emerson serves E&P operators with an integrated portfolio spanning drilling through production.
Emerging players
- Blade Energy Partners: Blade Energy Partners offers drilling engineering consulting and software tools for well planning and operations. Their offering overlaps with PVI's drilling simulation suite, though Blade is more consulting-weighted and operates at a smaller scale.
- ANSYS: ANSYS provides multiphysics simulation platforms that can be applied to drilling engineering challenges such as casing wear, cement integrity, and wellbore stability. While broader than PVI's domain-specific tools, ANSYS represents a horizontal simulation alternative for engineering teams.
- Enverus (drilling analytics): Enverus offers drilling analytics and decision-support software that competes for software budget alongside PVI's drilling engineering tools. Enverus has a data-and-analytics orientation rather than first-principles simulation, making it adjacent rather than directly substitutable.
- Roxar (Emerson) - RMS: Roxar (part of Emerson) provides reservoir modeling and drilling software that overlaps with PVI's domain. It is more focused on reservoir simulation but competes for software budget within the same engineering organizations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Pegasus Vertex social profiles
Digital presencePegasus Vertex financial estimates
Financial estimateRevenue estimate
Valuation estimate
Pegasus Vertex leadership team
Management profileNumber of profiles
Profiles2 records
Pegasus Vertex funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Pegasus Vertex 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 Pegasus Vertex
What does Pegasus Vertex do?
Pegasus Vertex (PVI) develops and licenses specialized drilling engineering simulation software for the oil and gas industry. The software suite covers torque and drag modeling, drilling hydraulics, cementing job simulation, mud reporting, casing wear prediction, centralizer placement, wellbore cleanup, lost circulation, stuck pipe analysis, and circulation temperature. The company also delivers engineering consulting services and training school programs to support customer adoption.
Is Pegasus Vertex a public or private company?
Pegasus Vertex is a private company. It is classified as corporate owned and is currently operating.
When was Pegasus Vertex founded?
Pegasus Vertex was founded in 2000. It employs 11 to 50 people.
Where is Pegasus Vertex based?
Pegasus Vertex is headquartered in Houston, United States, in the North America region.
How does Pegasus Vertex make money?
Four revenue lines are on record. Software Licensing is the primary driver. The others are upgrade and Maintenance (U&M) Plan, engineering Consulting Services and training School.
Who are Pegasus Vertex's main competitors?
Direct peers on record are Petroleum Experts (Petex), JRS Petroleum Research and Knowledge Reservoir. Broad incumbents are Halliburton Landmark (DrillWorks / DecisionSpace), SLB (Schlumberger) - Petrel / DrillBench and Emerson Paradigm (SKUA-GOCAD). Emerging players are Blade Energy Partners, ANSYS, Enverus (drilling analytics) and Roxar (Emerson) - RMS.
Does Pegasus Vertex have an API?
No public API is recorded for Pegasus Vertex.
What industry is Pegasus Vertex in?
Pegasus Vertex's product category is Drilling Engineering Software. Its primary akta.pro industry code is EUALABAM, OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance), with a secondary code of EUALABAC, Well Construction & Completion Services (Cementing, Casing, Tubular Running). Its NAICS code is 213111 and its SIC code is 1389.