iWell

What iWell does

iWell, operated by Designio LLC, is a US-based SaaS provider of production and field-data software purpose-built for small and midsize oil and gas operators. The platform combines a mobile field-data-capture application (iWell Pumper), cellular remote monitoring hardware for tanks, pressure, gas flow, and site security (iWell Remote family, including the Remote Camera), a web-based production reporting dashboard (iWell Reports) with state and federal compliance templates including Texas RRC, and a RESTful integration layer (iWell Connect) that links to SCADA, accounting, and database systems. The iWell Remote hardware carries Class I, Division I & II intrinsically safe certification for hazardous-location and H2S environments, and the platform supports offline data entry on iOS, Android, and web.

iWell's commercial model is a fully bundled monthly subscription with no upfront equipment, installation, connectivity, training, or support fees, priced as low as $35 per remote monitor per month and $55 per month for iWell Pumper, with a 30-day test drive available. The go-to-market combines product-led direct website sales, app store distribution, inside sales supported by demos and chat, and recurring regional industry trade shows (KIOGA, IOGA, Oklahoma Oil & Natural Gas Expo). The company self-describes as the "#1 production software" for its target segment and cites customer outcomes including 67% less time on paperwork and 33% operational cost savings.

The company is privately held, bootstrapped, and headquartered in Monument, Colorado with additional offices in Colorado Springs and College Station, Texas. Co-founder and president Luke Brenner leads a team of 11-50 employees. There is no disclosed institutional funding, no reported revenue, and operations are confined to the United States. The first documented product activity dates to a 2017 KIOGA debut, with major platform and hardware refreshes in 2023.

Name

iWell

Legal name

Designio LLC

Website

https://iwell.info

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

iWell, operated by Designio LLC, is a bootstrapped US SaaS vendor that provides mobile field-data capture, cellular remote tank and pressure monitoring, and compliance reporting software to small and midsize oil and gas operators. Its subscription bundles hardware, software, and support with no upfront fees, priced as low as $35 per month.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. iWell Pumper Subscription: Monthly subscription software license for field data capture application. Includes iWell Reports at no additional cost. No set-up, training, or support fees.
2. iWell Remote Monitoring: Monthly subscription at $35/monitor for remote tank, pressure, gas flow monitoring. Includes iWell Reports, mobile apps, and customer support. No upfront equipment costs - equipment provided as part of service.
3. Remote Hardware (Tank/Pressure/Camera): Remote monitoring hardware sold as part of the subscription service with no upfront equipment costs. Hardware is warranted for life and included in monthly pricing.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

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Product overview

iWell is a production software platform for small and midsize oil and gas operators, consisting of four integrated modules: iWell Pumper (mobile field data capture app), iWell Remote (hardware sensors for tank/pressure/gas monitoring), iWell Reports (production dashboard and reporting), and iWell Connect (RESTful API for third-party integrations). An additional product, iWell Remote Camera, provides security monitoring for remote sites. All modules share data through the iWell platform, with iWell Reports serving as the central hub for production analytics and iWell Connect enabling connectivity to accounting systems, SCADA systems, and databases.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 33% reduction in operational costs
• +3 more outcomes

Named customers1 record

Segments3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Feature6 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• WellAware: WellAware provides remote monitoring and field data analytics for oil and gas operators, directly competing with iWell Remote in tank, pressure, and compressor monitoring for small and midsize producers.
• EnergySys: EnergySys is a cloud-native production operations platform for oil and gas operators, competing directly with iWell on production data capture, reporting, and upstream workflow automation.

Broad incumbents

• P2 Energy Solutions: P2 (formerly Tobin/P2ES) sells enterprise upstream production, accounting, and land management software like Aries and Excalibur; a much larger incumbent that competes for the same production-reporting workflows iWell serves.
• Quorum Software: Quorum offers a broad oil and gas software suite spanning production, accounting, and land; overlaps with iWell on production reporting and operator accounting workflows, particularly for independents.
• Schlumberger (SLB): Schlumberger's upstream software portfolio (e.g., Avocet, Petrel) targets production optimization across the value chain; competes indirectly with iWell in production data and well monitoring for operators of all sizes.
• Halliburton Landmark: Halliburton's Landmark division offers DecisionSpace and other upstream software for production and reservoir management, overlapping with iWell's production reporting capabilities at the enterprise end of the market.
• Aclara (Hubbell): Aclara, a Hubbell company, provides utility- and resource-industry IoT sensor networks and data management; overlapping with iWell in remote telemetry hardware and monitoring-as-a-service for resource operators.

Emerging players

• Wellntel: Wellntel focuses on groundwater and oil/gas well-level monitoring and analytics; a smaller, emerging player in well-data monitoring with partial overlap to iWell's remote wellsite instrumentation.
• FreeWave Technologies: FreeWave provides industrial IoT radios and SCADA hardware for remote oilfield, pipeline, and water/wastewater assets — comparable to iWell Remote's cellular monitoring hardware layer at the wellsite.
• Actenum: Actenum delivers production operations decision-support software for upstream oil and gas, including scheduling and activity tracking; adjacent to iWell in workflow automation for small and midsize operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/iWellSoftware
• LinkedInlinkedin.com/company/iwell

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

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 iWell