Cayros Group

What Cayros Group does

Cayros Group is a privately-held Calgary-based Oil & Gas consulting firm founded in 2014 that provides specialized scientific and technical services to exploration and production (E&P) companies across the Americas and internationally. The firm delivers integrated studies across six service lines: Geology & Geophysics, Seismic Post-Processing Enhancement, Reservoir & Production Engineering, Advanced Petrophysics, Field Development Planning, and Facility & Process Engineering, with Borehole Geology Services as an additional specialty.

The firm's core technology stack is built around three proprietary assets: C-Fields©, a cloud-native field development planning platform that integrates subsurface, drilling, production, and surface facility data for interactive scenario analysis; Seismic Geometric Decomposition (SGD), a patented seismic processing technique validated in over 150 fields worldwide that improves fault and reservoir architecture delineation; and the Computer Vision Technique (CVT), an ML-driven image analysis tool used for facies prediction, rock typing, and quantitative log generation from outcrops, cores, and borehole images. Additional proprietary tools cover borehole image processing (Techlog plug-in, image log interpretation), saturation height modeling, capillary pressure analysis, formation water characterization, cased-hole pulsed neutron log analysis, and horizontal well geosteering. LithoHero, a mobile core/outcrop description application, supports field data capture.

Cayros generates revenue through project-based professional services engagements (consulting and technical studies) combined with licensing potential of its proprietary software platforms (C-Fields© and SGD) and direct-to-consumer / corporate training revenue from virtual field trips and traditional field courses delivered in partnership with Immersive Geology and GCS Argentina. The firm operates from offices in Canada (HQ), Mexico, Colombia, Barbados, and a USA admin-only location, with additional delivery across 20+ countries through direct engagement and strategic partnerships; the customer base spans national oil companies (Pemex), Canadian producers (Cenovus, Whitecap, Vermillion, Obsidian, Strathcona, Ember Resources), and Latin American independents and majors (Pluspetrol, Petrotal, 3R Petroleum, Vista Energy, Pampa Energy, PriO, Wintershall Dea, Phoenix Production, CCED, Eneva).

Name

Cayros Group

Legal name

CAYROS group Inc.

Website

https://cayrosgroup.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Cayros Group is a Calgary-based, privately-held Oil & Gas consulting firm founded in 2014, delivering integrated geoscience, reservoir, petrophysics, field development, and borehole geology services to E&P companies across the Americas and internationally through proprietary platforms (C-Fields©, patented SGD, CVT).

Ownership category

akta.pro rank

Product category

Oil & Gas Consulting Services

NAICS

Geophysical Surveying and Mapping Services (541360), Other Scientific and Technical Consulting Services (541690)

SIC

Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Field Development Planning & Subsurface Reservoir Engineering (EUALAAAC)

akta.pro secondary industries

Exploration & Prospecting (Geology, Geophysics, Seismic) (EUALAAAA), Seismic & Geoscience Services (Acquisition, Processing, Interpretation) (EUALABAK), Geotechnical & Subsurface Engineering Consulting (BPAHAIAB)

Keywords

• Oil and gas consulting
• Reservoir characterization
• Field development planning
• Seismic processing services
• Subsurface evaluation

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consulting and Technical Services: Cayros generates revenue primarily through consulting and specialized technical services including geology and geophysics, reservoir engineering, petrophysics, field development planning, seismic processing, borehole geology, and facility engineering. These are delivered as professional services engagements, either as standalone projects or integrated studies. The company works jointly with client teams, providing expertise and proprietary technology.
2. Proprietary Technology Licensing/Software: Revenue from proprietary software platforms including C-Fields© field development planning software and Seismic Geometric Decomposition (SGD) technology. While primarily used in-house to support consulting engagements, these represent differentiated intellectual property that can be licensed or embedded in client workflows.
3. Training and Field Courses: Revenue from immersive virtual field trips and training programs for geoscientists in the Oil & Gas industry. Includes in-house training solutions, traditional field courses, and virtual reality field trips to outstanding outcrops. Programs are guided by expert instructors and include forums, master classes, and learning evaluation systems.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Cayros Group provides scientific consulting and specialized technical services to the Oil & Gas industry, including geology and geophysics, reservoir and production engineering, advanced petrophysics, borehole geology, facility engineering, and field development planning. The firm integrates its multidisciplinary consultant team with client teams to deliver customized subsurface characterization, exploration, and field optimization solutions, supported by proprietary technology platforms such as C-Fields© for field development planning, Seismic Geometric Decomposition (SGD) for seismic processing, and Computer Vision Technique (CVT) for image-based reservoir analysis.

Differentiator

Problem solved

Functional benefit

Brands

• C-Fields©: Cloud-native platform for Advanced Field Development Planning that allows fast and interactive creation and analysis of unlimited scenarios for oil and gas development projects.
• SGD - Seismic Geometric Decomposition
• CVT - Computer Vision Technique
• LithoHero

Products and services

• Geology & Geophysics Consulting Subsurface consulting covering geological and geophysical analysis for exploration, reservoir characterization, and structural/stratigraphic interpretation, delivered to E&P companies.
• Seismic Post-Processing Enhancement Seismic data conditioning, post-processing, and interpretation enhancement services using proprietary workflows (including SGD-based processing) for E&P clients.
• Reservoir & Production Engineering Reservoir simulation, waterflooding and EOR project evaluation, material balance, production forecasting, economic evaluation, and reserves evaluation services for E&P companies.
• Advanced Petrophysics Formation evaluation, rock typing, saturation height modeling, capillary pressure analysis, and reservoir characterization petrophysical services for conventional and unconventional reservoirs.
• Field Development Planning Services Integrated field development plan consulting combining G&G, reservoir engineering, drilling/completions, production, and surface facilities into scenario-based economic and risk evaluation for oil and gas fields.
• Facility & Process Engineering Heavy oil flow assurance, process simulation, steady-state multiphase flow modelling in oil and gas networks and pipeline systems for E&P projects.
• Borehole Geology Services Processing and interpretation of high-resolution borehole image data from vertical and horizontal wells, supporting all major wireline imaging tools (EMI, FMI, OBMI, FMS, Earth Imager, XRMI, UBI, CBIL, STAR, RAB, ARI, DualOBMI, Quanta Geo) for structural, fracture, facies, and textural analysis.
• C-Fields© Field Development Planning Platform Cloud-native advanced field development planning software that enables fast and interactive creation and analysis of unlimited scenarios, integrating data from Geology/Geophysics, Reservoir Engineering, Drilling/Completions, Production, and Surface facilities to quantify offshore and onshore oilfield risk and economic value.
• SGD - Seismic Geometric Decomposition Patented technique that captures the internal architecture of seismic reflectors to produce high-definition seismic volumes, improving fault system delineation and reservoir architecture analysis; proven in 150+ fields worldwide.
• CVT - Computer Vision Technique Machine-learning driven computer vision tool that extracts quantitative data (intensity, morphology, texture, component detection) from outcrop, core, and borehole images for facies prediction, rock typing, Net-to-Gross quantification, and core depth matching.
• Virtual Field Trips & Training Immersive virtual field trips, in-house training, and traditional field courses for geoscientists and engineers, delivered with VR-compatible technology and guided by expert instructors in major sedimentary basins (Argentina, Italy, Spain, Trinidad, Venezuela, Colombia, China).

Quantifiable outcome

• Successfully completed over 70 integrated projects across 40 fields
• +3 more outcomes

Named customers19 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature12 records

Partnerships

Two partnerships are on record, tiered core.

• GCS Argentina (GCS Geological Services)coreStrategic or Co-development PartnerGCS Geological Services is CAYROS Group's strategic partner in Argentina. Located in Bahía Blanca, Buenos Aires, GCS provides CAYROS with field training capabilities, virtual field trip platforms (viedma.gcsargentina.com), and immersive geology training experiences. GCS and CAYROS collaborate on delivering the 'Exploration in Deep-Water Reservoirs' field course in Tierra del Fuego, Patagonia. GCS has over 30 years of experience conducting field courses in major sedimentary basins worldwide.
• Immersive GeologycoreStrategic or Co-development PartnerImmersive Geology is a collective of experts that CAYROS collaborates with for delivering immersive virtual field trips and training in the Oil & Gas industry. They offer high-quality courses using cutting-edge VR-compatible technology to create virtual scenes in the most didactic geological outcrops. The partnership enables CAYROS to deliver 360-degree virtual field trips with 3D models, detailed photographs, and in-situ geological explanations.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Halliburton: Global oilfield services major with Landmark Solutions for E&P software and consulting. Comparable to Cayros in reservoir characterization and field development but with significantly broader service portfolio and global reach.
• Schlumberger (SLB): World's largest oilfield services company offering integrated geoscience, reservoir, drilling, and production software (Petrel, Techlog, Eclipse). Overlaps with Cayros across seismic interpretation, petrophysics, and field development planning but at vastly larger scale and with full enterprise software suites.
• Petroleum Geo-Services (PGS): Marine and land geophysics company offering seismic surveys, imaging services, and digital subsurface solutions. Comparable to Cayros' seismic processing and reservoir characterization work, though PGS is much larger and capital-intensive in survey acquisition.
• Baker Hughes: Integrated oilfield services and industrial energy technology company offering DecisionSpace geoscience software and reservoir consulting. Comparable to Cayros in subsurface workflows and E&P consulting but with much larger installed base.
• Emerson E&P Software (Paradigm/Roxar): Software suite for reservoir modeling, seismic interpretation, and production operations within Emerson's broader automation portfolio. Comparable to C-Fields© in field development planning workflows but sold as part of a much larger enterprise software franchise.

Direct peers

• Ikon Science: Specialized geophysics and reservoir technology company offering RokDoc software for seismic inversion, rock physics, and geomechanics. Direct peer in the same niche of independent geoscience consultancies with proprietary seismic processing IP.
• Core Laboratories: Provider of reservoir description and production enhancement services to the oil and gas industry, with proprietary technologies in core analysis, reservoir sampling, and field diagnostics. Direct overlap with Cayros' reservoir characterization and petrophysics offerings for E&P operators.
• TGS: Provider of multi-client geoscience data and subsurface intelligence for the energy industry. Overlaps with Cayros in seismic-based reservoir characterization, though TGS is primarily a data library business while Cayros is a services/IP business.
• RPS Group (subsurface division): Independent consulting firm providing subsurface and reservoir advisory services to E&P operators, with overlapping capability in reservoir engineering, petrophysics, and field development planning for both conventional and unconventional assets.
• CGG (Compagnie Générale de Géophysique): Global geoscience company providing seismic acquisition, processing, interpretation, and reservoir characterization services. Comparable to Cayros' seismic processing and interpretation business with a more capital-intensive data library model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cayros-group
• Xx.com/rsolutions

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 Cayros Group