Tesseral Technologies

What Tesseral Technologies does

Tesseral Technologies Inc. develops commercial software for highly accurate seismic wavefield modeling, primarily serving oil and gas exploration workflows alongside geological surveys, engineering geophysics, and academic research. Founded in 1997 in Calgary by Dr. Alexander Sergeevich Kostyukevich and financial partner Lo Investment Ltd., the company has been part of TETRALE Technologies Group since 2009 and operates through a 11–50 person team with engineering in Calgary and Kyiv under the guidance of the intergovernmental Scientific and Technical Center of Ukraine. Support and distribution are handled through wholly-owned offices in Moscow and an authorized reseller in Beijing.

The core product suite centers on finite-difference wavefield modeling using scalar, acoustic, elastic, and anisotropic elastic equations for 2D, 2.5D, and 3D multi-component (1C/2C/3C) simulations. Tesseral 2D is the original commercial PC-based full-wave acoustic modeling package; Tesseral Pro extends this to 2D/2.5D/3D and bundles model-building, computation, visualization, and processing modules including velocity analysis, CDP stacking, time/depth migration, VSP migration, and AVO modeling. Tesseral Engineering, jointly developed with Brend-Vik Canada Inc. and Geodevice, addresses shallow-depth engineering applications up to 300 meters. Tesseral LC parallel-computing engines for Linux clusters and the recent Tesseral Pro v5.3.0 (October 2025) x64 migration enable large 3D-3C problems with claimed 25–50x GPU speedup. Distributed GPU acceleration, integrated well-data and surface-map input, and Tesseral Cloud internet-delivered access round out the technical platform.

Tesseral's commercial model is anchored on perpetual enterprise software licenses for Tesseral 2D, Tesseral Pro, and Tesseral Engineering, sold direct and through a global reseller network, supplemented by annual maintenance-and-support contracts as the core recurring stream. Newer revenue lines include Tesseral Cloud rental, project-based numerical modeling services, and onsite or videoconference training and consulting. Quote-based pricing applies across tiers; Tesseral Engineering is positioned as a lower-cost entry point. The customer base spans more than a dozen named national oil companies (Saudi Aramco, KOC, NNPC, Pertamina, Petronas, YPF, Petrobras, Japex, CNPC, SINOPEC, CNOOC), government geological surveys, oilfield service companies, and universities, with marketing conducted primarily through a multilingual website (English, Spanish, Chinese, Russian), LinkedIn, and Facebook. The company has received federal grants from the National Research Council of Canada and the Canadian Agency of International Development.

Name

Tesseral Technologies

Legal name

Tesseral Technologies Inc.

Website

https://tesseral-geo.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Tesseral Technologies Inc. is a Calgary-based developer of commercial seismic wavefield modeling software, serving national oil companies, geological surveys, oilfield service firms, and academic researchers worldwide since 1997.

Ownership category

akta.pro rank

Product category

Seismic Modeling Software

NAICS

Geophysical Surveying and Mapping Services (54136), Geophysical Surveying and Mapping Services (541360), Software Publishers (5132), Software Publishers (513210)

SIC

Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Seismic & Geoscience Services (Acquisition, Processing, Interpretation) (EUALABAK)

akta.pro secondary industry

Exploration & Prospecting (Geology, Geophysics, Seismic) (EUALAAAA)

Keywords

• Seismic wave modeling
• Geophysical software
• Oil gas exploration
• Finite difference methods
• Subsurface imaging software

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software License Sales: Perpetual software license sales for Tesseral 2D, Tesseral Pro, and Tesseral Engineering products. Licenses sold directly and through authorized resellers.
2. Maintenance and Support (M&S) Contracts: Annual maintenance and support contracts providing software updates, bug fixes, and customer support. Core recurring revenue stream.
3. Tesseral Cloud Services: Internet-based access to software for evaluation purposes, rental facilities, and consulting services. New revenue stream supplementing traditional license sales.
4. Consulting and Training Services: On-site and internet conferencing-based training and consulting services. Project-based forward modeling services with output data, recommendations, and final reports.
5. Modeling Services: Numerical seismic modeling services offered to customers requiring specialized project-based modeling work.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Tesseral Technologies develops and licenses commercial software packages for highly accurate seismic wave field modeling used in oil and gas exploration, national geological surveys, and academic research. The portfolio centers on finite-difference-based 2D, 2.5D, and 3D full-wave modeling tools (Tesseral 2D, Tesseral Pro, Tesseral Engineering, Tesseral Cloud) that simulate wave propagation in complex geological media including combinations of solids and fluids, anisotropic, fractured, and thin-layered environments, complemented by GPU-accelerated parallel computing engines for Linux clusters.

Product overview

Tesseral Technologies develops a suite of commercial seismic wave field modeling software. The core products are Tesseral 2D (2D full wave modeling) and Tesseral Pro (2D/2.5D/3D full wave modeling with four integrated modules: Model Building, Computation, Visualization, and Processing). Tesseral Engineering provides a cost-effective version for shallow-depth engineering geophysics. The product portfolio also includes parallel computing add-on engines (Tesseral LC 2D/2.5D/3D) for Linux clusters with GPU acceleration, Tesseral Cloud for internet-based access, and utility tools including FlexNet License Manager. The software uses finite-difference methods, ray tracing, and supports various wave equation approximations (scalar, acoustic, elastic, elastic anisotropic) for seismic survey planning, processing, and interpretation.

Differentiator

Problem solved

Functional benefit

Brands

• Tesseral 2D: First publicly available commercial software package for full seismic (acoustic) field modeling with built-in graphical interface for personal computers. Suitable for interactive analysis and depth-velocity model verification.
• Tesseral Pro
• Tesseral Engineering
• Tesseral Cloud

Products and services

• Tesseral 2D The first commercially available full seismic (acoustic) wave field modeling software package with a built-in graphical interface for personal computers, providing finite-difference modeling of wave propagation in heterogeneous media including combinations of solids and liquids. Suitable for interactive analysis and depth-velocity model verification by geophysicists.
• Tesseral Pro Full-wave modeling and seismic survey planning software for oil and gas fields, providing 2D, 2.5D, and 3D full-wave modeling (synthetic seismogram calculation) using finite-difference methods. Consists of four main modules: Model Building, Computation, Visualization, and Processing, and is aimed at upstream exploration, processing QC, and interpretation teams.
• Tesseral Engineering An entry-level, cost-effective version of the Tesseral suite for shallow-depth engineering geophysics tasks, supporting 2D models up to 300m depth with 101 channels and over 10 modeling methods from ray tracing to visco-elastic modeling with 3D TTI anisotropy and multiple 3D fracture systems. Jointly developed with Brend-Vik Canada Inc. and Geodevice.
• Tesseral View Free version of Tesseral software for viewing and basic analysis of seismic modeling results, provided as a standalone offering for users who need to inspect Tesseral outputs without a full commercial license.
• Tesseral Cloud Internet-based software access service that provides evaluation access, rental of computational facilities, and collaborative consulting services using Tesseral Technologies' corporate hardware infrastructure.
• Tesseral Modeling Services Project-based numerical seismic modeling services offered to clients requiring specialized seismic modeling work, delivered as a service producing output data, recommendations, and final reports.

Quantifiable outcome

• GPU acceleration provides 25-50x speedup for 3D-3C modeling of complex geological media
• +2 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Five partnerships are on record, tiered core and minor.

• TETRALE Technologies GroupcoreStrategic or Co-development PartnerParent holding company for Tesseral Technologies and TetraSeis since 2009. Provides corporate umbrella for group operations.
• Scientific and Technical Center of UkrainecoreStrategic or Co-development PartnerIntergovernmental organization that provides guidance for product R&D conducted in Calgary, Canada and Kyiv, Ukraine.
• Brend-Vik Canada Inc.minorStrategic or Co-development PartnerJoint development partner for Tesseral Engineering product, a specialized version for engineering geophysics applications.
• GeodeviceminorStrategic or Co-development PartnerJoint development partner for Tesseral Engineering product alongside Brend-Vik Canada Inc.
• China Authorized ResellerminorChannel Partner/ Reseller/ DistributorAuthorized reseller company in Beijing, China providing software support and distribution for Chinese market.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Halliburton / Landmark (SeisSpace, DecisionSpace): Halliburton's Landmark suite (SeisSpace, DecisionSpace) provides integrated seismic processing, inversion, and interpretation for exploration, with overlapping wavefield modeling and AVO functionality vs Tesseral Pro. Same NOC and service-company customer base, broader portfolio.
• SLB (Schlumberger) Petrel: Schlumberger's Petrel E&P platform is a broad subsurface software suite that includes seismic modeling, inversion, and interpretation workflows overlapping with Tesseral's wavefield modeling for oil & gas exploration customers. It competes as a full integrated platform where Tesseral is a specialist tool used alongside or instead of Petrel.
• Emerson (Paradigm Geophysical software): Emerson's Paradigm acquisition includes seismic processing, cross-section construction, and reservoir characterization software (Epos, SeisSpace) that competes with Tesseral in exploration geophysics. Comparable customer segments in NOCs and geological surveys.
• ION Geophysical (MESA, Omega): ION provides seismic data acquisition and processing software tools used by E&P clients with comparable exploration workflow focus. Overlaps as a broader geophysics platform serving NOC/service customers with related modeling capabilities.

Emerging players

• OpendTect: OpendTect is an open-source / commercial seismic interpretation platform with AVO, inversion, and attribute analysis capabilities targeted at smaller E&P teams and academic users. Overlaps with Tesseral's interpretation-verification use case for cost-sensitive and academic customers.
• DUG Technology (DownUnder GeoSolutions): DUG provides HPC-enabled seismic imaging software (DUG Insight, DUG Broad) used by oil & gas, service, and academic customers for large-scale processing and modeling. Overlaps with Tesseral's high-performance finite-difference modeling and cluster computing offerings.
• ffA (Foster Findlay Associates, now part of SLB): ffA historically provided seismic attribute analysis and AVA software for exploration geophysicists, directly comparable to Tesseral's AVO and attribute-related modeling capabilities. Served the same NOC, service-company, and academic customer base.

Others

• Petroleum Geo-Services (PGS): PGS is a global geophysical company offering seismic acquisition, imaging, and reservoir services with related modeling capabilities. Adjacent to Tesseral as part of the same exploration-geophysics ecosystem serving NOCs and oil majors.
• TGS (Imaging & Software): TGS is primarily a multi-client seismic data library but also offers imaging and software products (i.e., seismic data services) to oil & gas customers. Complementary to Tesseral's modeling software; both serve geoscientists in NOCs and service companies.

Direct peers

• CGG (Geophysical Software / GeoSoftware): CGG's GeoSoftware suite (Hampson-Russell, PowerLog, Insight) provides seismic inversion, AVO analysis, and rock physics tools directly comparable to Tesseral Pro's wavefield modeling and AVO capabilities for E&P clients. Both serve geophysicists in NOCs, service companies, and academia with specialized seismic interpretation software.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/pg/Tesseral-Technologies-Inc-1754701568154208/community
• LinkedInlinkedin.com/company/18000957

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 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 Tesseral Technologies