Meyer and Associates
Meyer and Associates is a privately held hydraulic fracturing software provider, founded 1985 in Natrona Heights, Pennsylvania, that develops the MFrac™ and MShale™ physics-based simulators for unconventional well stimulation design, now distributed as Baker Hughes' JewelSuite Reservoir Stimulation to oil and gas operators worldwide.
- Company typePublic
- Founded1987
- HeadquartersNatrona Heights, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Meyer and Associates does
Meyer and Associates is a privately held hydraulic fracturing software solutions provider founded in 1985 and headquartered in Natrona Heights, Pennsylvania, with 11-50 employees. The firm specializes in physics-based forward-modeling simulators, principally MFrac™ and MShale™, used by reservoir and completions engineers to design stimulation treatments for conventional, unconventional, and geothermal wells. Its flagship offering now ships as the JewelSuite Reservoir Stimulation product within Baker Hughes' oilfield digital portfolio, exposing the technology to Baker Hughes' global enterprise sales channel and the ShopBakerHughes.com e-commerce storefront.
The core technology stack combines embedded MFrac™ (hydraulic fracturing simulator) and MShale™ (shale/unconventional stimulation simulator) engines, 3D visualization of subsurface data (wells, horizons, faults, microseismic events), sensitivity and uncertainty workflows that explore the relevant parameter space, multi-scenario/multi-stage/multi-well management, and built-in production forecasting tied to economic metrics. Outputs are exportable to industry-standard reservoir flow simulators, supporting downstream integration. The product is localized in English, Russian, and Simplified Chinese editions, supporting international operator markets.
The business model is direct enterprise licensing with annual subscription billing, supplemented by a 30-day free trial and quote-based pricing for deployments. Go-to-market runs through Baker Hughes' corporate direct sales motion and ShopBakerHughes.com self-service e-commerce, targeting oil and gas operators performing hydraulic fracturing campaigns. Revenue capture for Meyer and Associates as a discrete entity is not separately disclosed in the available data.
Meyer and Associates firmographics
Firmographics- Name
- Meyer and Associates
- Legal name
- Baker Hughes Company
- Website
- https://mfrac.com
- Company type
- Public
- Founded year
- 1987
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Meyer and Associates is a privately held hydraulic fracturing software provider, founded 1985 in Natrona Heights, Pennsylvania, that develops the MFrac™ and MShale™ physics-based simulators for unconventional well stimulation design, now distributed as Baker Hughes' JewelSuite Reservoir Stimulation to oil and gas operators worldwide.
- Ownership category
- akta.pro rank
Meyer and Associates industry classification
Industry- Product category
- Oil & Gas Software
- NAICS
- Geophysical Surveying and Mapping Services (541360)
- SIC
- Oil & Gas Field Services, Nec (1389), Oil & Gas Field Exploration Services (1382), Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Well Completions & Stimulation (Hydraulic Fracturing, Sand Control) (EUALAAAE)
- akta.pro secondary industries
- Pressure Pumping & Stimulation (Hydraulic Fracturing, Acidizing) (EUALABAF), Field Development Planning & Subsurface Reservoir Engineering (EUALAAAC)
Keywords
Where Meyer and Associates is headquartered
LocationHeadquarters
- HQ city
- Natrona Heights
- HQ country
- United States
- HQ region
- North America
Markets served
Meyer and Associates 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 License/Subscription: JewelSuite Reservoir Stimulation is available for purchase through ShopBakerHughes.com direct channel and includes a 30-day free trial option
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Standard subscription with 30-day trial |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Meyer and Associates product offering
Product offeringCore offering
Meyer and Associates develops hydraulic fracturing design and analysis software for upstream oil and gas operators. Its MFrac™ and MShale™ physics-based forward simulators are embedded within Baker Hughes' JewelSuite Reservoir Stimulation application, enabling engineers to design, visualize, and optimize stimulation strategies across multiple stages and wells with integrated sensitivity analysis and production forecasting.
Product overview
Baker Hughes offers a diversified portfolio of oilfield services, equipment, and digital solutions. The JewelSuite Reservoir Stimulation application is a specialized hydraulic fracturing design and analysis tool that leverages embedded MFrac and MShale simulators for physics-based forward modeling. It is part of Baker Hughes's broader Oilfield Services & Equipment Digital offerings, which include subsurface modeling, well planning, advanced analytics, autonomous well construction, data management, well production, advisory, remote operations, and edge compute solutions.
Differentiator
Problem solved
Functional benefit
Brands
- JewelSuite: Portfolio of applications for highly differentiated subsurface workflows for reservoir modeling and stimulation
- MFrac
- MShale
- Cordant
- Leucipa
- iCenter
- NMBL
- Saturne
- NovaLT
Products and services
- JewelSuite Reservoir Stimulation Hydraulic fracturing design and analysis software for oil and gas operators that uses embedded MFrac and MShale physics-based simulators to identify optimum stimulation strategies across multiple stages and wells, perform sensitivity and uncertainty studies, estimate production and economic metrics, and export results to industry-standard reservoir flow simulators.
- MFrac Simulator Physics-based forward modeling simulator for hydraulic fracturing design, embedded as the MFrac engine within the JewelSuite Reservoir Stimulation application.
- MShale Simulator Physics-based forward modeling simulator for shale and unconventional well stimulation, embedded as the MShale engine within the JewelSuite Reservoir Stimulation application.
Quantifiable outcome
- Quantify campaign's probability of success
- +1 more outcomes
Companies that use Meyer and Associates
Customer profileSegments1 record
Ideal customer profiles1 record
Meyer and Associates technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Meyer and Associates partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
Meyer and Associates competitors and assessment
Company assessmentEmerging players
- FracGeo (DivestIT/FractureLogic lineage): FracGeo provides fracture modeling and DFN (discrete fracture network) software for unconventional reservoir analysis. It overlaps with Meyer's shale-stimulation focus but with narrower structural geology emphasis.
- Stone Ridge Technology: Stone Ridge Technology develops ECHELON, a high-performance reservoir simulator that includes unconventional and fracturing simulation capabilities. It is an emerging technology-driven competitor bringing GPU-accelerated performance to the frac modeling space where Meyer and Associates' MFrac/MShale also competes.
- Rocware / GeoGraphix (LMKR): LMKR markets the GeoGraphix and Rocware suites, which include fracture analysis and unconventional reservoir workflows. It serves a similar customer base of operators needing frac design tools, though with broader E&P focus areas.
Direct peers
- NSI Technologies: NSI Technologies provides hydraulic fracturing consulting and the FractureWorks software suite for fracture treatment design and pressure analysis. It is a focused direct competitor in the niche of frac design software for unconventional wells.
- Kappa Engineering: Kappa Engineering provides multifrac (hydraulic fracture simulation), saphir (well test analysis), and other specialized reservoir engineering software. It competes head-to-head with MFrac/MShale for hydraulic fracturing design workflows among operators and consulting firms.
- Computer Modelling Group (CMG): CMG develops reservoir simulation software (STARS, GEM, IMEX) widely used for hydraulic fracturing and unconventional reservoir modeling. It is directly comparable to Meyer and Associates' physics-based frac simulation capabilities and serves the same oil and gas operator customers designing stimulation treatments.
- Petroleum Experts (Petex): Petex offers the IPM suite including frac-related modules that compete in the integrated reservoir-to-stimulation workflow market. Its products are widely licensed by operators and consultancies for fracture design and production forecasting, overlapping directly with Meyer's JewelSuite offering.
Broad incumbents
- Halliburton (Landmark / DecisionSpace): Halliburton's DecisionSpace and iCruise software suites include fracture modeling and stimulation design capabilities. As one of the largest oilfield services companies, Halliburton targets the same operator customers with overlapping frac design functionality as part of a much broader offering.
- SLB (Schlumberger): SLB is a major oilfield services and digital company offering the Petrel platform with subsurface modeling including hydraulic fracturing workflows. As a diversified incumbent, SLB serves the same E&P customers as Meyer/Baker Hughes but with a much broader portfolio of products and services across the well lifecycle.
- S&P Global (IHS Markit / Kingdom Suite): S&P Global's energy division (formerly IHS Markit) offers the Kingdom Suite for subsurface interpretation and the Harmony suite for production analysis, both used by E&P operators in conjunction with fracture modeling tools. It is a broad incumbent selling analytical software adjacent to Meyer's stimulation-design focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Meyer and Associates social profiles
Digital presenceMeyer and Associates financial estimates
Financial estimateRevenue estimate
Valuation estimate
Meyer and Associates leadership team
Management profileNumber of profiles
Meyer and Associates subsidiaries and ownership
Company hierarchySubsidiaries7 records
Meyer and Associates funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Meyer and Associates 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 Meyer and Associates
What does Meyer and Associates do?
Meyer and Associates develops hydraulic fracturing design and analysis software for upstream oil and gas operators. Its MFrac™ and MShale™ physics-based forward simulators are embedded within Baker Hughes' JewelSuite Reservoir Stimulation application, enabling engineers to design, visualize, and optimize stimulation strategies across multiple stages and wells with integrated sensitivity analysis and production forecasting.
Is Meyer and Associates a public or private company?
Meyer and Associates is a public company. It is classified as corporate owned and is currently operating.
When was Meyer and Associates founded?
Meyer and Associates was founded in 1987. It employs 11 to 50 people.
Where is Meyer and Associates based?
Meyer and Associates is headquartered in Natrona Heights, United States, in the North America region.
How does Meyer and Associates make money?
One revenue line is on record: software License/Subscription.
Who are Meyer and Associates's main competitors?
Emerging players on record are FracGeo (DivestIT/FractureLogic lineage), Stone Ridge Technology and Rocware / GeoGraphix (LMKR). Direct peers are NSI Technologies, Kappa Engineering, Computer Modelling Group (CMG) and Petroleum Experts (Petex). Broad incumbents are Halliburton (Landmark / DecisionSpace), SLB (Schlumberger) and S&P Global (IHS Markit / Kingdom Suite).
Does Meyer and Associates have an API?
No public API is recorded for Meyer and Associates.
What industry is Meyer and Associates in?
Meyer and Associates's product category is Oil & Gas Software. Its primary akta.pro industry code is EUALAAAE, Well Completions & Stimulation (Hydraulic Fracturing, Sand Control), with a secondary code of EUALABAF, Pressure Pumping & Stimulation (Hydraulic Fracturing, Acidizing). Its NAICS code is 541360 and its SIC code is 1389.