Divestco

What Divestco does

Divestco Geoscience Ltd. is a privately-owned, Calgary-headquartered integrated geoscience solutions provider serving the upstream, midstream, and downstream oil and gas value chain across Canada and internationally. The company is organized into three divisions: Geomatics (survey integrity, custom GIS mapping, LiDAR products, DLS/datum assessment, and global geomatics services), Seismic (data brokerage, project management, library access, and managed services leveraging the proprietary SDLS seismic database), and Software & Data (multi-disciplinary software suites GeoCarta, Glass, GeoWiz, CrossLog Suite, and SynthSuite, plus the EnerGISite web portal and Well Log Library). Reported data scale includes 800,000+ wells, 8.5M+ digital logs, 2.7M+ raster logs, and 2.5M+ well file documents, with library data stored in Oracle PPDM format and accessed through cloud-based web portals, all accumulated over 50+ years of operations and supporting coverage of approximately 89% of Canadian wells with raster data.

The technology stack centers on proprietary data management platforms and geoscience software applications, including EnerGISite (web portal with interactive map interface), eBroker (online seismic data mapping and acquisition), GeoCarta (modern mapping and analysis software for geologists, engineers, geophysicists, petrophysicists, and land professionals), and Glass (seismic interpretation built on 30+ years of WinPICS science). Legacy products GeoVista and WinPICS have been migrated to GeoCarta and Glass respectively, with bundled software-and-data products such as The Exploration Bundle introduced at price points starting at $25K/year. The company employs 40+ years of in-field seismic acquisition experience, 30+ years of brokerage experience, and a team of nine named seismic data consultants in Calgary.

Revenue is generated through seven streams: subscription-based data access (well logs, seismic data, spatial data), transactional data sales (per-well, per-log, library-card arrangements), software licensing (annual/subscription for GeoCarta, Glass, GeoWiz, CrossLog Suite, SynthSuite), workstation and data room rentals (hourly or daily), seismic data brokerage commissions, seismic data management and license-compliance services, and professional log digitizing services with one-day turnaround. Go-to-market combines direct enterprise sales via a Calgary-based team with self-serve access through EnerGISite and eBroker web portals, targeting E&P companies from junior start-ups to majors, banks and trustees, government and regulatory bodies, and First Nations communities.

Name

Divestco

Legal name

Divestco Geoscience Ltd.

Website

https://divestco.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Divestco is a privately-owned Calgary-based integrated geoscience provider serving oil and gas E&P, midstream, downstream, and government customers across Canada and 56+ countries with proprietary software (GeoCarta, Glass, GeoWiz, CrossLog Suite, SynthSuite), the EnerGISite data portal, seismic brokerage, and 50+ years of accumulated well and log data libraries.

Ownership category

akta.pro rank

Product category

Geoscience Software & Data Services

NAICS

Geophysical Surveying and Mapping Services (541360), Support Activities for Mining (213), Other Scientific and Technical Consulting Services (54169)

SIC

Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

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

akta.pro secondary industry

Geotechnical & Subsurface Engineering Consulting (BPAHAIAB)

Keywords

• Seismic data brokerage
• Well log digitizing
• Geoscience software
• Geomatics services
• Oil gas data

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Data Subscriptions: Divestco offers subscription-based access to its extensive well log library, seismic data, and spatial data. Subscriptions can be structured by area of interest (AOI), by specific data types, or as comprehensive plans. The company manages almost 1 million wells with nearly 200 million engineering attributes in the WCSB.
2. Transactional Data Sales: Pay-per-use model for digital logs, raster logs, directional surveys, and other data. Customers can purchase data on an individual well or project basis through EnerGISite. Also available as pre-paid 'library card' arrangements.
3. Software Licensing: Annual or subscription-based licensing for software products including GeoCarta, Glass, GeoWiz, CrossLog Suite, and SynthSuite. The Exploration Bundle provides bundled software and data for as low as $25K/year. All GeoVista clients receive a free additional seat of GeoCarta.
4. Workstation & Data Room Rentals: Hourly or daily rental of seismic interpretive workstations outfitted with Divestco software and data. Private data rooms available for confidential third-party data viewing and seismic reviews.
5. Seismic Data Brokerage: Commission or fee-based brokerage services for sourcing, negotiating, and delivering seismic data. Divestco acts as intermediary between data owners and exploration companies seeking seismic information.
6. Seismic Data Management Services: Risk-free management of proprietary seismic assets including marketing, data rooms, and license management. Revenue generated through asset management and transaction facilitation for oil company clients.
7. Log Digitizing Services: Professional digitization services converting paper or raster well logs to digital LAS format. Fast turnaround (one-day service available) with rigorous quality control processes.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels8 records

Core offering

Divestco is an integrated geoscience solutions provider selling proprietary software platforms (GeoCarta, Glass, GeoWiz, CrossLog Suite, SynthSuite), comprehensive well log and seismic data libraries through the EnerGISite web portal, and professional services including seismic data brokerage, log digitizing, survey validation, project management, and custom GIS mapping for oil and gas exploration. The company bundles software, data, and services into flexible offerings such as The Exploration Bundle (starting at $25K/year) for upstream, midstream, and downstream energy clients.

Product overview

Divestco is an integrated geoscience solutions company offering over 65 products and services across three core divisions: Geomatics, Seismic, and Software & Data. The Geomatics division provides survey integrity services (validation, construction), spatial data (LiDAR, GIS data, mapping), and technical consulting for the oil and gas industry globally. The Seismic division offers data brokerage, management, project management, and library services leveraging the proprietary SDLS database. The Software & Data division provides multi-disciplinary software suites (GeoCarta for data analysis and management, Glass for seismic interpretation, GeoWiz for coordinate conversion, CrossLog Suite for log cross sections, SynthSuite for log modeling), data products (Well Log Library, geological play maps, custom GIS maps), and The Exploration Bundle combining software and data starting at $25K/year. All divisions are unified through the EnerGISite web portal, which provides centralized access to the company's data library of over 9 million digital logs, 2.9 million raster logs, and seismic data. The company was established in 2000 and is headquartered in Calgary, Alberta.

Differentiator

Problem solved

Functional benefit

Brands

• EnerGISite: Online portal for well logs, documents, and seismic data access
• eBroker
• GeoCarta
• Glass
• GeoWiz
• CrossLog Suite
• SynthSuite
• SDLS
• GeoVista
• WinPICS

Products and services

• GeoCarta for Data Analysis Mapping and analysis software with a modern interface supporting common oil and gas workflows across geology, engineering, geophysics, petrophysics, land, and business development. Includes basic data covering ~1 million wells with ~200 million engineering attributes in WCSB plus Land and Alberta LMR data. The modern replacement for legacy GeoVista.
• Glass for Seismic Interpretation Seismic interpretation software built on 30+ years of seismic interpretation science with a modern, stable and extensible platform. Features MisTie analysis, grid and contour, 3D display, curve display, horizon slice, synthetic ties, horizon picking, fault marking, Python scripting, and integration with EnerGISite and SynthSuite. The modern replacement for legacy WinPICS.
• GeoWiz for Coordinate Conversion Mapping application for translating field survey measurements into grid coordinates, performing localized project mapping, and seismic coordinate analysis. Generates seismic positional data, well site locations, and township/datum coordinate shifts. Includes all major DLS grids used in WCSB.
• CrossLog Suite for Log Cross Sections Complete log cross section application using digital curves and scanned logs to quickly view, print, and interpret well logs. Includes three tools: RED for raster editing, LogEdit for managing well data, and CrossLog for creating presentation-quality cross-sections. Links to GeoVista/GeoCarta data sources and connects to EnerGISite.
• SynthSuite for Log Modeling Comprehensive stratigraphic log modeling application with three integrated tools: InterpaLog for multi-well 2D modeling, LogEdit for log preparation and editing, and Synth1D for 1D seismograms. Supports LAS, ASCII, FastLog input and SEG-Y output.
• The Exploration Bundle Bundled exploration software and data package including GeoCarta, CrossLog Suite, Glass, SynthSuite, plus digital/raster well logs, engineering data, land data, spatial data, formation tops/limits, and trade seismic data layers, starting at $25K/year.
• EnerGISite Web-based portal providing access to Divestco's digital library of well log data, documents, and seismic. Enables interactive map-based search, data selection, formatting, and download of digital curves, raster logs, directional surveys, scanned documents, well tickets, and SDLS seismic locations.
• Well Log Library Industry's largest online library of comprehensive Canadian digital and raster well log data, digital strip logs, well tickets, well documents, and directional surveys. Over 9.6 million digital curves, 2.9 million scanned well logs, 1.6 million scanned document pages. Available by subscription, AOI, library card, or transactionally.
• Log Digitizing Professional well log digitizing service converting paper or digital well logs into accurate digital format. Uses proprietary and industry-leading digitizing software with rigorous quality control. Supports Canadian and international logs; delivers in industry standard LAS format with one-day turnaround available.
• Survey Validation QA/QC service for qualifying and validating survey data through analysis of raw field survey data, support information, and metadata. GIS and imagery-based validation processes improve geospatial accuracy for seismic survey and well data.
• Survey Construction Repositioning service for seismic survey data when original information is missing. Uses digital elevation models, satellite imagery, and client data to construct survey information and validate real-world positions.
• LiDAR Products and Services LiDAR data products and services including bare-earth digital elevation models, digital surface models, terrain slope analysis, aspect calculations, hillshading, terrain change tracking, volume calculations, digital forestry modeling, cut/fill calculations, wetland management, and topographical mapping.
• Custom GIS Maps and Data Custom GIS mapping services producing simple to complex maps for domestic or international use. Includes geological land maps, field maps, strike maps, proprietary land maps, oil sands maps, pipeline maps, and satellite imagery. Delivers in formats including PDF, GeoTIF, Shapefile, and Geodatabase.
• Geological Play Based Maps Geological play-based maps showcasing current subsurface land leases for specific geological formations with relevant surface infrastructure. Covers plays in Western Canada, USA, and internationally including Bakken, Duvernay, Montney, Viking, Oil Sands, and many others.
• Oil & Gas Planning Maps Pre-built map suite for oil and gas decision-making including strikes, fields, wells, pipelines, facilities, shale plays, crude by rail terminals, and regional maps for Western Canada, USA, and North America.
• Survey Database Offsite, independent, central repository for seismic survey information stored securely in industry standard Oracle PPDM format. Provides quality assurance processes, remote access capability, data extraction, and distribution.
• Seismic Data Brokerage Canada's largest seismic data brokerage with over 30 years of experience. Sources, negotiates, and delivers high quality seismic data worldwide using the proprietary SDLS database. Includes eBroker online portal for browsing seismic data.
• Seismic Data Management Management of seismic data assets including marketing, data rooms, and license management. Offers database evaluation, data license reconciliation, and compliance verification for asset acquisition, disposition, receivership, bankruptcy, or evaluation.
• Seismic Data Project Management End-to-end seismic acquisition project management with 40+ years of experience. Covers project design/modeling, stakeholder approvals, field acquisition supervision, post-acquisition delivery, and clearance/inspection.
• Seismic Data Library Proprietary seismic data library with instant access to high quality seismic data. Provides quality inspection, immersive QI experience in data visualization room, and downloadable shape files.
• Workstation & Data Room Rentals Cost-effective seismic-interpretive workstation rentals outfitted with Divestco software and state-of-the-art equipment, plus fully-supported private Data Rooms for confidential third-party data viewing and seismic reviews.
• Technical Consulting & Continuing Education Technical consulting and education services covering GPS, field survey technologies, datums, projections, survey systems, marine seismic, LiDAR, geospatial data integrity, GIS, and international geomatics. Includes Geomatics Advisory Support (GAS) and NAD83 Consulting Services.
• DLS Grid and Datum Assessment & Upgrades Migration and assessment services for Dominion Land Survey (DLS) and spatial reference systems. Identifies and mitigates spatial discrepancies between new and legacy data to address risks up to 250m from datum differences.
• Geological Digitizing Conversion of paper or raster format data into digital vector data. Georeferences raster images, performs heads-up digitizing as lines or polygons, captures Z values, and delivers in formats including Shapefiles for GIS, workstation, or CAD systems.
• Volumetrics Volume calculation service for evaluating in-place hydrocarbons in wells, pools, and petroleum basins. Computes height, area, and volume for specific leases or total pools based on geological contoured maps. Provides trapezoidal and pyramidal calculations in editable spreadsheet format.
• Custom GIS Data Spatial GIS data including grid data (polygon-encoded, current or historical), culture data (lakes, rivers, roads, railroads, parks, vegetation, First Nation and Metis settlements), and custom compiled datasets from proprietary data.
• Global Geomatics International geomatics services for North American and international oil and gas explorers. Provides expertise on local country grid systems, regulatory requirements, data capture techniques, validation, and integration for seismic programs worldwide.
• Other Exploration Data Sets Additional exploration datasets including land data, formation tops data, Alberta formation limits, spatial data, Valtus ortho photo images, and SDLS shape files. Covers Western Canada and international areas.

Quantifiable outcome

• 89% of approximately 900,000 Canadian wells have raster data coverage from Divestco
• +5 more outcomes

Named customers9 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

Feature9 records

Scale indicators18 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• S&P Global Commodity Insights: S&P Global Commodity Insights (incorporating legacy IHS Markit energy data products) is the dominant subscription data and analytics provider for oil & gas, energy markets, and A&D transactions. It competes with Divestco's data subscriptions and seismic data management services, particularly for the bank/trustee and corporate A&D customer segments.
• Baker Hughes: Baker Hughes is a major oilfield services company with industrial and energy technology offerings including subsurface evaluation software. While broader than Divestco, Baker Hughes' digital solutions division and oilfield services portfolio includes geoscience and reservoir evaluation capabilities that compete for the same E&P customer workflows.
• SLB (Schlumberger): SLB is the world's largest oilfield services company with extensive geoscience software (Petrel, Techlog) and data offerings overlapping with Divestco's GeoCarta and Glass products. While SLB operates across the full oilfield services value chain, its software and digital division competes directly for geoscientist and petrophysicist workflows targeted by Divestco.
• Halliburton (Landmark): Halliburton's Landmark Solutions division provides DecisionSpace geoscience software and oil & gas data services competing with Divestco's interpretation and mapping tools. Halliburton operates as a major oilfield services incumbent with much broader scale, but its geoscience software business overlaps with Divestco's core software offerings for E&P operators.

Emerging players

• Ikon Science: Ikon Science provides RokDoc and other specialty geomechanics and quantitative interpretation software for oil & gas operators. While smaller and more specialized than Divestco, Ikon competes in the reservoir characterization and rock physics software segment where Divestco's SynthSuite operates, and targets overlapping geoscientist and petrophysicist customers.

Direct peers

• Pulse Seismic: Pulse Seismic is a Calgary-based seismic data library company focused exclusively on the Western Canadian Sedimentary Basin, holding the second-largest 2D seismic dataset in Canada. It directly competes with Divestco's SDLS database and seismic brokerage for the same Western Canada customer base, with a similar B2B enterprise sales motion.
• Enverus: Enverus (formerly Drillinginfo) is the leading energy SaaS and data analytics platform serving oil and gas operators, mineral rights owners, and financial institutions. Enverus competes with Divestco's data subscription offerings and increasingly with bundled workflow software, and serves overlapping oil & gas E&P, A&D, and banking customers in North America.
• CGG: CGG is a global geoscience company providing multi-client seismic data, subsurface imaging, and geology/geophysics services. CGG's multi-client data library directly competes with Divestco's seismic data offerings, while its Hampson-Russell and Jason software products overlap with Divestco's Glass and SynthSuite interpretation tools.
• TGS: TGS operates one of the world's largest multi-client seismic and well data libraries, with significant Canadian coverage through its 2024 acquisition of PGS multi-client library. TGS is the most direct competitor to Divestco's seismic brokerage and well log library business, and competes for the same E&P and financial institution customers.
• Petroleum Geo-Services (PGS): PGS is a global seismic acquisition and multi-client data library company with significant Canadian operations. PGS competes directly with Divestco's seismic data library and project management services, and has historically competed in the same multi-client survey tender processes in frontier and mature basins.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/divestco
• Facebookfacebook.com/Divestco
• LinkedInlinkedin.com/company/48949

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 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 Divestco