EOR ETC

What EOR ETC does

EOR ETC LLC is a Houston-based, privately held oilfield technology company founded in 2019 as a spin-off from Petroleum ETC. The company commercializes a proprietary, patent-pending low-pressure Enhanced Oil Recovery (EOR) delivery system that targets unconventional shale oil operators in the Bakken, Permian Basin, and Colorado. Its core technology is the Rapid-Switched, Stacked-Slug (RSSS) co-injection process, which combines produced gas (lean or rich) with surfactant-laden water and uses alternating slugs to achieve downhole reservoir pressures above minimum miscibility pressure (4,500 psi in the Bakken pilot) at surface pressures under 1,300 psig, eliminating the need for high-pressure compression equipment. The hardware is delivered as a small-footprint, skid-based modular unit that ships on two 40 ft trailers and deploys in 2-3 months versus 18-24 months for conventional EOR systems.

The business model is a managed-service / project-based revenue approach: the company delivers the modular co-injection unit to customer well sites, supported by technical services for candidate selection, method selection, and field-wide EOR strategy, with each product contract including EOR ETC engineering and technician support. Pricing is not publicly disclosed, but the company cites $2-6 million per-well cost savings versus traditional high-pressure compression systems and 30-70% improvement in hydrocarbon recovery. Revenue is generated primarily from individually contracted pilot projects (EOR ETC has completed four pilots to date spanning Liberty Resources in the Bakken, a Colorado frac-hit protection pilot, an XTO Energy Bakken pilot, and a multi-well Permian pilot announced September 2025) with potential scaling to broader commercial deployment via the December 2023 Master Service Agreement with Baker Hughes.

EOR ETC goes to market through direct enterprise field sales led by President and Co-Founder Brian Schwanitz, supplemented by the Baker Hughes channel partnership, technical marketing at industry conferences (SPE, URTEC, Darcy Partners forums), and earned media coverage in outlets such as American Oil & Gas Reporter. The customer base is concentrated among large independent and integrated E&P operators with unconventional shale assets, with Liberty Resources and XTO Energy as named enterprise customers and academic/technical partners including the University of North Dakota Energy & Environmental Research Center (EERC). Leadership draws on prior experience at Shell, BP, Schlumberger, ConocoPhillips, Welltec, Cameron, and Rio Tinto, with technical advisory from LSU and Texas A&M petroleum engineering faculty.

Name

EOR ETC

Legal name

EOR ETC LLC

Website

https://eoretc.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

EOR ETC is a Houston-based oilfield technology company that commercializes a patented low-pressure co-injection EOR delivery system (RSSS) to help unconventional shale oil operators increase recovery and cut costs without high-pressure compression. It serves E&P operators in the Bakken, Permian Basin, and Colorado via project-based pilots and a Baker Hughes channel partnership.

Ownership category

akta.pro rank

Product category

Enhanced Oil Recovery Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Measuring, Dispensing, and Other Pumping Equipment Manufacturing (333914)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Enhanced Oil Recovery (EOR) & IOR (CO₂, Steam, Chemical) (EUALAAAG)

akta.pro secondary industries

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH), Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM), Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF)

Keywords

• Enhanced oil recovery
• Co-injection technology
• Shale oil recovery
• EOR delivery services
• Unconventional reservoir EOR

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EOR Technology as a Service (EOR Delivery): EOR ETC provides its EOR delivery technology as a service to oil and gas operators. Each product includes support of their technicians and engineers in candidate and method selections for unconventional and conventional wells. They work with customers to implement field-wide, comprehensive EOR strategies. The company deploys its modular skid-based units to customer well sites, providing the co-injection technology service over a contract period.
2. Pilot Project Contracts: EOR ETC earns revenue through individually contracted pilot projects with oil and gas operators. Pilots typically involve a 30-day injection cycle with huff-n-puff EOR process. The company has completed multiple pilot programs (Bakken pilots with Liberty Resources, Colorado frac-hit protection pilot, and West Texas Permian Basin pilot) as proof-of-concept engagements that lead to broader commercial deployment.
3. Technical Services and Consulting: EOR ETC provides technical services including candidate and method selections for unconventional and conventional wells, eliminating the requirement for large EOR project teams. They offer field-wide, comprehensive EOR strategy development in partnership with customers.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

EOR ETC provides a proprietary low-pressure Enhanced Oil Recovery (EOR) delivery service for unconventional shale oil reservoirs, deploying skid-based modular units that co-inject produced gas and surfactant-laden water using the patent-pending Rapid-Switched, Stacked-Slug (RSSS) process. The offering bundles the hardware module with engineering services for candidate and method selection, eliminating the need for operator-side EOR project teams.

Product overview

EOR ETC offers a unified enhanced oil recovery solution combining proprietary hardware and technical services. The core product is the RSSS (Rapid-Switched, Stacked-Slugs) technology and skid-based EOR module that enables low-pressure co-injection of gas and surfactant-treated water. The system addresses the historic limitations of EOR by eliminating high-pressure compression requirements, reducing costs by $2-6 million per well, and cutting delivery time from 18-24 months to 2-3 months. Technical services including candidate selection, method selection, and field-wide EOR strategy implementation are bundled with each product to provide end-to-end customer support.

Differentiator

Problem solved

Functional benefit

Products and services

• Rapid-Switched, Stacked-Slug (RSSS) EOR Technology Proprietary patent-pending co-injection technology that enables high-gas volume injection at low surface pressure (150–1,300 psig) by strategically addressing water/gas phase segregation through alternating slugs of gas and water, where the weight of water provides hydrostatic pressure to compress gas downhole. Sold to enterprise oil & gas E&P operators with unconventional shale wells as the core differentiator of EOR ETC's service offering.
• EOR ETC Standard and Automated Skid-Based Module Small-footprint skid-based modular unit shipped and set on the well site in one piece, transported on two 40 ft flat-bed trailers with four 20-foot containers housing the operating system and spare parts. Eliminates facilities requirements and reduces compression by up to 10x, reducing power utilization and greenhouse gas impacts for lower cost, more efficient and environmentally friendly EOR operations.
• EOR ETC Technical Services End-to-end technical support including candidate and method selection for unconventional and conventional wells, field-wide comprehensive EOR strategy implementation, and expert consultation bundled with each deployment to eliminate the requirement for large EOR project teams on the customer side.

Quantifiable outcome

• 30-70% improvement in hydrocarbon recovery vs traditional methods
• +6 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Baker HughescoreChannel Partner/ Reseller/ Distributor · 27 December 2023EOR ETC signed a Master Service Agreement (MSA) with Baker Hughes in December 2023 to provide an industry-first, low-cost, low-pressure enhanced oil recovery service. Baker Hughes serves as a channel partner bringing EOR ETC's proprietary RSSS co-injection technology to Baker Hughes' extensive operator客户 base globally. Joe Spencer from Baker Hughes initiated the partnership after recognizing the co-injection process as the future of EOR in unconventional shale oil plays.
• Darcy PartnersminorGTM or Marketing Partner · 12 April 2022Darcy Partners provided EOR ETC a platform to showcase their EOR technology to E&P operators through a Subsurface Forum. Brian Schwanitz presented the Hybrid EOR Process alongside James Sorensen from EERC and Gordon Pospisil from Liberty Resources. The forum was held on April 13, 2022, at 10 a.m. CST.
• Liberty Resources (Liberty Resources II, LLC)coreStrategic or Co-development Partner · 6 September 2021Liberty Resources partnered with EOR ETC for multiple pilot projects in the Bakken Field, North Dakota. Liberty Resources provided the well site, operational expertise, and co-funded pilot programs. Gordon Pospisil served as Development Advisor for Liberty Resources and was instrumental in setting up the first pilot in North Dakota. Liberty Resources is a Denver-based private oil and gas company founded in 2013 as a pure-play Bakken producer.
• University of North Dakota Energy & Environmental Research Center (EERC)coreStrategic or Co-development Partner · 6 September 2021The EERC partnered with EOR ETC and Liberty Resources on the Bakken pilot project. The EERC provided subsurface expertise, reservoir modeling, and surveillance programs. The CCUS scope of the pilot was funded through the EERC's Underground Storage of Produced Natural Gas Program, funded by the North Dakota Industrial Commission. EERC Director of Subsurface Initiatives John Hamling and Director of Analytical Solutions Beth Kurz were key contacts. The EERC is recognized as one of the world's leading developers of cleaner energy and environmental technologies.
• Bakken Production Optimization Program (BPOP)minorStrategic or Co-development Partner · 6 September 2021BPOP is working to improve Bakken system oil recovery and reduce its environmental footprint. The program has demonstrated increased well productivity and economic output of North Dakota's oil and gas resources. BPOP is led by the EERC and funded by program partners and the North Dakota Industrial Commission. EOR ETC's Bakken pilots were conducted within the BPOP framework.
• Petroleum ETCcoreStrategic or Co-development PartnerEOR ETC is a spin-off company from Petroleum ETC. The company was founded by the principals of Petroleum ETC, including Dr. Stuart L. Scott who also founded LiftETC and PetroleumETC. Petroleum ETC serves as the parent company from which EOR ETC was commercialized as a separate entity focused specifically on EOR delivery technology.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Weatherford International: Weatherford offers production enhancement and well intervention services for conventional and unconventional fields, including artificial lift and production optimization technologies that are functionally adjacent to EOR ETC's wellhead and reservoir-pressurization work.
• Baker Hughes: Baker Hughes is a major oilfield services incumbent that has signed an MSA to distribute EOR ETC's technology globally. It also competes in adjacent EOR and production services via its broad oilfield services portfolio, making it both a channel partner and a comparable in the production-enhancement space.
• Halliburton: Halliburton is a top-tier oilfield services incumbent with established EOR, stimulation, and production enhancement capabilities. Its global reach and integrated service model compete for the same operator wallet share that EOR ETC targets with its RSSS co-injection service.
• SLB (Schlumberger): SLB is the largest oilfield services company and offers EOR, production technologies, and well intervention services globally. Its broad portfolio overlaps with EOR ETC's mission of improving recovery from mature fields, and Brian Schwanitz spent 25 years there, providing deep insight into competitor positioning.

Emerging players

• CarbonCapture Inc. CarbonCapture Inc. develops direct air capture and point-source CO2 capture technologies with downstream CO2 utilization pathways including EOR. It is comparable as an emerging climate-tech company commercializing novel carbon-capture and CO2-injection approaches relevant to CCUS-flavored EOR.
• Solaris Water Midstream: Solaris Water Midstream operates produced-water handling infrastructure in the Permian Basin and other US shale plays. It is comparable as an emerging player addressing produced-water management — the same regulatory tailwind that drives demand for EOR ETC's re-injection alternative to deep-well disposal.
• NCS Multistage Holdings: NCS Multistage is a completions-focused oilfield technology company specializing in frac-isolation and treatment-isolation tools used in unconventional wells. It is comparable as an emerging technology provider serving the same US shale E&P operators with novel production-enhancement solutions.

Direct peers

• Denbury Resources: Denbury is a specialist CO2-EOR operator that has historically operated one of the largest dedicated CO2 pipelines for miscible EOR in the US Gulf Coast region. It is the most direct analogue in pure EOR operator-model businesses, although it focuses on CO2-based rather than produced-gas-based EOR.

Others

• Petroleum ETC: Petroleum ETC is the parent company from which EOR ETC was spun off in 2019. It is comparable as the originating entity commercializing petroleum-engineering technology startups, and shares founders (Dr. Stuart L. Scott), technology development lineage, and management overlap with EOR ETC.

Regional players

• Liberty Energy: Liberty Energy is a US-focused hydraulic fracturing and completions services provider serving the same shale E&P operators EOR ETC targets. Although Liberty focuses on completions rather than EOR, its operational footprint and customer overlap (including Liberty Resources, an unrelated company) make it a comparable service-model peer for adjacent wellsite deployment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 EOR ETC