PROJETEO

What PROJETEO does

Projeo Corporation is a U.S. subsurface technical services firm that delivers geoscience, engineering, and integrated project management for low-carbon and traditional energy projects. Its service portfolio spans CO2 geological storage, next-generation geothermal, hydrogen storage, critical minerals, and oil & gas, organized across four lifecycle phases — Plan (project management, risk management, well/completions design, seismic acquisition and processing, test well permitting), Construct (reservoir modeling and simulation, vendor management, instrumentation, UIC/state permit writing, reporting), Operate (microseismic monitoring, distributed fiber monitoring, well testing, geochemical sampling, injection operations, permit reporting), and Commercialization & Testing (new technology field testing and field test site management).

The company's technology stack centers on subsurface characterization and monitoring, including 2D seismic acquisition and processing, reservoir modeling and simulation, continuous microseismic monitoring, distributed fiber optic sensing, well testing, geochemical sampling, and Class VI injection operations. Team members hold patents covering machine learning applications to subsurface characterization, structural geology, carbon storage, geothermal, and lithium brine resources, indicating selective use of ML within workflows rather than as a standalone product.

Projeo operates as a wholly owned subsidiary of GTI Energy (via GTI International, which acquired the company in January 2022). Revenue is generated primarily through U.S. Department of Energy contracts and grants — including a $38 million CarbonSAFE Phase III award for The Phoenix Project in the Permian Basin (November 2023) and a CarbonSAFE Phase II feasibility selection for the Grays Harbor CO2 Capture and Storage Hub in Washington (December 2024) — alongside B2B professional services for enterprise clients such as Archer Daniels Midland (ICCS project since 2017), Wabash Valley Resources, Illinois Storage Corridor, and the Illinois State Geological Survey. Pricing is quote-based with no public disclosures, and go-to-market relies on direct enterprise and government contracting rather than resellers.

Name

PROJETEO

Legal name

Projeo Corporation

Website

https://projeo.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Projeo Corporation is a U.S. subsurface technical services firm delivering geoscience, engineering, and project management for CO2 storage, geothermal, hydrogen, critical minerals, and oil and gas projects. It serves government agencies and industrial clients, operating as a wholly owned subsidiary of GTI Energy.

Ownership category

akta.pro rank

Product category

Subsurface Energy Services

SIC

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

akta.pro primary industry

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

akta.pro secondary industries

Field Development Planning & Subsurface Reservoir Engineering (EUALAAAC), Power Plant Retrofit, Life Extension & Environmental Controls EPC (FGD/SCR/ESP) (EUAEAAAO)

Keywords

• Subsurface technical services
• Carbon storage solutions
• Geothermal energy services
• Subsurface project management
• Reservoir engineering services

Headquarters

HQ city

Des Plaines

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Government Contracts and Grants: Projeo generates revenue primarily through U.S. Department of Energy contracts and grants, including CarbonSAFE initiatives. Awarded $38M from DOE in November 2023 for CarbonSAFE demonstration project and additional DOE funding for CarbonSAFE Phase II feasibility work.
2. Professional Services: B2B professional services including project management, field supervision, and subsurface technical services for public and private clients engaged in CO2 storage, geothermal, hydrogen, oil/gas, and critical mineral projects.
3. Consulting Services: Technical consulting services provided to industrial clients including regulatory modeling, simulation, groundwater monitoring operations, well maintenance, and seismic studies.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Projeo provides comprehensive subsurface technical expertise, operational execution, and integrated project management services for low-carbon and traditional energy projects. Its service portfolio spans CO2 storage, geothermal, critical minerals, hydrogen storage, and oil & gas, covering the full project lifecycle from planning and reservoir modeling through injection operations and regulatory compliance.

Product overview

Projeo is a subsurface technical services company that offers comprehensive expertise, operational execution, and integrated project management for low-carbon energy projects. The company's service portfolio includes CO2 storage solutions (covering natural gas processing, industrial processes, power production, and direct air capture sources), geothermal energy solutions (including next-generation resources and heat storage in abandoned wells), and traditional oil and gas services. Key service offerings span the full project lifecycle: Plan services (project management, risk management, well/completions design, seismic acquisition, permitting); Construct services (reservoir modeling, vendor management, instrumentation, permit writing, reporting); Operate services (microseismic monitoring, distributed fiber monitoring, well testing, geochemical sampling, injection operations, permit reporting); and Commercialization/Testing services (new technology field testing, technology scaling, field test site management). Projeo also executes significant DOE-funded projects including The Phoenix Project (Permian Basin CO2 storage demonstration) and Grays Harbor CO2 Capture and Storage Hub (Washington). The company operates as a wholly owned subsidiary of GTI Energy.

Differentiator

Problem solved

Functional benefit

Products and services

• CO2 Storage Solutions End-to-end CO2 storage services supporting carbon capture and storage initiatives, including geological storage assessment, site characterization, and long-term monitoring for industrial sources such as natural gas processing, ethanol fermentation, ammonia production, cement manufacture, power production, and direct air capture.
• Geothermal Energy Solutions Next-generation geothermal solutions utilizing oil and gas industry technologies to engineer reservoirs for geothermal energy generation, including geothermal heat storage in abandoned oil and gas wells for flexible electricity generation.
• CarbonSAFE Program Support Support for DOE-NETL Carbon Storage Assurance Facility Enterprise (CarbonSAFE) initiatives, including site characterization, risk assessment, and permitting for commercial-scale CO2 geological storage complexes.
• The Phoenix Project A $38M DOE-funded demonstration project to convert a mature oil and gas field in the Permian Basin into a dedicated CO2 storage facility, including site characterization, risk mitigation, UIC Class VI well permits, CO2 front-end engineering and design study, and community/stakeholder engagement.
• Grays Harbor CO2 Capture and Storage Hub A DOE-funded CarbonSAFE Phase II feasibility project to determine the feasibility of storing 50 million metric tons of CO2 within a 30-year timeframe at a storage complex in Grays Harbor County, Washington, including subsurface data acquisition, stratigraphic test well, 2D seismic data, geologic modeling, risk assessment, and UIC Class VI application plan.

Quantifiable outcome

• Stored 1 million metric tons of CO2 over 3 years in Illinois Basin-Decatur Project
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Illinois State Geological Survey (ISGS)coreStrategic or Co-development PartnerISGS is a key research partner on multiple CO2 storage and geothermal projects including the landmark Illinois Basin-Decatur Project. Projeo and ISGS collaborate on CarbonSAFE initiatives including Illinois East Sub-Basin, Macon County project, and Illinois Storage Corridor project. Also partnered on geothermal research involving abandoned oil and gas wells.
• Archer Daniels Midland (ADM)coreStrategic or Co-development PartnerADM is the operator of the Illinois Industrial Carbon Capture and Storage (ICCS) project. Projeo has provided active support since 2017 for regulatory modeling, simulation, groundwater monitoring operations, well maintenance, and seismic studies. Projeo team members previously worked with ADM on the IBDP project.
• Wabash Valley ResourcescoreStrategic or Co-development PartnerWabash Valley Resources is a CarbonSAFE initiative partner in the Illinois Basin. Projeo is working with ISGS and others on multiple CarbonSAFE initiatives including the Wabash Valley Resources project to ensure safe, efficient, cost-effective CO2 containment.

Scale indicators4 records

Recent moves6 records

Expansion highlights7 records

Market position

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/projeo-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 PROJETEO