TPH Partners, L.P., an energy private equity fund, announced the closing of an equity investment in Houston, TX.-based Ingrain, Inc., a oilfield technology firm that is developing in the industry for digital rock physics analysis.
TPH Partners, which invests in the upstream, oilfield service and midstream subsectors of the energy industry, joined a group of existing investors including Energy Ventures, Shoaibi Group, Klaveness Invest AS, Kommunal Landspensjonskasse and Stanford University.
Ingrain, founded in 2007, utilizes proprietary technologies to analyze reservoir rock samples from cores or drill cuttings and deliver critical data to its oil and gas producer client base. The company commercializes its petrophysical developments and a patented method of computing physical properties from high resolution digital images of reservoir rock captured with three dimensional CT scanning.
FinSMEs
22/09/2009