Lime Rock Partners Portfolio Companies Receive Four out of Eighteen World Oil Innovation Awards10/16/2020
HOUSTON, October 15, 2020 — Lime Rock, private equity investors of growth capital in E&P and oilfield service companies, today announces that three portfolio companies were declared winners of four of the eighteen 2020 World Oil Awards at a virtual ceremony.
Reveal Energy Services’ ORCHID* Open Interpretation Platform received the Best Data Management & Application Solution Award. Silixa’s Carina® Subsea 4D Seismic Data Acquisition System received the Best Deepwater Technology Award. Silixa’s Carina® XwellXpress also received the New Horizons Idea Award. And AccessESP’s UpCable ESP Power Delivery System received the Best Production Technology Award.
In addition, Axis CORE® digital platform was one of three finalists in the Data Management & Application Solutions Award won by Reveal.
According to World Oil, “The 2020 World Oil Awards recognized the upstream oil and gas industry’s leading innovations and thought leaders, in a first-of-its-kind virtual event. This year, more than 270 nominations were submitted from over 90 companies in more than a dozen countries around the world. Eighty-four finalists were selected, and the award winners were hand-picked by the World Oil Awards advisory board as this year’s most groundbreaking industry developments”
Since its inception in 1998, Lime Rock Management has raised $8.9 billion in private equity funds and affiliated co-investment vehicles for investment in the energy industry through Lime Rock Partners, investors of growth capital in E&P and oilfield services companies in the U.S. shales and elsewhere, and Lime Rock Resources, acquirers and operators of oil and gas properties in the United States. For more information, please visit: www.lrpartners.com.Back to News