MINOT, NDPosted 24 days ago

Company overview

Welltec is a global technology company that specializes in providing robotic well solutions for the oil and gas industry. They make money by offering innovative services and products that enhance oil recovery, improve well integrity, and optimize production. Founded in 1994 by Jørgen Hallundbæk, Welltec has a rich history of pioneering the development of well intervention technologies, particularly their flagship Well Tractor, which revolutionized the way horizontal wells are serviced. The company is known for its commitment to sustainability and efficiency, focusing on reducing the environmental impact of oil extraction processes.