Tachyus Corp.
About
Tachyus is a developer of production optimization software that is tailored for oil and gas fields operating under secondary and tertiary recovery. This includes waterfloods and steamfloods. The startup, founded in 2013, will use the new injection to accelerate new technology development.
The Tachyus platform is used by reservoir and production engineers to analyze historical data and build predictive models that help reveal the best ways to maximize output. Engineers optimize the recommendations based on economic forecasts, including how to balance net-present value with lower operating costs. Tachyus is used by oil and gas operators in Argentina, Europe, and Asia and relocated its headquarters from Silicon Valley to Houston.
Editor's note: Updated Dec. 16, 2020.
Headquarters Address
Houston, TX
United States
Website
www.tachyus.comNew Financings
Tachyus, a provider of data-driven production optimization software to the oil and gas industry,…
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News
Software Company Tachyus Forms ‘First-of-its-kind’ Partnership with Texas A&M
The partnership between Houston-based Tachyus and the Texas A&M University Department of Petroleum Engineering marks the beginning of a new wave of a digital forward workforce, a company release said.
Tachyus Names Fernando Gutierrez as New CEO
Tachyus, a provider of data-driven production optimization software to the oil and gas industry, has appointed former vice president of customer success Fernando Gutierrez to CEO on Oct. 15.
Optimizing Production Of Mature Waterflood Assets With Physics-based AI
Technology is applied to injector reactivation to assess flexibility in new workflows for reservoir management.