Welp MagazineThis article showcases Welp Magazine’s top picks for the best ‘Oil and Gas’ startups. These startups are taking a variety of approaches to innovating in the Oil and Gas industry, but are all exceptional startups well worth a follow.
We selected these startups for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Welp Magazine hosts a yearly startup award honouring the most outstanding entrepreneurs and high-growth businesses in the world. If you want to enter your startup to be in the running for the top startup of 2021 or learn more about our competition click here.
1. Acoustic Wells
The idea behind this startup: Acoustic Wells offers industrial IoT solutions to maximize oil field efficiency and reduce environmental impact.
Headquarters: Boston, Massachusetts, United States
Industries: Internet, Internet of Things, Oil and Gas
Founders: Sebastien Mannai
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2. Valent Low-Carbon Technologies
The idea behind this startup: Valent Low-Carbon is an industrial technology development company focused emerging renewable fuels and refining process innovations.
Headquarters: Oakville, Ontario, Canada
Industries: Fuel, Industrial, Industrial Manufacturing, Oil and Gas
Founders: KARLIS VASARAIS, LISA BRUCE, TIM HAIG
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3. m1neral
The idea behind this startup: M1neral is building the first all-in-one transaction management platform for oil & gas minerals and royalties.
Headquarters: Houston, Texas, United States
Industries: Energy, FinTech, Oil and Gas, Software
Founders: Jacob Avery, Kyle Chapman, Shawn Cutter
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4. Proteus
The idea behind this startup: SaaS
Headquarters: Aberdeen, Aberdeen City, United Kingdom
Industries: Industrial Engineering, Oil and Gas, Software
Founders: Unknown
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5. Ryno Energy Partners
The idea behind this startup: Ryno Energy Partners is a growth-oriented, independent midstream company
Headquarters: Tyler, Texas, United States
Industries: Oil and Gas
Founders: Brandon T. Steele, David A. Fitch
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6. inerG, Inc.
The idea behind this startup: SaaS apps for energy assets investment & management
Headquarters: Houston, Texas, United States
Industries: Energy, Energy Management, Information Technology, Oil and Gas, Software
Founders: Celestine Vettical
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7. GENPARTS SUPPLY
The idea behind this startup: GENPARTS offers a wide range of Genuine, OEM and Only quality aftermarket parts, such as Caterpillar, Cummins, Perkins,
Headquarters: Baku, Baki, Azerbaijan
Industries: Electric Vehicle, Manufacturing, Oil and Gas
Founders: Afqan Quliyev
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8. Antelope Water Management
The idea behind this startup: Antelope Water Management partners with the oil & gas and mining industries to deliver water infrastructure, sourcing and disposal services.
Headquarters: Austin, Texas, United States
Industries: Energy, Oil and Gas, Water, Water Purification
Founders: Chris Kelley, Dustin Brownlow, Zachary Sadow
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9. EnviCore Inc.
The idea behind this startup: Tailings Treatment, Industrial Wastewater Treatment, R&D Company
Headquarters: Calgary, Alberta, Canada
Industries: CleanTech, Mining, Natural Resources, Oil and Gas, Sustainability, Waste Management, Water Purification
Founders: Shahrukh Shamim
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10. Nextraction Energy Corp.
The idea behind this startup: Nextraction Energy Corp. is a Canadian junior oil and natural gas company.
Headquarters: Calgary, Alberta, Canada
Industries: Cannabis, Commercial, Energy, Oil and Gas
Founders: Unknown
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11. Yazzer
The idea behind this startup: Never Go to the Gas Station Again!
Headquarters: Princeton, New Jersey, United States
Industries: Automotive, Delivery Service, Fuel, Mobile, Oil and Gas
Founders: Gregory Hough
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12. United Exploration
The idea behind this startup: United Exploration is an oil and gas investor managing oil and gas investment partnerships that generate cash flow for their partners.
Headquarters: Grapevine, Texas, United States
Industries: Energy, Financial Services, Oil and Gas, Venture Capital
Founders: Jacob Jackson, Morgan O’Neal
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13. MineralAnswers.com
The idea behind this startup: SaaS, MaaS, DaaS, Community, Network, Platform
Headquarters: Dripping Springs, Texas, United States
Industries: Information Technology, Internet, Oil and Gas
Founders: Jeff Chambers
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14. Xenom Energy
The idea behind this startup: Xenom Energy is a transformative start-up building a cutting-edge marketplace for easy access to petroleum products in Africa.
Headquarters: Nairobi, Nairobi Area, Kenya
Industries: Brand Marketing, E-Commerce, Energy, Information Technology, Logistics, Marketplace, Oil and Gas
Founders: Kevin Owino
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15. Enverus
The idea behind this startup: Enverus is delivering business critical insights to oil and gas industries through SaaS platform.
Headquarters: Austin, Texas, United States
Industries: Energy, Oil and Gas, SaaS, Software
Founders: Unknown
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16. South Plains Petroleum
The idea behind this startup: South Plains Petroleum is an oil and gas production company.
Headquarters: Abilene, Texas, United States
Industries: Energy, Industrial, Oil and Gas
Founders: Richard Quintal, Suzanne Ruffini
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17. SuperVision Earth
The idea behind this startup: Digital monitoring solutions for the gas transmission sector
Headquarters: Darmstadt, Hessen, Germany
Industries: Artificial Intelligence, Energy, Oil and Gas, Software
Founders: Unknown
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18. Plastogaz
The idea behind this startup: Plastogaz is a company specializing in natural gas production from waste resources.
Headquarters: Lausanne, Vaud, Switzerland
Industries: Oil and Gas, Renewable Energy, Waste Management
Founders: Antoine van Muyden, Felix Bobbink, Wei-Tse Lee
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19. CombuData
The idea behind this startup: CombuData is a Fuel SaaS for monitoring and managing fuel prices and costs for purchases in the B2B and B2B2C (retail) markets.
Headquarters: Curitiba, Parana, Brazil
Industries: Fuel, Oil and Gas, Software
Founders: Daniel Colella, Vinicius Donin
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20. Helixtap Technologies
The idea behind this startup: Where physical commodity trading meets technology. Areas of Focus: Commodities trading, Supply Chain Management, Commoditech
Headquarters: Singapore, Central Region, Singapore
Industries: B2B, Enterprise Software, Information Technology, Oil and Gas, Plastics and Rubber Manufacturing, Predictive Analytics, SaaS, Software, Supply Chain Management, Trading Platform
Founders: Unknown
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21. GZX
The idea behind this startup: GZX is a SaaS platform for the bilateral trading of environmental emission credits.
Headquarters: Baltimore, Maryland, United States
Industries: Biofuel, Biomass Energy, Clean Energy, Energy, Fuel, Oil and Gas, Renewable Energy, SaaS, Software, Trading Platform
Founders: Garret Zarembo
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22. Transform
The idea behind this startup: Transform are innovating training and workforce competency across the world with technology.
Headquarters: Unknown
Industries: 3D Technology, Oil and Gas, Training, Virtual Reality
Founders: Unknown
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23. Vigti
The idea behind this startup: Vigti is making gas pipeline safer and smarter
Headquarters: Singapore, Central Region, Singapore
Industries: Artificial Intelligence, Consulting, Information Technology, Internet, Machine Learning, Oil and Gas, Software
Founders: Unknown
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24. GZ Energy
The idea behind this startup: GZ Energy provides OTC voice-brokered and electronic emissions trading solutions for the renewable energy industry.
Headquarters: Baltimore, Maryland, United States
Industries: Biofuel, Biomass Energy, Clean Energy, Energy, Fuel, Oil and Gas, Renewable Energy, SaaS, Software, Trading Platform
Founders: Garret Zarembo
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25. Lytt
The idea behind this startup: Lytt is a young start-up with a big ambition: to shape the future of Energy through advanced analytics.
Headquarters: Sunbury-on-thames, Surrey, United Kingdom
Industries: Analytics, Energy, Oil and Gas
Founders: Unknown
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26. STRYDE
The idea behind this startup: STRYDE: visualising the subsurface of any terrain.
Headquarters: London, England, United Kingdom
Industries: Image Recognition, Information Technology, Oil and Gas
Founders: Unknown
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27. Battalion Oil
The idea behind this startup: Battalion Oil Corporation is an independent energy company that produced the exploration & development of oil and natural gas properties.
Headquarters: Houston, Texas, United States
Industries: Energy, Oil and Gas
Founders: Unknown
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28. Central Element Ltd.
The idea behind this startup: Unique Nuclear Magnetic Resonance technology application for remote sensing
Headquarters: Zürich, Zurich, Switzerland
Industries: Consulting, Environmental Consulting, Marine Technology, Military, Mineral, Nuclear, Oil and Gas, Water
Founders: Unknown
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29. Saifety.AI
The idea behind this startup: Saifety.ai is an AI enabled Safety Management Platform for high risk industries.
Headquarters: Dubai, Dubai, United Arab Emirates
Industries: Artificial Intelligence, Construction, Oil and Gas, Public Safety
Founders: Prakash Senghani
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30. Urgent Fuel
The idea behind this startup: Urgent Fuel is the first on-demand fuel delivery services platform in Bangladesh.
Headquarters: Dhaka, Dhaka, Bangladesh
Industries: Automotive, Delivery, Fuel, Information Technology, Mobile Apps, Oil and Gas
Founders: Manjur Rahman, Rakib Ullah
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31. Cerebre
The idea behind this startup: Industrial IoT development and AI modeling
Headquarters: Unknown
Industries: Aerospace, Artificial Intelligence, Internet of Things, Oil and Gas, Smart Building, Software
Founders: Jeffrey Robbins
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32. Signal Peak Silica
The idea behind this startup: Signal Peak Silica is a logistic company that offers in-basin frac sand supply and logistics services to support the oil & gas industry.
Headquarters: Houston, Texas, United States
Industries: Energy, Logistics, Oil and Gas, Transportation
Founders: Unknown
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33. NGV Global Group
The idea behind this startup: NGV Global Group designs, manufactures, distributes and supports natural gas-operated medium and heavy-duty commercial vehicles.
Headquarters: Dallas, Texas, United States
Industries: Autonomous Vehicles, Manufacturing, Oil and Gas
Founders: Unknown
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34. enechain
The idea behind this startup: enechain provides liquidity in Japan’s energy market by brokering OTC transactions of energy.
Headquarters: Akasaka, Tokyo, Japan
Industries: Energy, Oil and Gas, Service Industry
Founders: Unknown
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35. Daytum
The idea behind this startup: daytum: An education platform that bridges data scientists, energy industry professionals, and technology
Headquarters: Houston, Texas, United States
Industries: Education, Oil and Gas
Founders: Unknown
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36. Hough Capital
The idea behind this startup: Investment firm focused on clean energy, transportation, distribution & logistics, real estate, and oil & gas investments
Headquarters: Windsor, New Jersey, United States
Industries: Clean Energy, Electric Vehicle, Logistics, Oil and Gas, Solar, Transportation, Wind Energy
Founders: Gregory Hough
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37. Apex Peak
The idea behind this startup: Software development specializing in realtime IOT, data analytics and digital transformation.
Headquarters: Unknown
Industries: Business Intelligence, Data Visualization, Internet of Things, Mobile Apps, Oil and Gas, Software, Software Engineering
Founders: Aaron Cooke
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38. Eckard Land & Acquisition
The idea behind this startup: Eckard Land & Acquisition is a Oil and Gas Minerals.
Headquarters: Allen, Texas, United States
Industries: Mineral, Oil and Gas
Founders: Unknown
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39. Ryaen Holding Private Limited
The idea behind this startup: Ryaen Holding Private Limited is the principal investment holding company and promoter of Ryaen companies.
Headquarters: Unknown
Industries: Automotive, Digital Entertainment, Electronics, Financial Services, Information Technology, Leisure, Logistics, Media and Entertainment, Oil and Gas, Telecommunications
Founders: Ravichandra Reddy Vakati
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40. EnergyExpert
The idea behind this startup: Market Intelligence & Learning
Headquarters: Dubai, Dubai, United Arab Emirates
Industries: Artificial Intelligence, Business Intelligence, Energy, Market Research, Oil and Gas, Power Grid, Renewable Energy
Founders: Unknown
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41. Templeton Apus
The idea behind this startup: Templeton Apus provides essential news & intelligence to anyone involved in business, politics, health & finance across 47 sectors worldwide
Headquarters: Vienna, Wien, Austria
Industries: Business Intelligence, Digital Media, Health Care, Information and Communications Technology (ICT), Information Services, Mining, Oil and Gas, Pharmaceutical, Renewable Energy
Founders: Unknown
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42. Marcel Kooter Ltd.
The idea behind this startup: Helping companies operating in the oil and gas industry create value and pursue strategic growth in a complex and volatile market.
Headquarters: Unknown
Industries: Consulting, Oil and Gas
Founders: Marcel Kooter
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43. Ponderosa Energy
The idea behind this startup: Ponderosa Energy is a oil & energy company located in AUSTIN.
Headquarters: Austin, Texas, United States
Industries: Energy, Energy Storage, Oil and Gas
Founders: Unknown
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44. LPC Crude III
The idea behind this startup: LPC Crude III is an integrated Permian basin crude oil marketing platform providing purchasing at the lease.
Headquarters: Midland, Texas, United States
Industries: Oil and Gas
Founders: Unknown
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45. Trans-Northern Pipelines
The idea behind this startup: Trans-Northern Pipelines is a operates regulated pipelines in central Alberta.
Headquarters: Richmond Hill, Ontario, Canada
Industries: Energy, Oil and Gas, Transportation
Founders: Unknown
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46. SwitchMyEnergy.com
The idea behind this startup: The Energy Comparison & Switching Site
Headquarters: Unknown
Industries: Energy, Energy Management, Oil and Gas, Price Comparison, Renewable Energy
Founders: Unknown
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47. PENTAGON STEEL ENGINEERING
The idea behind this startup: PENTAGON STEEL ENGINEERING provides steel detailing services and products.
Headquarters: Mumbai, Maharashtra, India
Industries: Civil Engineering, Manufacturing, Oil and Gas
Founders: Unknown
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48. Process Risk Consulting
The idea behind this startup: Process Safety Engineering Consultancy
Headquarters: London, England, United Kingdom
Industries: Chemical, Chemical Engineering, Oil and Gas, Risk Management
Founders: Unknown
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49. Fypion – Marketing & Consulting
The idea behind this startup: We like connecting companies with people through technology
Headquarters: New Delhi, Delhi, India
Industries: Consulting, Information Technology, Internet, Management Consulting, Marketing, Oil and Gas, Personal Branding
Founders: Prince Yadav
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50. Bear Grid
The idea behind this startup: Bear Grid is a Start Up company developing technical solutions for security and surveillance systems based on AI seismic activity
Headquarters: Unknown
Industries: Artificial Intelligence, Corrections Facilities, Environmental Engineering, Industrial Automation, National Security, Oil and Gas, Security, Smart Home
Founders: Unknown
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51. Summit Terminaling
The idea behind this startup: Summit Terminaling is a Bulk Liquids Terminaling and Logistics Company.
Headquarters: Cumming, Georgia, United States
Industries: Logistics, Oil and Gas
Founders: Unknown
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