University Group Lists “Most Promising” Oil & Gas Startups of the Year

July 15, 2019

Being a startup in the upstream industry does not make for an easy existence. For starters, the target customer base is famously known for its collective skepticism of new and unproven technologies. And even if an innovation passes technical muster, it must go well beyond creating nominal value to entertain wide interest from oil and gas companies. ResFrac’s precursor company, McClure Geomechanics, was named among the most promising startups by the Rice Alliance for Technology and Entrepreneurship for the Offshore Technology Conference’s (OTC) Startup Roundup in 2018.

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