Houston, United States
Perfobore, founded in 2015, is a dynamic player in the Energy and Oil and Gas sectors, headquartered in the United States. Its slogan, "Enhanced well stimulations through the bit," encapsulates its pioneering approach in revitalizing mature oilfields. Utilizing a cutting-edge short lateral radial mechanical bit-drilling technology, Perfobore targets horizontal and vertical well enhancements, optimizing existing reserves for better economic performance and sustainability.
Perfobore's unique technology presents a viable alternative to conventional hydraulic fracturing, addressing challenges like high-viscosity oils and wellbore integrity with intelligent solutions for multistage Fracs and Re-Fracs. Their innovations promise to reshape the North American oil landscape, facilitating more efficient resource development.
The company attracted a $9.30M Series B investment in July 2021, backed by prominent investors Phystech Ventures, Runtech Ventures, and Vladimir Kuksov, signaling strong confidence in its transformative potential and growth trajectory.
