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Wellcem

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Wellcem is an oil service company headquartered in Norway with branches located around the world. Wellcem’s vision is to be a leading provider of technology for Plugging, Lost Circulation, Leak Stop, and Sand Consolidation in Oil and Gas Wells. Wellcem has developed and patented ThermaSet®. ThermaSet® is a polymer based resin that is pumped downhole in a liquid state and with both time and temperature will transition into a hard set solid. Once in its cured state, its mechanical properties greatly exceed those of conventional systems making it ideal for the downhole environment. Viscosity, curing time, and density can all be custom tailored to remediate the customer’s specific dilemma. The resilience of ThermaSet® combined with Wellcem’s proficiency in ‘Oil Well Therapy’ has enabled the success of over one hundred projects spanning across the globe. Wellcem’s main branch is located in Norway and is comprised of over 30 employees internationally operating around the world. The staff includes highly skilled mud/fluid engineers and Ph. D polymer chemists that utilize their experience and competence to create optimal solutions to the unique set of scenarios presented in each well. Wellcem’s state of the art laboratory is located Norway and is heavily involved in both research and development projects as well as operational field support. Research and Development plays a key role in the company’s business model, where cooperative advances in ThermaSet® technology allow Wellcem to provide novel solutions to the customer’s current and future needs.

Wellcem is an oil service company headquartered in Norway with branches located around the world. Wellcem’s vision is to be a leading provider of technology for Plugging, Lost Circulation, Leak Stop, and Sand Consolidation in Oil and Gas Wells. Wellcem has developed and patented ThermaSet®. ThermaSet® is a polymer based resin that is pumped downhole in a liquid state and with both time and temperature will transition into a hard set solid. Once in its cured state, its mechanical properties greatly exceed those of conventional systems making it ideal for the downhole environment. Viscosity, curing time, and density can all be custom tailored to remediate the customer’s specific dilemma. The resilience of ThermaSet® combined with Wellcem’s proficiency in ‘Oil Well Therapy’ has enabled the success of over one hundred projects spanning across the globe. Wellcem’s main branch is located in Norway and is comprised of over 30 employees internationally operating around the world. The staff includes highly skilled mud/fluid engineers and Ph. D polymer chemists that utilize their experience and competence to create optimal solutions to the unique set of scenarios presented in each well. Wellcem’s state of the art laboratory is located Norway and is heavily involved in both research and development projects as well as operational field support. Research and Development plays a key role in the company’s business model, where cooperative advances in ThermaSet® technology allow Wellcem to provide novel solutions to the customer’s current and future needs.

Primary SectorGeneral Industry
Workforce Size11-50 Employees
Global HQTrondheim, Norway
Total Capital RaisedBootstrapped / Private

Corporate Firmographics

Entity classification and operating profile

Industry
General
Company Type
Privately Held
Founded
2002
Employee Bracket
11-50
Estimated Revenue Range
Undisclosed

Geographic Coordinates

Headquarters address and regional territory

Street Address
Kanalsletta 4 Rogaland Stavanger
City
Trondheim
Region / State
Trøndelag
Postal Code
4033
Country
Norway

Digital Presence & Footprint

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Official Domainwellcem.com
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LinkedIn NetworkActive Profile
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