Last deal

$7M

Amount

Series A

Stage

02.07.2018

Date

1

all rounds

$7M

Total amount

General

About Company
Salamander is a Shell spinout that provides heater systems for the oil and gas sector.

Industry

Sector :

Subsector :

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Also Known As

Salamander

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Salamander's heater cable technology is designed to improve production rates in heavy oil wells by controlling viscosity, eliminating solids, accelerating SAGD well connections, and recovering and monetizing hydrocarbons previously considered unviable. The technology uses a medium-voltage mineral insulated electrical cable with a stainless steel sheath, allowing it to operate at extreme temperatures. Salamander's versatile technology has a range of applications, including BoostWell™ Viscosity Improvement, StreamWell™ Flow Assurance, LinkWell™ SAGD Acceleration, Foundry™ In-Situ Conversion Process, and Subsea. The company also offers Well and Reservoir Consulting Services and In-Situ Heater Cable Services.
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