Oxane Materials

About:

Oxane is commercializing nanotechnology-enhanced propping agents that address oil and gas technical challenges.

Website: http://www.oxanematerials.com

Top Investors: EV Private Equity

Description:

Oxane is commercializing nanotechnology-enhanced propping agents (“proppants”) that address “Holy Grail” oil and gas technical challenges. OxFrac is a hydraulic fracturing proppant that combines superior proppant transport (“low weight”) with ceramic conductivity (“high strength”). OxFrac's value proposition is multifaceted and can be summarized as "more oil, more gas, more quickly." Modeling suggests that OxFrac should improve initial production by 50%, shallow production decline by as much as 15%, and improve total recovery by as much as 30%. These value components are compounded when it is considered that OxFrac should also afford the meaningful cost and environmental benefits. Oxane is focused on providing benefits to its investors, customers, and all other stakeholders.

Total Funding Amount:

$81.3M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Houston, Texas, United States

Founded Date:

2002-11-07

Contact Email:

info(AT)oxanematerials.com

Founders:

Andrew Barron

Number of Employees:

51-100

Last Funding Date:

2014-12-10

IPO Status:

Private

Industries:

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