READ has more than 25 years of concentrated cased-hole logging experience and a solid reputation for delivering assured diagnostics to their customers. By delivering big data to its clients, READ helps them better understand the performance of their wells. This helps operators make balanced decisions quickly and with confidence, minimising risk and maximising production efficiency from their wells. READ is based in Aberdeen (UK), with offices in Qatar and the US.

“No matter where you operate, you can rely on us to add value to your oil and gas activities around the world”

  • Investment date: December 2016
  • Exit date: June 2022
  • Country HQ: United Kingdom
  • Industry: Energy & Marine
  • Sales 2020: 6.1 M GBP
  • Fund: Fund VII
  • Web page: readcasedhole.com

Management

Bruce Melvin (CEO and CFO)

Board of Directors

Tor Erling Gunnerød (Chairman)
Astrid Koppernæs
Børge Kolstad
Martin Perry