August 21, 2017 7:13 AM ET

Energy Equipment and Services

Company Overview of XACT Downhole Telemetry Inc.

Company Overview

XACT Downhole Telemetry Inc. provides XACT acoustic technology platform that delivers real-time downhole drilling and completion data with memory backup. The company specializes in the challenging well construction environments. It reduces risk and improves efficiency for oil and gas operators by enabling them to solve their complex well construction problems; and collaborates with clients to develop downhole data driven solutions to solve complex well problems utilizing acoustic telemetry systems to rig operations. The company’s acoustic telemetry network is installed in wells for various applications, including horizontal drilling, completions, cementing, and more. XACT Downhole Telemetry ...

906 55th Avenue NE

Calgary, AB T2E 6Y4


Founded in 2004



Key Executives for XACT Downhole Telemetry Inc.

Chief Executive Officer and President
Chief Financial Officer
Vice President of Operations & Product Supply
Chief Technology Officer and Vice President of Engineering
Director of Solutions and Intellectual Property
Compensation as of Fiscal Year 2017.

XACT Downhole Telemetry Inc. Key Developments

XACT Downhole Telemetry Appoints Sergio Aguilar as Head of Business Development

XACT Downhole Telemetry has expanded their team to include Sergio Aguilar as Head of Business Development. With over 20 years of experience working on sand control completions and fracturing in both technical and managerial positions, Aguilar's international experience and technical expertise bring a unique perspective to the XACT team. Aguilar spent 17 years at Schlumberger, starting as an Applications Engineer in the Gulf of Mexico and eventually becoming a Stimulation Technical Engineer. After Schlumberger, he moved to Murphy Oil Corp. as a Technical Advisor in the deepwater operations of Gulf of Mexico and Malaysia.

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Recent Private Companies Transactions

Private Placement
November 24, 2016

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