Cold Bore Technology

Cold Bore Technology, headquartered in Calgary, Alberta, Canada, is recognized as the new foundational standard in Frac Enterprise Communication. The company offers an enterprise communication IAAS (infrastructure as a service) through its SmartPAD platform, which serves as North America’s only physical and digital communications infrastructure service provider for fully collaborative pads in real-time. SmartPAD’s LayerZERO is the only standard protocol-enabled base layer for frac in North America, standardizing all data on the pad to reduce time spent on data cleaning and enhancing fleet productivity with shared look-backs into critical indicators, NPT stats, and activity overview summaries. The platform also includes an onsite edge server for real-time data processing, military-grade sensors, and advanced computing hardware for industrial-grade data accuracy, and provides real-time operating center (RTOC) support with 24/7 field technician support and training. In 2021, Cold Bore Technology experienced record deployments of its SmartPAD completions platform and almost doubled its workforce in Canada and the United States. The company closed $14M in growth financing led by bp ventures with participation from the Canadian Business Growth Fund (CBGF). Cold Bore Technology’s IntelliSONIC technology uses a sound-cancelling algorithm to focus solely on event characterization, classification, recording, and relaying in real-time, enhancing decision-making and remote viewing capabilities. The company has partnered with Downing’s Freedom Series Completion System to provide continuous 24/7 fracturing with real-time, seamlessly streamed operational pad data. Cold Bore Technology’s SmartPAD deployments are on pace to exceed 100% year-on-year growth, offering a full-featured sensor-to-cloud solution designed for streamlined data acquisition, accurate onsite processing, and KPI monitoring for optimized activities in real-time.