Since its inception in 1995, NITEC has had the opportunity to perform many large-scale, fully-integrated studies on highly complex reservoirs in addition to spacing, completion, EOR design studies for unconventional plays to maximize their asset value. NITEC’s commitment to utilize, design, and develop new technologies and workflows has enabled NITEC to adapt quickly to the emerging challenges of the industry and to provide technical solutions to these challenges. Unconventional Reservoir Evaluation: Physics-based unified modelling of hydraulic fracturing and reservoir flow to address number of wells per DSU, horizontal and vertical well placement, hydraulic fracturing optimization, sequence of zippered stimulations for pad completions, parent child well interaction, placement of infill wells in depleted areas, re-fracturing, EOR design and implementation. Carbon Capture and Sequestration: Our expertise is used to de-risk the geology through addressing the feasibility questions such as storage field potential — evaluation of how much CO2 can be stored safely , gas migration control — identifying migration mechanisms and options to mitigate, Infrastructure — decision support for compressors, number of wells and maximum injection rate and pressure limits as bottlenecks, utilization of CO2 — assessing EOR potential in unconventional and mature oil fields Gas Storage Modeling: Modeling of Underground Gas Storage in aquifers, depleted oil, and gas fields includes material balance, simulation and integrated studies. Integrated Reservoir Studies: Management and performance of fully integrated studies, focusing on the importance of integrating the characterizations from each of the four scientific disciplines: geophysics, geology, petrophysics, and reservoir engineering for conventional and unconventional reservoirs. Reservoir Characterization: Geological modeling of sand deposition. Fracture characterization to define vertical/horizontal connectivity.
| Website | http://www.nitecllc.com |
| Revenue | $5.3 million |
| Employees | 24 (13 on RocketReach) |
| Founded | 1995 |
| Address | 475 17th St Ste 1400, Denver, Colorado 80202, US |
| Phone | (303) 292-9595 |
| Industry | Oil and Gas, Energy, Utilities & Waste Treatment General, Energy, Utilities & Waste Treatment |
| Web Rank | 21 Million |
| Keywords | Reservoir Studies, Asset Maximization, Reservoir Simulation, Enhanced Oil Recovery, Well Completion, Production Optimization, Reservoir Engineering, Petroleum Engineering, Oilfield Services, Energy Consulting, Formation Evaluation, Fluid Dynamics |
| Competitors | NXP Semiconductors, STMicroelectronics, Infineon Technologies, Broadcom, Texas Instruments, Skyworks Solutions, Inc., Maxim Integrated, Analog Devices, Microchip Technology Inc., Renesas Electronics +40 more (view full list) |
| SIC | SIC Code 138 Companies, SIC Code 13 Companies |
| NAICS | NAICS Code 21 Companies, NAICS Code 221 Companies, NAICS Code 213 Companies, NAICS Code 22 Companies |
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The NITEC LLC annual revenue was $5.3 million in 2026.
Chet Ozgen is the Owner of NITEC LLC.
13 people are employed at NITEC LLC.
NITEC LLC is based in Denver, Colorado.
The NAICS codes for NITEC LLC are [21, 221, 213, 22].
The SIC codes for NITEC LLC are [138, 13].