Tracer solutions are liquids that contain a tiny, detectable marker—such as a radioactive atom, dye, or chemical tag—used to follow where a drug, fluid, or biological process goes inside a body or a system. For investors, they matter because tracer solutions are central to diagnostic imaging, drug development and lab tests; their use or approval can unlock new revenue streams, require specialized manufacturing and regulation, and serve as an early signal of a product’s scientific or commercial promise.
chemical tracerstechnical
Chemical tracers are specially chosen or labeled substances introduced into a process or environment to reveal the path, speed, or transformation of materials; like dropping dye into a stream, they make invisible flows and reactions visible to scientists and engineers. They matter to investors because tracer data helps companies and regulators prove product performance, find leaks, optimize extraction or manufacturing, meet safety and compliance standards, and reduce costly downtime or environmental liabilities—outcomes that directly affect revenues, costs and legal risk.
parts per trillion (ppt)technical
A parts per trillion (ppt) is a measure of very tiny concentrations — one unit of something mixed into one trillion units of a substance. Imagine one second out of roughly 31,700 years to feel how small that is. Investors care because regulators, customers, and lenders may react strongly to trace-level contamination or chemical residues; ppt-scale findings can trigger expensive testing, recalls, liability, cleanup, or reputational damage that affect a company’s value.
carbon monitoringtechnical
Carbon monitoring is the ongoing measurement and tracking of a company’s greenhouse gas emissions using data from sensors, audits, satellites or reports, similar to checking a household’s energy meter to see how much is used. Investors care because those measurements reveal regulatory, financial and reputation risks — higher emissions can mean future costs, stricter rules, or reduced demand, while reliable monitoring supports credible climate targets and better risk management.
geothermaltechnical
Geothermal is heat drawn from beneath the Earth’s surface and used to generate electricity or provide direct heating and cooling, achieved by tapping hot rock, steam, or water through wells and using it like a natural hot-water heater. For investors it matters because geothermal projects can provide steady, long-lived energy output with low fuel costs, but require large upfront drilling and permitting outlays and carry site-specific technical and regulatory risks.
Pickering Energy Advisors advises Nordic Capital in the sale of Resman to SLB
HOUSTON--(BUSINESS WIRE)--
Global technology company SLB (NYSE: SLB) announced it has completed the acquisition of RESMAN Energy Technology from Nordic Capital. RESMAN is a leading provider of wireless reservoir surveillance and tracer solutions. RESMAN’s advanced chemical tracers provide unmatched precision and accuracy in tracking water, gas, oil and CO2 movement within reservoirs and wells, delivering critical insights to optimize production and recovery.
RESMAN’s cutting-edge tracer technology enables operators to monitor reservoir flow without disruption, offering unparalleled accuracy at parts per trillion (ppt) detection levels. These insights are vital for well performance and reservoir monitoring across oil and gas, CO2 storage and geothermal applications, helping operators enhance production and improve recovery.
“We believe SLB represents an ideal partner for Resman," said Diego Kuschnir, Managing Director at Pickering Energy Partners, “as it embarks on its next phase of growth across different sectors and geographies.”
During Nordic Capital's ownership period, RESMAN has developed from being a single-product company to offering multiple products across different business lines including next-generation technology for carbon monitoring and geothermal wells. This positions the company well for addressing the ongoing energy transition.
Nordic Capital believes global technology company SLB represents an ideal ownership match for Resman’s next phase, enabling the company to further accelerate adoption of its leading technology on a global scale.
Pickering Energy Partners’ Role
Pickering Energy Partners acted as Financial Advisor to Nordic Capital on the sale of Resman to SLB.
About Pickering Energy Partners
Pickering Energy Partners (“PEP”) is an energy-focused financial services platform. Our expertise spans decades across the entire energy landscape. We’ve deployed over $16 billion across all energy sub-sectors. We are, at our core, trusted energy advisors, investors, and partners alongside our clients. Headquartered in Houston, Texas, PEP delivers an experienced, opportunistic team that aims to provide guidance and long-term value for clients while having a positive impact on the companies and communities that PEP invests in. For more information, please visit www.PickeringEnergyPartners.com.
Pickering Energy Partners LP is a SEC Registered Investment Advisor. Affiliate PEP Advisory LLC is a registered broker-dealer, member FINRA/SIPC.
