OPX Ai™ Company Profile

Background

Overview

OPX Ai™ is a technology company specializing in AI-driven solutions aimed at enhancing operational excellence and sustainability within the energy and industrial sectors. Established in 2018, the company is headquartered in Carrollton, Texas, with additional offices in Calgary, Alberta, and India. OPX Ai™ focuses on integrating artificial intelligence into field operations to improve efficiency, reduce emissions, and support the energy transition.

Mission and Vision

The mission of OPX Ai™ is to bridge field operations and AI intelligence without introducing platform bloat or process friction. The company envisions transforming how energy operators work by cutting costs, reducing emissions, and delivering measurable impact through AI-driven solutions.

Primary Area of Focus

OPX Ai™ specializes in operational excellence and sustainability, offering solutions that digitize operations, decarbonize industry, and democratize AI. Their services include Integrated Operations Centers (IOC), artificial lift optimization, methane verification, carbon removal technologies, and workforce development programs.

Industry Significance

In the context of the energy sector's shift towards sustainability and digitalization, OPX Ai™ plays a pivotal role by providing technologies that enhance operational efficiency and support environmental goals. Their solutions address common industry challenges such as alarm fatigue, operational inefficiencies, and the need for real-time data-driven decision-making.

Key Strategic Focus

Core Objectives

• Operational Efficiency: Enhancing field operations through AI integration to improve uptime and reduce operational costs.

• Sustainability: Implementing technologies that support the energy transition by reducing emissions and promoting sustainable practices.

• Workforce Development: Training and certifying operators to effectively utilize AI tools, ensuring a skilled workforce adept at managing advanced technologies.

Specific Areas of Specialization

• Integrated Operations Centers (IOC): Establishing and managing IOCs to provide centralized control and monitoring of field operations.

• Artificial Lift Optimization: Utilizing AI to optimize artificial lift systems, enhancing production efficiency and equipment longevity.

• Methane Verification: Deploying technologies for real-time methane detection and verification to support environmental compliance and reporting.

• Carbon Removal Technologies: Developing and implementing solutions like CARBiN, a modular Direct Air Capture system, to capture and mineralize CO₂ emissions.

• Workforce Training Programs: Offering training programs such as "Operators of the Future" to equip operators with the skills needed to manage AI-enhanced operations.

Key Technologies Utilized

• Artificial Intelligence and Machine Learning: For predictive analytics, anomaly detection, and optimization of operational processes.

• Integrated Operations Centers (IOC): Centralized platforms that integrate various operational data streams for real-time monitoring and decision-making.

• Direct Air Capture (DAC) Systems: Technologies designed to capture CO₂ directly from the atmosphere, contributing to carbon reduction efforts.

• SCADA and PI System Integration: Ensuring seamless data flow and analysis by integrating with existing supervisory control and data acquisition systems.

Primary Markets Targeted

• Oil and Gas Industry: Enhancing upstream operations through AI-driven solutions to improve efficiency and reduce environmental impact.

• Mining Sector: Applying operational excellence strategies to optimize mining processes and support sustainable practices.

• Energy Transition Initiatives: Supporting industries in their transition towards sustainable energy practices by providing technologies that reduce emissions and improve operational efficiency.

Financials and Funding

Funding History

As a privately held company, OPX Ai™ has not publicly disclosed detailed financial information or funding history. The company has been cash flow positive since its inception and has reported over $4 million in revenue. In 2024, OPX Ai™ announced plans to seek $100 million in investments to scale its solutions globally.

Recent Funding Rounds

Specific details regarding recent funding rounds, including amounts raised and investors involved, have not been publicly disclosed.

Notable Investors

Information about individual investors or venture capital firms backing OPX Ai™ is not publicly available.

Intended Utilization of Capital

The capital raised is intended to support the global expansion of OPX Ai™'s solutions, enhance research and development efforts, and scale operations to meet increasing demand in the energy and industrial sectors.

Pipeline Development

Key Pipeline Candidates

• CARBiN (Carbon Removal & Impact Advertising): A modular Direct Air Capture device that captures and mineralizes CO₂ emissions, generating carbon credits and funding itself through advertising revenue.

• Integrated Operations Centers (IOCaaS): Developing and deploying Integrated Operations Centers as a Service to provide centralized control and monitoring of field operations.

• Artificial Lift Optimization Tools: Enhancing AI-driven tools for optimizing artificial lift systems to improve production efficiency and equipment longevity.

Stages of Development

• CARBiN: Prototype development with plans for pilot deployments in various industrial settings.

• IOCaaS: Service development with initial deployments in select regions, aiming for broader adoption.

• Artificial Lift Optimization Tools: Ongoing refinement and testing, with plans for integration into existing operational systems.

Target Conditions

• CARBiN: Industrial facilities seeking to reduce CO₂ emissions and generate additional revenue streams through carbon credits and advertising.

• IOCaaS: Energy and industrial companies requiring centralized monitoring and control of field operations to enhance efficiency and decision-making.

• Artificial Lift Optimization Tools: Oil and gas operators aiming to improve artificial lift performance and reduce operational costs.

Anticipated Milestones

• CARBiN: Completion of pilot projects and assessment of scalability in diverse industrial environments.

• IOCaaS: Expansion of service offerings to additional regions and industries, with a focus on customization and integration.

• Artificial Lift Optimization Tools: Integration into major oil and gas operators' systems, with measurable improvements in operational metrics.

Technological Platform and Innovation

Proprietary Technologies

• CARBiN: A modular Direct Air Capture system that captures and mineralizes CO₂ emissions, integrating with existing infrastructure and generating revenue through advertising.

• Integrated Operations Centers (IOCaaS): A service offering that establishes and manages Integrated Operations Centers, providing centralized control and monitoring of field operations.

Significant Scientific Methods

• Artificial Intelligence and Machine Learning: Utilized for predictive analytics, anomaly detection, and optimization of operational processes, enabling data-driven decision-making.

• Direct Air Capture (DAC) Technology: Employing chemical processes to capture CO₂ directly from the atmosphere, contributing to carbon reduction efforts.

• SCADA and PI System Integration: Ensuring seamless data flow and analysis by integrating with existing supervisory control and data acquisition systems.

AI-Driven Capabilities

• Buddy AI: An intelligent agent that detects exceptions and suggests actions, streamlining operations and reducing alarm fatigue.

• FieldIQ: An operator application that facilitates communication with Buddy AI, logs actions, and provides micro-lessons for continuous learning.

• IOCaaS Playbooks: Standardized playbooks and key performance indicators that optimize field operations and ensure consistent performance.

Leadership Team

Key Executives

• Jai Joon: Founder & CEO. Jai established OPX Ai™ with the vision to bridge field operations and AI intelligence, aiming to transform energy operations through practical AI solutions.

• Kent Baumgardt: Artificial Lift Subject Matter Expert. Kent brings decades of experience in artificial lift strategies, ensuring that OPX Ai™'s machine learning models are grounded in physics and validated by historical data.

• Arman M.: Vice President of USA Operations. A U.S. veteran, Arman leads OPX Ai™'s operations across the United States, focusing on empowering veterans in the energy sector.

• Darrell Todd: Operations Subject Matter Expert. With over 40 years of field experience, Darrell ensures that OPX Ai™'s solutions align with real-world workflows and effectively address operational challenges.

• Yogashri Pradhan: Chief Growth Officer. A former Chevron Lead Production Engineer, Yogashri brings expertise in production engineering and a passion for driving growth in the energy sector.

• Lisa Krantz: Managing Director (Canada).