NXT Energy Solutions Inc. is a Calgary-based technology company specializing in the development and deployment of advanced geophysical sensor systems for subsurface fracture and fluid mapping. Its flagship technology utilizes inverse vertical seismic profiling (VSP) to deliver high-resolution fracture characterization, which helps exploration teams optimize well placement, enhance production strategies and reduce drilling risk. NXT’s services cater to the upstream oil and gas sector as well as mineral exploration, providing data-driven insights that support decision-making throughout the project lifecycle.
At the core of NXT’s offering is the Palmer™ high-resolution fracture detection sensor, supported by a suite of software tools for data processing, interpretation and visualization. The Palmer™ system can be deployed both onshore and offshore, delivering rapid turnaround of fracture intensity and orientation data. NXT also offers consulting services to help clients integrate fracture mapping into reservoir characterization workflows, thereby improving capital efficiency and mitigating the risk of operational surprises.
Founded in 2003, NXT Energy Solutions has grown from a research-focused start-up into a publicly traded company with a global footprint. Over the years, NXT has executed projects across North America, Europe, the Middle East and Africa, serving major energy companies, independent operators and junior miners. The company maintains strategic field offices and partnerships in key exploration regions, enabling rapid mobilization and consistent service quality for its clients.
Leadership at NXT Energy includes CEO Joe Mullings, who brings over 25 years of industry experience in geoscience technology and corporate management, and a board composed of geophysics and energy veterans. Under this guidance, NXT continues to innovate its sensor technology and expand into new markets, with a focus on delivering clear, actionable subsurface insights that help clients de-risk exploration and development projects worldwide.
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