BWM - Mar 2015 - page 32

Business World |
March 2015
32
ratory, while the other quarter is made up of
support space. Their employee count is cur-
rently 25, though it has grown to as high as
35 when the oil & gas market is thriving.
Over the course of their decades-long histo-
ry, PERMhas worked on a variety of projects
of different sizes and scopes. For example, on
the “technical services” side of their business,
they have conducted individual laboratory
tests for clients for only a few hundred dol-
lars. They have also been involved in the de-
velopment of many new reservoir fields right
from the design stage, and those projects can
last years and become valued at millions of
dollars.
Those projects can also be challenging – and
that’s where PERM thrives, Dr. Kantzas says.
“Whether it is doing full diameter core
floods at high pressures and temperatures or
conducting complex relative permeability
measurements while scanning, we routinely
take on complex projects.”
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