GOWell's Integrity Tech Gains Key Validation Ahead of Nasdaq Debut

SINGAPORE and NEW YORK – December 18, 2025 – GOWell Technology, a Singapore-based energy tech firm, has successfully passed a critical test of its innovative well integrity solutions, receiving significant validation from a European benchmarking program just as it prepares for a public listing on Nasdaq. The company announced its participation in an evaluation of next-generation technologies at the renowned NORCE testing facility in Stavanger, Norway, a hub for energy transition research.

The program, led by an independent Net Zero-focused organization, was designed to assess cutting-edge methods for ensuring the safety and environmental security of oil and gas wells. GOWell's performance in this rigorous, four-week trial provides crucial third-party validation for its proprietary technologies, which aim to solve one of the industry's most persistent and costly challenges: how to inspect the integrity of well barriers without undertaking expensive and carbon-intensive deconstruction. This development bolsters the company's position as it finalizes a planned merger with a special purpose acquisition company (SPAC) valued at over $400 million.

The Trillion-Dollar Decommissioning Challenge

The global energy sector faces a monumental task. As tens of thousands of offshore and onshore wells reach the end of their productive lives, they must be permanently plugged and abandoned (P&A) to prevent environmental hazards, such as the leakage of methane, a potent greenhouse gas. Furthermore, the burgeoning carbon capture, utilization, and storage (CCUS) industry relies on the absolute integrity of wells to ensure captured CO2 remains permanently sequestered underground.

This has ignited a rapidly growing market for well integrity management, with various analysts projecting the market to surge from around $15 billion in 2024 to over $26 billion by 2032. The primary hurdle in these operations is verifying the integrity of the cement sheath that surrounds the multiple layers of steel pipes, or tubulars, that form the well's structure. Traditionally, confirming the quality of this cement barrier required pulling the inner pipes out of the well—a complex, time-consuming, and expensive rig operation with a significant carbon footprint.

This is the problem GOWell aims to solve. The company has developed a suite of technologies that can effectively "see" through multiple concentric tubulars to evaluate both the steel casings and the crucial cement barriers behind them. By eliminating the need to remove these pipes for inspection, GOWell's solutions promise to dramatically reduce the time, cost, and emissions associated with well integrity evaluation, decommissioning, and CCUS projects.

A Breakthrough in Subsurface Imaging

At the heart of GOWell's offering is its Selective Non-Harmonic Resonance (SNHR) technique. The company describes this as a fundamentally new approach to cement evaluation that avoids the limitations of conventional ultrasonic and sonic tools, which often struggle to send and receive clear signals through multiple layers of steel and fluids. GOWell claims the SNHR method provides significantly improved sensitivity to the condition of the cement in the outermost annulus, the most critical barrier for environmental containment.

During the benchmarking program in Norway, GOWell deployed SNHR alongside its dual-tubular azimuthal evaluation technology. This integrated system provides a comprehensive, 360-degree map of the well's barriers, assessing the condition of the metal pipes and the quality of the cement sheath simultaneously. The tests were conducted under controlled and repeatable conditions designed to mimic challenging real-world well environments.

The validation at the NORCE facility is particularly noteworthy. The Norwegian Research Centre is a key player in European efforts to achieve Net Zero emissions, leading joint industry projects on sustainable well abandonment and CO2 storage with major operators like Equinor, Shell, and TotalEnergies. Its facilities are considered a gold standard for vetting technologies intended for the demanding North Sea environment.

“We have long held confidence in the efficacy of our technologies, the strength of our technical approaches, and the solutions we provide, particularly considering the challenging nature of the testing conditions at NORCE,” stated Dr. Qinshan Yang, GOWell’s Vice President of R&D, in a press release. “We believe our participation in this benchmarking underscores the readiness of these solutions and highlights their potential to support more efficient and lower-carbon well integrity evaluation.”

From Technical Validation to Wall Street Valuation

The timing of this technical validation is strategically significant. In October 2025, GOWell announced it had entered into a business combination agreement with Inflection Point Acquisition Corp. V (Nasdaq: IPEX), a SPAC. The deal, which implies a pro-forma enterprise value of approximately $401 million for the combined entity, is expected to close in early 2026.

Upon completion, the merged company will operate as GOWell Energy Technology and trade on Nasdaq under the ticker symbol “GOW”. The transaction is supported by a $70 million PIPE (Private Investment in Public Equity) financing round led by Inflection Point Asset Management.

For investors evaluating the SPAC merger, this independent benchmarking serves as a critical de-risking event. It provides tangible evidence that GOWell’s technology performs as advertised under rigorous, third-party scrutiny, moving it from a promising concept to a field-ready solution. This validation strengthens the company’s investment case as it seeks public market capital to accelerate the global deployment of its technology and expand its market share.

While the well integrity market is dominated by industry giants like SLB, Halliburton, and Baker Hughes, GOWell has carved out a distinct niche by focusing on the complex challenge of through-tubing evaluation. As the energy industry pivots towards lower-carbon operations and faces mounting pressure to address the legacy of aging wells, technologies that offer efficiency, cost savings, and a reduced environmental footprint are in high demand. Armed with fresh validation from a respected European institution, GOWell is positioning itself to capture a significant piece of this burgeoning market as it steps onto the global financial stage.