History
From Academia to Industry
At LTrace Geosciences, our mission is to bring sophisticated academic algorithms and methodologies to the market by developing state-of-the-art products. We were founded to serve as a critical bridge between scientific research and the practical demands of the energy industry. Our value proposition is clear: to transform complex subsurface data into tangible production increases by fundamentally improving reservoir characterization.
Forged in Research
Founded in 2017, LTrace is a spinoff from the Federal University of Santa Catarina (UFSC), built on the knowledge gained from a long-term R&D partnership with Petrobras. For over eight years, our founders, Fernando, Leandro and Rodrigo, collaborated on industry-funded projects, pioneering the use of Bayesian seismic inversion and machine learning for reservoir characterization. This deep, practical experience in solving real-world challenges formed the scientific bedrock of our company, allowing us to launch with proven, validated technologies.
GeoSlicer
Landmark achievement that embodies our mission is the GeoSlicer platform. Developed through a cooperation agreement with energy leaders Petrobras and Equinor, GeoSlicer is an integrated, AI-powered platform for digital rock analysis. It provides geoscientists with a comprehensive suite of tools for processing and analyzing digital rock images across all scales. Our strategic decision to release GeoSlicer as free and open-source software has been pivotal, fostering a global user community and accelerating collaborative innovation across the industry.
Our Growth and Vision
Today, LTrace has successfully grown from a small founding team to a dynamic organization of more than 20 employees. This expansion reflects the industry’s demand for our specialized expertise. We have successfully executed more than nine major Research, Development, and Innovation (R&D&I) projects, a testament to our team’s ability to consistently deliver on our mission. By continuing to transform advanced scientific concepts into powerful, reliable tools, we remain a dedicated partner in shaping the future of geosciences.
