Oil & Gas Service Stimulation/High Rate Pressure

Oklahoma

Asking Price: On Request
Business For Sale Details
Listed on Feb 20, 2023

The Company began as a production chemical service operation focusing on production enhancement for operators of producing wells Their growing fleet and reputation allowed expansion with current customers into other service lines. The purchase of large horsepower pumps launched the Company into the completion market, bidding higher priced and more profitable jobs. The shift into this market in 2022 allowed more completion work and more scheduled work permitting better project management with repeat work.

Long Lasting Relationships with Operators – The business is not dependent on the owner’s relationships. These relationships are based on performance and the ability of the employees to recommend quality solutions. Long term relationships with mom and pops as well as large companies.

Team that is Second to None – High levels of professionalism with all employees. There is key Management in Place - young but highly experienced managers at all levels. They want to be part of a growing company.

50/50 Split between Production and Completion: During the downturn the Company purchased equipment and positioned itself to take advantage of the growth it foresaw in 2022. Their model was to be split between production and completion to be adaptable in all markets.

Company Model – Investing over $200K with a top tiered consulting firm, the Company has sought excellence in its operations, employee relationships and customer relationships. Each worker is a salesperson representing the Company well.

High Barrier to Entry - Knowledge and equipment costs limit new entries.

Equipment –Very well maintained and just right for the job.

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Financials (USD)

Asking Price Not Disclosed

Cash Flow $1,893,465

Sales $8,988,966

Deal Terms

Represented by broker? Yes

Buyer Fee? Yes

Seller Financing? No

Willing to co-broke? Yes

Principals only? Available On Request

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? Available On Request

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