Oilfield Services Provider in the Permian Basin

Southwest US

An Odessa-based, oil and gas safety services and products provider. The company is an oilfield safety and environmental service provider in the Permian Basin offering a wide variety of professional services. It is a very diverse company offering a well service-rig division, hot oil unit division, vac and kill truck division, water transfer division, as well as a roustabout division. With an abundance of equipment and services, it can offer companies from drilling to midstream with professional services.

Key Aspects:

  • Great Reputation from 19 years of conducting honest business
  • Talented management team with great expertise in their field of work
  • Sales team with strong local and corporate relationships
  • Hundreds of MSA's on file including most major oil companies
  • 200 dedicated professionally trained employees
  • Excellent opportunity for growth
  • Diversified to handle needs of any company from drilling to midstream


    • Large demand for safety services from onsite supervisions, rental, training, and product sales with increases in OSHA regulations
    • Expansion of Environmental Services into New Mexico as well as a larger footprint into Texas
    • Water Transfer Department has great potential for growth in both New Mexico and Texas with adding 12" transfer line as well as the capability to pump produced water
    • Opening new avenues by adding services to the mining and public sector
    • New lines of work in the pulling unit department by adding plugging equipment to meet a growing demand, while also providing an opportunity for the environmental department
      Key Indicators:

      Year End 08/31/2019 12/31/2018 12/31/2017
      YTD Internals Internals
      $'000 $'000 $'000

      Revenue 24,637 38,371 27,948
      Gross Profit 22,957 35,079 24,823
      Adj. EBITDA* 8,897 6,334 2,325

      *Earnings before interest, tax, depreciation and amortization (non-cash items)
      Bids Invited