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West Texas Oil & Gas Service Company

Strategically headquartered in the middle of the West Texas oilfields, this business is built to sale. With key middle and upper level management in place, on-site housing for 100+ employees, a robust and well maintained inventory of equipment, and over 140 active MSAs, this business is an ideal platform acquisition for a company looking to get into the West Texas oil and gas service market or as a bolt on to an existing operation. Ownership is absentee and is not involved in the day to day operations of the business. Growth opportunities include expansion into additional markets with existing MSAs (Eagle Ford, Haynesville, Eagle Bind, Wood Bind, Austin Chalk, Barnett, etc), and/or additional service offerings, such as rat hole, surface drilling (spudder rigs), workover rigs, gap vac and vac truck services, rig cleaning, clean, drift and tally services, and offering float equipment.

  • BUSINESS PRICECurrently Accepting Offers
  • REAL ESTATE PRICE$2,500,000
  • SALES$15.6M
  • EBITDA$3.1M
  • FF&E$5M
  • INDUSTRYOil and Gas Service Company
  • LOCATIONWest Texas
  • BUSINESS TYPEABSENTEE OWNERSHIP
  • LISTING ID1168
  • CATEGORY ,
  • TAGS

CONTACT INFO

DRAKE BUSINESS BROKERS

903-581-3750

lee@drake-investments.com

www.drakebusinessbrokers.com

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