Business Description

Project Wellhead, a well-established 25-year-old Oilfield Service company in the Texas Panhandle, specializes in providing fishing tool rentals and Wellhead service, sales, and installation. With a highly profitable machine shop for service, repair, and equipment remanufacturing, the company caters to a broad client base of independent and major Oil & Gas producers in NW Texas, Western OK, and SW KS. Noteworthy highlights include significant growth potential through targeted advertising and expansion into adjacent regions like the 'STACK' in Oklahoma or the Permian in West Texas, as well as the opportunity to introduce additional service lines such as high-capacity pumps and swivels. As a market-leading company with an impeccable reputation and strong relationships with customers and vendors alike, Project Wellhead boasts a competitive advantage in its geographical positioning and unique machine shop capabilities. The management, including seasoned general managers overseeing different divisions, is committed to supporting a smooth transition for potential buyers. With a robust financial standing characterized by diverse revenue