Mergers & Acquisitions for 39 years.

Wellsite Geology and Mudlogging

Acquisition Opportunity - Texas

A full-service wellsite geology and mudlogging organization for onshore operators of Oil & Gas Operators in North America. The company also provides advanced services including Mass Spec, XRF, and XRD on site of the well location. One of the only mudlogging companies that owns its own propriety mass spectrometer. Company is very diverse clientele base; with 100 active clients it provides full interpretation of the data to help clients drill and complete wells more successfully. Over the past 12 months, the company has built four mass spectrometers and purchased two new XRF machines. Company has small turnover in employees and customer sales. Company has small turnover in employees and customer sales. Turnover in entry level positions is less than averages for the industry.

Refer to Seller Number: S-3117-10 DFW

Financial Summary
202220212020
Revenue$8.0M$7.2M$6.4M
EBITDA$1.8M$1.4M$2.3M
Other Highlights
FinancialsManagement Team in PlaceYears in BusinessSIC / NAICS
CompiledYes71311

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