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Home » Businesses For Sale » Industrial Rigging » Texas » Listing BFS-133594

Oil & Gas Drilling Contractor

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Location

  • CityNot Disclosed
  • State Texas
  • CountryUnited States

Not Relocatable

Real Estate Included

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

This oil & gas contract drilling company has a long and consistent track record of highly capable performance and profitability. It has a strong customer base of primarily independent operators; nearly ninety percent of the company’s projects are “no-bid” quotes to repeat customers. The management team is among the most experienced (rig managers average 18 years with the company) and efficient in the industry and will remain with a new entity. The company currently owns and operates two well-maintained rigs and is considering additional growth opportunities through rig management agreements.

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