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Tuesday, October 13, 2015

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Hot Oil, Kill Truck & Drilling Services Business

Our firm currently represents a very profitable and growing oil field trucking service business for sale in Texas. This oilfield production services company (SIC 1382) specializes in production and drilling services, hot oil services, water transportation, "kill" services, acidizing services, chemical services and sales, and other services to/for oil and gas drillers. Oilfield production and drilling customers want services performed efficiently, correctly and at a competitive price, which is what they get from this oil service company. This has resulted in a strong client base of more than 600 accounts with little to no loss of customers.

This is an excellent opportunity to invest in the "oil patch" in a region where there are considerable growth opportunities. Specialized vacuum trucks provide services for the extraction, separation and transportation of waste water, comprising just more than 50 percent of sales. Sales are rounded out by the company's other down-hole service offerings, including hot oiling (24 percent of sales), acidizing services, frac tank rentals and chemical sales (10 percent), kill truck services (7 percent), and combination wash/vacuum truck services (5 percent).

Company-owned disposal sites and freshwater tanks give the company a distinct competitive advantage, as well as provide ancillary sources of income. Market-leading services are made possible by a full line of well-maintained equipment and rolling stock, including more than 45 vacuum trucks in addition to hot oilers, acid pump trucks, kill trucks and wash vacuum trucks. The account base is comprised of more than 600 oil and gas production companies active in the company's Southwestern market. Open-ended master service agreements ensure compliance with a client's strict operating standards and build strong and long-lasting client relationships.

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