Caliber Completion Services
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Caliber Completion Services - overview
Established
2019
Location
Moore, OK, US
Primary Industry
Oil & Gas
About
Caliber Completion Services provides specialized wireline solutions focusing on cased-hole services and slickline operations, addressing the challenges of modern oilfield operations with innovative technology and high-quality service offerings. Caliber Completion Services was founded in 2019 in Moore, US, specializing in wireline solutions. The company was formed through a deal by B-29 Investments, with Ralph Townsend serving as CEO. Recently, Caliber completed its first deal on June 27, 2019.
Caliber Completion Services specializes in innovative wireline solutions, including cased-hole wireline services and slickline/braided line operations. Their offerings encompass pump down perforating, wireline logging, and wireline crane services, tailored for operators in the evolving oilfield environment. With a significant presence in key markets like the Permian Basin and the Mid-Continent Region, Caliber serves major oil and gas operators who depend on their expertise for effective completion processes. Caliber Completion Services generates revenue from direct service contracts with major oil and gas operators, focusing on B2B transactions.
Their project-based agreements include various wireline services, such as pump down perforating and slickline operations, with pricing structures tailored to client needs. Revenue is bolstered by Caliber's advanced wireline fleet, enabling efficient operations in challenging production environments and fostering long-term customer partnerships. Caliber Completion Services is strategizing for future growth by enhancing its product offerings and expanding its geographic reach. The company is actively developing new wireline technologies set for release in the coming years.
Additionally, Caliber aims to penetrate new markets, focusing on further expansion in the Permian Basin and Mid-Continent Region by 2023. The funding from their most recent deal in June 2019 will support these initiatives as they enhance their operational capabilities and broaden their service range.
Current Investors
B-29 Investments
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.calibercompletions.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Caliber Completion Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Caliber Completion Services | - |
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Caliber Completion Services - employee data
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