Quality Logging, Inc.
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Quality Logging, Inc. - overview
Established
1956
Location
-, TX, US
Primary Industry
Oil & Gas
About
Quality Logging, Inc. is a provider of specialized well logging services, focusing on mudlogging and geosteering solutions to enhance oil and gas drilling efficiency and effectiveness. Quality Logging, Inc. was founded in 1956 and is located in Midland, US.
The company specializes in well logging services, primarily serving exploration and production companies in the oil and gas sector. Richard Martin serves as the CEO. In March 2008, The Anderson Group recapitalized Quality Logging, Inc. Financial terms were not disclosed.
Quality Logging, Inc. specializes in a comprehensive suite of well logging services, primarily focusing on mudlogging and geosteering solutions. Their core offerings include advanced mudlogging, high-resolution drilling data analysis, and innovative geosteering services that enhance drilling performance and optimize well placements. Utilizing technology such as robotics and automation, the company provides real-time insights into well formations, assisting clients in maximizing reservoir contact and production potential.
Quality Logging's clientele includes exploration and production companies within North America, reflecting their commitment to technological innovation and environmental responsibility. Quality Logging, Inc. operates on a business-to-business model, providing well logging services to exploration and production companies in the oil and gas sector. Transactions are conducted through service contracts tailored for specific projects requiring detailed geological insights.
Revenue is structured around project-based pricing, which may involve individual fees for services like mudlogging or advanced data analysis, fostering long-term partnerships with clients as they support critical decision-making throughout the drilling process. Quality Logging, Inc. aims to enhance its service offerings with the development of new products designed to improve the efficiency of well logging operations. The company plans to expand its market reach, particularly targeting new regions in North America by the end of 2025.
Recent funding from The Anderson Group will support investments in technology and process improvements to facilitate this expansion. The recapitalization in March 2008 is a part of their strategy to secure resources for these initiatives.
Current Investors
The Anderson Group
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.qualitylogging.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Quality Logging, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Quality Logging, Inc. | - |
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