Total Equipment and Service

Total Equipment and Service is a provider of specialized equipment and services focused on the energy sector, facilitating transactions for oil and gas assets with a commitment to operational excellence. Founded in 2004 and headquartered in Granbury, US, Total Equipment and Service offers brokerage services for energy-related equipment. The company was acquired by C&J Energy Services, Inc. in April 2011, with the financial details undisclosed.

The founder's history and information about other companies founded were not provided. Total Equipment and Service specializes in the brokerage of oil and gas assets, offering a comprehensive platform for buying and selling critical energy resources. Their services include facilitating the sale of unused LNG plants, drilling rigs, and well service equipment, catering to private investors, energy companies, and industrial organizations, primarily in North America, Europe, and Asia. Total Equipment and Service generates revenue through a transaction-based model, relying on brokerage fees from oil and gas asset sales.

A standard 5% Administration Fee is included in the pricing of all listed assets. Their B2B transactions connect sellers of energy infrastructure with potential buyers, establishing a marketplace for energy assets. Notably, they list high-value equipment, such as an unused LNG plant priced at USD 5 mn, contributing to their revenue stream. While specific upcoming products or services were not detailed, Total Equipment and Service is focused on expanding its market presence in key regions, which may include further penetration into the European and Asian markets.

The recent acquisition by C&J Energy Services, Inc. is anticipated to support these initiatives, although exact funding utilization plans have not been disclosed.