PTECH DRILLING TUBULARS Revenue and Competitors

Conroe, TX USA

Location

N/A

Total Funding

Energy/Oil

Industry

Estimated Revenue & Valuation

  • PTECH DRILLING TUBULARS's estimated annual revenue is currently $3.6M per year.(i)
  • PTECH DRILLING TUBULARS's estimated revenue per employee is $171,500

Employee Data

  • PTECH DRILLING TUBULARS has 21 Employees.(i)
  • PTECH DRILLING TUBULARS grew their employee count by -5% last year.

PTECH DRILLING TUBULARS's People

NameTitleEmail/Phone
1
Corporate Sales SpecialistReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$38M14123%N/AN/A
#2
$60.6M2254%N/AN/A
#3
$6.7M343%N/AN/A
#4
$11.2M516%N/AN/A
#5
$18.6M766%N/AN/A
#6
$7.3M3915%N/AN/A
#7
$42.3M15734%N/AN/A
#8
$18.6M764%N/AN/A
#9
$6.9M356%N/AN/A
#10
$5M290%N/AN/A
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What Is PTECH DRILLING TUBULARS?

The PTech+ connection provides increased torque while still maintaining a streamline geometric design. Torque capacity averages 65% ‐ 80% greater than API connections of the same OD and ID dimensions and 10% ‐ 30% greater than most proprietary high torque connections of the same OD and ID dimensions. The combination of a slow taper and large radius thread root allows each PTech+ connection to have smaller OD’s and larger ID’s and still maintain a balanced connection. The large single root radius considerably reduces peak stresses in the connection and reduces the connections stiffness. Comprehensive testing includes: FEA, Torsion to Failure, Repetitive Make‐Up and Break‐Out, and Comparative Fatigue. ● A 3D Method was used to evaluate an overall connection peak stress and SCF (Stress Concentration Factor). The PTECH+ Design Models were numerically analyzed using ANSYS® X64ed. V12.1 to show the stress in the connection at both minimum and maximum internal gap tolerances due to make‐up torque. ● 100 Make and Breaks were accomplished without galling on either the pin or box connection. The PTech+ Connection provides turns to make‐up similar to API… and fewer turns to make‐up than certain other proprietary connections. ● PTech39+ Connection ‐ 7.5 Turns NC40 Connection ‐ 6.5 Turns ● PTech55+ Connection ‐ 8.8 Turns ● PTech59+ Connection ‐ 9.3 Turns 5‐1/2 FH Connection ‐ 9.8 Turns ● PTech68+ Connection ‐ 8.4 Turns 6‐5/8 FH Connection ‐ 9.8 Turns Results of extensive field use demonstrate the cost‐saving opportunity with the PTech+ connection. Cost of ownership and repair is less than other high torque products in the marketplace. ● A string was used for 18 months to drill 16 wells (average 21,105 feet per well) in the North Dakota Bakken, before some of the string began to require replacement. ● DS‐1 Service Category 5 inspection frequency was every 4th well drilled.

keywords:N/A

N/A

Total Funding

21

Number of Employees

$3.6M

Revenue (est)

-5%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$3.8M22-21%N/A
#2
$2.3M23-4%N/A
#3
$5.8M235%N/A
#4
$2.4M244%N/A
#5
$6.2M25-22%N/A