Prime Downhole Manufacturing Growth, Revenue, Number of Employees and Funding

Overview

Location:
Houston, TX USA
Total Funding:N/A
Industry:Energy/Oil
Founded:2015
Lead Investor(s):N/A
Press

Estimated Revenue & Financials

  • Prime Downhole Manufacturing's estimated revenue is currently $7.4M per year.
  • Prime Downhole Manufacturing's estimated revenue per employee is $229688

Employee Data

  • Prime Downhole Manufacturing has 32 Employees.
  • Prime Downhole Manufacturing grew their employee count by 33% last year.
  • Prime Downhole Manufacturing currently has 1 job openings.

Executive Contacts

NameTitle
John WadePresident
Mike WatsonVP of Marketing

What Is Prime Downhole Manufacturing?

Prime Downhole Manufacturing is a precision machining and parts manufacture providing Engineering, Service, and Repair of downhole tools and petroleum industry equipment. With over 100 years of combined experience in manufacturing, machining, management, and sales, Prime Downhole Manufacturing can meet your machining and manufacturing needs, whatever they may be. Located on the northside of Houston just south of 1960 and 45, Prime currently has over 40,000 sq/ft of climate controlled manufacturing space and another 30,000 sq/ft of external space for excess material and equipment storage. Current capabilities include: - 5 axis CNC milling centers - 4 axis CNC milling centers - CNC Lathe - Manual Lathe - Manual Milling centers - Welding (SMAW, GMAW, GTAW, PTA, Manual Hardfacing) - Thermal induction furnace - Electric furnace - Blast cabinets - Service and Repair of hydraulic systems - Manufacture of break-out machines (also service and repair all makes and models) Prime Downhole Manufacturing currently maintains quality system certifications in API Q1 and ISO 9001 and also maintains a manufacturing certification with API 7-1. Some of the major components manufactured by Prime Downhole include drill bits, stabilizers, reamers, motor components, and bearings. Prime has also set itself apart by providing service and repair to rotors and stators for directional drilling.

keywords:N/A

32

Number of Employees

$7.4M

Revenue (est)

1

Current Jobs

33%

Employee Growth %

N/A

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

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Prime Downhole Manufacturing News

09/03/2019 - Prime Downhole receives cash infusion to develop ...

Prime Downhole receives cash infusion to develop unconventional basins ... has led a $50 million equity commitment to Prime Downhole Holdings, LLC. ... to build a diversified oilfield equipment manufacturing company both ...

09/08/2019 - Directional Drilling Solutions & Services Market Growth ...

Evaluation of Technical Data and Manufacturing Plants – The power and also ... Also, prime strategical tasks on the current Market, including ...

09/03/2019 - Directional Drilling Solutions & Services Market Growth To ...

Hunting Energy Services Inc., Calmena Energy Services Inc., Oilwell Solutions, LLC, ... Vertex Downhole (Rentals), Weatherford (Rentals), National Oilwell Varco, MWD ... Evaluation of Technical Data and Manufacturing Plants – The power and ... Also, pr