Oilfield service and equipment supply companies form the backbone of the petroleum industry. Without them, oil and gas exploration and production would be difficult to impossible. These days, nearly all major technological advances, from drillbits to fracturing technology, come from the service companies and manufacturing side of the business.

Many companies specialize in providing services and equipment for harsh environments, such as the Arctic regions or the ultra deepwater. Others have come up with solutions to make the economics of shale gas formations and oil sands workable. Still others provide crucial data and precise seismic analysis of formations to reduce drilling and exploration risk.

This year, as the economic climate improves and energy demand returns, the need for competent and competitive oilfield service companies will grow. Collectively, these companies employ several hundred thousand workers and professionals in the US alone, and the revenues they earn and salaries they pay out go right back into the country's economy.

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Boots & Coots performs simultaneous drilling operations with two hydraulic workover units in North Texas.

With this issue, Oil & Gas Financial Journal has begun what will become a periodic listing and ranking of oilfield service and equipment supply firms along with the primary services they offer. The list covers US-based companies only, and it is by no means complete. For instance, it does not include drilling contractors, which are covered in a separate OGFJ ranking. And it does not include companies with overseas headquarters — at least not at this time. We may revisit that issue later or include a separate ranking of non-US-based oilfield service companies in a future issue.

If you would like your firm included in future rankings, please contact OGFJ's Mikaila Adams (mikaila@pennwell.com) with the relevant information, including your company's gross revenue amount for the latest fiscal year. Be sure to leave your name and contact information in case we have questions.

Click here to download pdf of the Top US-based oilfield service & supply companies

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