Koltek Merges Terrapin Energy & Well Services Into New Entity

June 15, 2017

Newly Launched Energy Services Company Koltek Merges Terrapin Energy Services and Terrapin Well Service Into New Entity

Offers Well Service, Drilling, Directional Services and Oilfield Testing Facility

Houston, TX, Okmulgee, OK and Casper, WY

Koltek, a recently launched energy services company launched by entrepreneur Tim Koltek, has merged directional services company Terrapin Energy Services and well service company Terrapin Well Service into the new entity. Koltek founded both of the Terrapin companies and this new entity will combine drilling rigs, directional capabilities, well service and testing capabilities. The leadership team includes Jim Campbell (Drilling Optimization), Bryan Hebert (Directional), Jim McKinney (Well Service), Ian Noble (Business Development) and Randy Francis (Drilling) of the Terrapin companies. Koltek, headquartered in Mountain View, CA, will start with locations in Casper, WY, Houston, TX and Okmulgee, OK with plans to expand to Midland, Texas and Farmington, NM later this year. Directional and well services are currently available nationwide.

Tim Koltek comments “I really wanted to launch this new company to combine the many energy services our separate company’s offered under one roof. Our team is the best at what they do and by offering multiple service lines we provide discounts to our customers and single points of contact and responsibility.”

The company offers four service lines:

Drilling Rigs

Koltek can drill wells up to 10,000 feet with its two drilling rigs. Koltek has a hydraulic Gefco top drive drilling rig powered by 2 Triplex mud pumps. Koltek also has a Dugan drilling rig capable of depths of 10,000 feet.

Directional Capabilities

Koltek’s EM MWD System provides reliability, accuracy, and faster transmission rates than standard systems. Koltek’s Solid State EM Tools with no moving parts and simplicity of the design exceed 5000 hours (MTBF) and are extremely reliable.

Well Service

Koltek service rigs are late models, powered by hydraulics and capable of servicing wells to 5000 ft. This ensures easy rig up and limited down time.

Testing

Koltek has a 99 acre testing facility for oilfield companies to test their tools in complete confidence and privacy. Koltek owns the land, mineral rights, along with all the necessary equipment.

About Koltek

Koltek is a full service directional drilling, well service and testing provider to oil and gas companies across the USA. Koltek has offices in California, Texas, Oklahoma and Wyoming with plans to expand this year to Farmington, NM and Midland, TX. For more information call 650-386-6180 or go to www.Koltek.com