NEWS

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

June 15, 2017

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) 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

Koltek Energy Services Introduces Oilfield Testing Campus in Northeastern Oklahoma

Turn Key Directional Drilling, Permits and Well Planning Services Included

Okmulgee, OK

January 23rd, 2018

Koltek Energy Services, a nationwide energy services company, has launched Koltek Testing Campus at its 99 acre facility in Okmulgee, Oklahoma.  This location will allow oilfield equipment manufacturers the ability to test their tools in a secure location 24 X 7 X 365.

Koltek uses a modern Gefco Speedstar 185K top drive drilling rig with a 61 foot high, 185,000 static hook loads, and hydraulically raised mast with dual raising cylinders.  The company has redundant MZ-9 mud pumps rated at 1000 HP each.  Companies can drill anything from surface wells to 5000 ft. directional wells because of Koltek’s EM MWD drilling equipment, including directional drillers on site to manage operations.  Koltek supplies all the equipment and doesn’t 3rd party vendors for the utmost in confidentiality in a gated facility managed around the clock.  Services including well planning and permits are all handled in house.

The varying lithology in Okmulgee County creates a valuable and challenging test environment for customers.  Formations include the Booch, Dutcher, Hunton, Woodford, Burgen and Tyner.

About Koltek

Koltek Energy Services is a full service directional drilling, well service and testing provider to oil and gas companies across the USA.  Koltek has offices in California, Oklahoma, Wyoming, Kansas and Texas with immediate plans to expand to New Mexico.