Leading provider of construction and maintenance services for the oil and gas industry in Texas and the surrounding states for more than 50 years. The Company provides top quality construction, repair and maintenance services on pipelines and other facilities for oil and gas producers and pipeline companies in the region.
The company has 200 non-union employees, many with long tenure and extensive industry experience.
The recurring nature of the maintenance services provided contribute to long-term customer relationships, with repeat business at 80-90% of annual revenues. The recent decline in oil prices have had very little to no effect on revenue as the company works on midstream oil and gas operations.
An established (30+ years) provider of specialty anti-corrosion coating services for steel equipment and components primarily used in midstream operations, including oil and natural gas production, storage, transportation and processing.
The company provides internal coating and external painting of tanks and vessels used in various stages of the oil and gas production cycle. Additionally, they provide custom coating (internal and external) of oilfield equipment components such as piping, pipe spools, valves, fittings and more.
They have successfully established a trusted reputation with a long list of loyal, blue-chip customers who are becoming increasingly selective with vendors when it comes to safety records.
Using a conservative capital structure and ongoing fiscal management the Company is able to maintain double-digit profitability, even in the face of declining oil prices.
San Antonio, TX
LEWCO Oilfield Services, Inc. specializes in providing a variety of services to improve the efficiency of your drilling and production operation. LEWCO employs skilled roustabouts who can be sent to your location in a matter of hours. Our main services include power washing all types of oilfield equipment, bobcat and dozer work, cool-off stations, equipment rental, trash trailers, and more.
• PRESSURE WASHING ALL EQUIPMENT
• VAC TRUCK SERVICES
• GATE GUARD SERVICES
• LIGHT TOWER AND GENERATOR RENTALS
• PORTABLE TOILETS
• COOL-OFF STATIONS
• TRASH TRAILERS
Our power washing equipment is made up of only the best in high-pressure power washers. Our trailers are equipped with HOTSY equipment consisting of 2 Diesel Super Skid HSS Series Hot water pressure washers capable of discharging 38 gallons per minute of hot water ensuring that your oilfield rigging equipment can be cleaned quickly enabling you to move to your next site with no interruption. LEWCO can clean your rig and all of its components at any point during the drilling process and/or at its completion. Other equipment that we can clean consists of service trucks, pump jacks, drilling tools, heavy equipment, and more.
LEWCO has designed the most functional cool-off stations available for rent. Our cool-off stations will provide a relaxing covered space for your roustabouts to recharge. Each trailer is equipped with two Port-A-Cool fans that can reduce the temperature of the air by as much as 30 degrees. This is the perfect way to rest up your employees and can help to eliminate the risks of heat stroke. Recently, OSHA has enforced new provisions regarding elements of the workplace and overheating and recommends all workers to break and cool-off every hour. Cool-off stations are equipped with:
• Eyewash Stations & Emergency Showers
• First Add Kits and Heat Stress Kits
• A Fire Extinguisher
• TV with Safety videos.
• In addition to cleaning, LEWCO also has equipment that can handle light site work such as re-grading the pad site, filling in pot holes, clearing areas, and much more. Please call today for pricing and information.
• Let LEWCO deliver a 16 ft fully enclosed trash trailer to any location to ensure that your site stays clean. These are available to rent by the week, month, or on an annual basis. Please call today for pricing and information.
• OTHER RENTALS
• We rent generators, pumps, and more. Please call today for pricing and information.
The SW offered is fully developed, highly integrated, modular and innovative and is used to manage and automate various functions at major industrial plants, with focus on Oil and Gas. The SW includes several modules, each used to automate major plant functions such as;
-HSE business and activities
-Data portability, data collection and site tours
The SW is developed using latest Oracle tools, it has been sold and installed at several major oil and gas sites, mostly in the Middle East.
The above systems are needed at major and medium size plants to enhance plant safety, operability and profitability.
The category of such SW is supplied and developed by very few companies, worldwide and is highly limited outside USA and Europe.
We are willing to major share of the business.
NOTE Price JUST Adjusted For a CLOSING prior to 3-01-2015. This began as a Paving and Grading Contractor. Now well established with excellent rating and reviews. They had been making Good money, but then in 2011 they purchased over 32 acres (designed for plenty of room for expansion, adding a second and third plant) and set up their own on-site Asphalt Plant. Now their Paving and Grading Contracting "internal" costs have dropped and their profits are very high. Due to lower prices, they have almost $2,000,000 booked and signed to be completed in the next two months. By June they were 25% above last years revenues. The asphalt plant require only a few men to operate and is operating at only 20% capacity. 5X -10X Growth Projected, Hey! there's lots of acreage - then just add another plant. The reason their revenues have double is that (1) they now sell asphalt wholesale to third parties and it has a sweet margin for them due to operating efficiencies and (2) they can come in a dollar per unit under the competition on bids because their own costs are now so much less. Based on what the broker has seen, this company's revenues and profits will double again next year as well and then perhaps still increase by 20-30 a year for the next five years. This is a very sweet deal for an Investor, as the owners have trained their successors in both Plant Operations and Management and Paving Contracting - a Buyer could own and operate without having industry experience. The broker expects their competitors to try to attempt to buy them up quickly once announced, but for confidentiality reasons, this announcement is being withheld pending exposing the opportunity to others. NOTE: HIGHER CASH FLOW ONLY BEGAN IN LAST 48 MONTHS WITH ADDITION OF MFG ASPHALT ON SITE AND WHOLESALING.
Mercer County, NJ
Jefferson County, LA
Uintah County, UT
AB, Canada, AB
Western New York, NY
Thank you for signing up for the BizBuySell bulletin.
Sign up for the BizBuySell Bulletin and get advice on:
You can opt out of the BizBuySell Bulletin at any time.
Get free alerts via email when new businesses are listed matching your Petroleum Refining search criteria.
Reveal hidden alerts and unlock advanced features on search results and detail pages to help you find the perfect business.
Premium Members also get valuable insight into the buying process via our
video series, access to our advanced
business search agent, and more!