Recent Acquisition Opportunity The recent acquisition of Essential Energy Services Ltd by Element Technical Services indicates active industry consolidation, suggesting opportunities to offer complementary services or equipment to the expanded customer base.
Sustainability Focus The launch of Essential's inaugural Environmental, Social and Governance report demonstrates a commitment to ESG principles, opening prospects for eco-friendly technologies, safety services, and sustainability consulting solutions.
Industry Expertise With Canada's largest masted coil tubing fleet and diverse completion, production, and abandonment services, Essential has established a strong position in oilfield services, presenting opportunities to introduce innovative well intervention technologies.
Technology Adoption Utilization of advanced tech stacks like Power BI, RackSpace Cloud, and Google Tag Manager signifies a digitally enabled operation, signaling potential for selling data analytics, cloud services, or digital workflow solutions.
Market Expansion Potential Focusing primarily in western Canada and with a revenue range of $25 million to $50 million, there is scope for regional or vertical market expansion through tailored service offerings or strategic partnerships.
$1B$10B
$500M$1B
$100M$250M
$25M$50M
$1B$10BEssential Coil Well Service uses 8 technology products and services including Power BI, RackSpace Cloud, Maintenance Connection, and more. Explore Essential Coil Well Service's tech stack below.
| Essential Coil Well Service Email Formats | Percentage |
| FLast@essentialenergy.ca | 49% |
| First.Last@essentialenergy.ca | 1% |
| FLast@essentialenergy.ca | 49% |
| First.Last@essentialenergy.ca | 1% |
Oil and GasCanada201-500 Employees
Essential provides oilfield services to oil and natural gas producers, primarily in western Canada. Essential offers completion, production and abandonment services to a diverse customer base. Services are offered with masted coil tubing, fluid and nitrogen pumping, services rigs and the sale and rental of downhole tools and equipment. Essential offers the largest masted coil tubing fleet in Canada.
Company Overview
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Funding & FinancialsEssential Coil Well Service's revenue is estimated to be in the range of $25M$50M
Funding & FinancialsEssential Coil Well Service's revenue is estimated to be in the range of $25M$50M
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