Acquisition Opportunity The company recently sold its assets to Culberson Construction, indicating a potential shift in engineering services needs or a change in preferred partners. This could present an opportunity to position Nicholas Consulting Group as a fresh alternative for oil and gas surface facilities engineering, FEED, and detailed design projects.

Niche Focus With a small team specializing in surface facilities engineering across process, mechanical, civil, structural, electrical, automation, and instrument disciplines, there is an opportunity to offer highly tailored, high-touch FEED and turnkey support engagements to oil and gas operators seeking focused expertise.

Frequent Projects NCG’s service areas—FEED studies, detailed engineering, and turnkey support—align well with mid-sized oil and gas projects in West Texas and similar markets, suggesting a pipeline of potential engagements for midstream and upstream facilities modernization and expansion.

Tech Enablement Current technology stack includes common web and open-source tools; potential to differentiate by offering modern, collaborative design environments, BIM or 3D modeling, and digital twin-capable workflows to improve project efficiency and attract tech-forward clients.

Financial Footprint Revenue range of 10 to 25 million and small employee base imply lean operations with ability to scale for targeted EPC and engineering services; sales motions can emphasize cost-efficient, high-quality engineering delivery for oil and gas facilities.