MCR Oil Tools
Industrial Machinery & Equipment · Texas, United States · 51-200 Employees
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Overview
Headquarters
7327 Business Pl, Arlington, Texas, 7600...Phone Number
(817) 701-5100Website
www.mcroiltools.comRevenue
$22.1 MillionIndustry
ZI Rank: 1
Signal Type
Jan
Feb
Mar
Apr
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Jun
ZI Rank
2
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About MCR Oil Tools
MCR Oil Tools specializes in developing advanced cutting systems, including the Radial Cutting Torch, for the oil and gas pipe recovery industry. Their products are designed for safe and efficient pipe cutting without explosives, catering to slickline and wireline operations. The company also offers training and certification for technicians using their systems, ensuring proper implementation and safety. MCR Oil Tools aims to provide innovative solutions and support for clients in the oilfield service sector.Explore more
MCR Oil Tools Org Chart
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Company Profile Activity
Activity Insights
MCR Oil Tools is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
MCR Oil Tools is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about MCR Oil Tools.
MCR Oil Tools financials insights
Gather financial insights about MCR Oil Tools, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Debt
$1M
2021
Debt
$1.2M
MCR Oil Tools Tech Stack
A closer look at the technologies used by MCR Oil Tools
Most Recent Scoops
Person-Based
Michael Robertson including a product that could increase oil production from old wells by 20 times.
Product Development, Oil & Gas
Person-Based
Oil & Gas
Funding
MCR Oil Tools has received an SBA PPP loan in the amount of $1,167,250 from JPMorgan Chase resulting in the retention of 88 jobs.
Funding
MCR Oil Tools has received an SBA PPP loan for $1-2 million from JPMorgan Chase Bank.
Funding
MCR Oil Tools News & Media
MCR Oil Tools Announces PHMSA Confirmation of Non-Explosive, Non-Hazmat Status For Shipment Of Its Thermite Tools
ARLINGTON, Texas, June 12, 2025 /PRNewswire/ -- MCR Oil Tools announced approval from PHMSA (Pipeline and Hazardous Materials Safety Administration), a division of the U.S. Department of Transportation, to transport the company's renowned thermite-based Radial Cutting Torches (RCT) as...MCR Oil Tools Announces Landmark Court Decision
ARLINGTON, Texas, Aug. 14, 2024 /PRNewswire/ -- MCR Oil Tools LLC announces a landmark victory following a highly anticipated ruling by the U.S. Court of Appeals for the Fifth Circuit. The Court has affirmed that MCR's disassembled Radial Cutting Torches (RCT), essential for cutting oil...MCR OIL TOOLS, LLC and Azr Petroleum Company (APC) Announce Strategic Joint Venture for Manufacturing, Production and R&D of Tools and Products of MCR Oil Tools in Saudi Arabia
ARLINGTON, Texas--(BUSINESS WIRE)--MCR OIL TOOLS, LLC & Azr Petroleum Company (APC) Announce Strategic Joint Venture for Manufacturing, Production and R&D of tools and products of MCR
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Frequently Asked Questions Regarding MCR Oil Tools
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MCR Oil Tools specializes in developing advanced cutting systems, including the Radial Cutting Torch, for the oil and gas pipe recovery industry. Their products are designed for safe and efficient pipe cutting without explosives, catering to slickline and wireline operations. The company also offers training and certification for technicians using... Read More
