What is Basin Engineering?
Basin Engineering, established in 1995 and headquartered in Oklahoma City, is a specialized oilfield consulting and engineering firm. The company provides a comprehensive suite of services, including contract operations, well-site consulting, and detailed engineering for drilling, completion, and production phases. Basin Engineering leverages its extensive experience in domestic and international basins to offer robust project management and safety leadership, with a core commitment to mitigating risks and reducing client costs. Their dedication extends to community support, notably through contributions to the American Heart Association's annual Shoot for the Heart tournament.
How much funding has Basin Engineering raised?
Basin Engineering has raised a total of $809K across 2 funding rounds:
Debt
$350K
Debt
$459K
Debt (2020): $350K with participation from PPP
Debt (2021): $459K led by PPP
Key Investors in Basin Engineering
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Basin Engineering?
The recent major strategic investment signifies a pivotal moment for Basin Engineering, likely enabling further expansion of its service offerings and geographical reach within the oil and gas industry. This capital infusion is expected to bolster its capacity to undertake complex projects, enhance its technological capabilities, and potentially explore new market opportunities. The company's established track record in risk mitigation and cost reduction positions it favorably to capitalize on this new phase of growth and solidify its market leadership.
See full Basin Engineering company page
