What is Log-Tech?
Log-Tech, LLC, established in 1985 and headquartered in Hays, Kansas, operates as a second-generation wireline service provider catering to the Oil & Gas industry. The company specializes in a comprehensive suite of cased hole services, including advanced digital logging, precise perforating, and efficient pipe recovery. With a collective expertise exceeding 100 years among its team members, Log-Tech is committed to delivering essential support and project assistance to clients across Kansas and neighboring regions, leveraging its multiple operational units to meet diverse industry demands.
How much funding has Log-Tech raised?
Log-Tech has raised a total of $55K across 1 funding round:
Debt
$55K
Debt (2021): $55K with participation from PPP
What's next for Log-Tech?
The recent influx of substantial expansion capital positions Log-Tech for a period of accelerated growth and operational enhancement. As a company operating at a significant Series B/C stage, this financing is expected to fuel strategic initiatives such as expanding service capabilities, investing in new technology, and potentially broadening its geographic reach within the Oil & Gas market. Log-Tech's focus on core services like digital logging and perforating, combined with its long-standing industry presence, suggests a trajectory aimed at solidifying its market share and enhancing its competitive advantage through strategic investment.
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