What is Trilobite Testing?
Trilobite Testing operates a fleet of 12 trucks across key oil-producing regions including Kansas, Colorado, Nebraska, Oklahoma, and the Texas Panhandle. The company specializes in providing comprehensive oil well testing services, leveraging advanced technology for efficient data gathering and real-time transmission to clients. Their service portfolio encompasses drill stem testing, electronic shut-in tools, and site management, all designed to expedite the delivery of critical test results. Trilobite Testing has cultivated a strong reputation for delivering high-quality oilfield services, driven by a commitment to customer satisfaction and the adoption of cutting-edge monitoring software like ATMS2000.
How much funding has Trilobite Testing raised?
Trilobite Testing has raised a total of $390K across 1 funding round:
Debt
$390K
Debt (2021): $390K with participation from PPP
Key Investors in Trilobite Testing
PPP
Public-Private Partnership
What's next for Trilobite Testing?
The substantial capital infusion, indicated by the $390K and the recent $390K strategic investment, positions Trilobite Testing for significant expansion and technological advancement. As a company in a large-scale, late-stage funding phase, Trilobite Testing is likely to focus on enhancing its operational capacity, potentially expanding its geographic reach, and further integrating advanced data analytics into its service offerings. This strategic backing will be crucial for maintaining its competitive edge in the dynamic oilfield services market and capitalizing on emerging opportunities in energy exploration and production.
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