What is Turn Right Tools?
Turn Right Tools is a key player in the oil and gas service industry, specializing in innovative completion fluid technologies. The company offers a comprehensive suite of products, including high-pressure shearing systems, enclosed chemical eduction devices, essential chemicals, and advanced filtration and mixing plant systems. Turn Right Tools is committed to improving wellsite efficiency and reducing operational costs for its clients, supported by a dedicated, round-the-clock team. Their technological focus is squarely on the upstream petroleum industry, where process optimization and cutting-edge solutions are paramount.
How much funding has Turn Right Tools raised?
Turn Right Tools has raised a total of $865K across 2 funding rounds:
Debt
$350K
Debt
$515K
Debt (2020): $350K with participation from PPP
Debt (2021): $515K led by PPP
Key Investors in Turn Right Tools
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Turn Right Tools?
The recent major strategic investment signals a period of accelerated growth and potential expansion for Turn Right Tools. This capital infusion is likely to fuel further research and development into their completion fluid technologies, potentially broadening their product line or enhancing existing systems. The company's focus on efficiency and cost reduction at the wellsite positions them well to capitalize on market demands for optimized upstream operations. Future developments may include strategic partnerships or market penetration into new geographical regions, leveraging their established expertise and around-the-clock service model.
See full Turn Right Tools company page
