TEAM Oil Tools
TEAM Oil Tools is a privately held, mid-sized oilfield equipment and downhole tools provider founded in 1997, headquartered in The Woodlands, Texas, serving oil and gas operators through a B2B industrial sales model.
- Company typePrivate
- Founded1997
- HeadquartersThe Woodlands, United States
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
TEAM Oil Tools firmographics
Firmographics- Name
- TEAM Oil Tools
- Website
- https://teamoiltools.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- TEAM Oil Tools is a privately held, mid-sized oilfield equipment and downhole tools provider founded in 1997, headquartered in The Woodlands, Texas, serving oil and gas operators through a B2B industrial sales model.
- Ownership category
- akta.pro rank
TEAM Oil Tools industry classification
Industry- Product category
- Oilfield Equipment
- NAICS
- Mining and Oil and Gas Field Machinery Manufacturing (33313), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)
- akta.pro secondary industries
- Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR) (EUALABAI), Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC)
Keywords
Where TEAM Oil Tools is headquartered
LocationHeadquarters
- HQ city
- The Woodlands
- HQ country
- United States
- HQ region
- North America
Markets served
TEAM Oil Tools business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Oilfield Equipment Sales: Sale of specialized downhole and surface oilfield equipment to oil and gas operators. The company manufactures and sells equipment covering the entire well lifecycle from drilling through production and intervention. Revenue is generated through one-time equipment sales and likely includes aftermarket service and spare parts.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
TEAM Oil Tools product offering
Product offeringCore offering
TEAM Oil Tools designs, manufactures, and sells specialized downhole and surface oilfield equipment and tools used by oil and gas operators across the full well lifecycle. The product portfolio spans subsea wellhead systems, surface wellheads (drilling, production, thermal, frac), well construction tools (reamers, stabilizers, centralizers, cementing equipment), well completion tools (frac plugs, power charges, liner hangers, packers), production solutions (penetrators, gas lift systems), and fishing/intervention tools (casing pulling, milling, wireline equipment). Equipment is rated for shallow water, midwater, and deepwater applications.
Differentiator
Problem solved
Functional benefit
Products and services
- Subsea Wellheads Subsea wellhead systems designed for deepwater and offshore drilling operations, providing structural support and sealing for the upper portion of the wellbore.
- Subsea Connectors Subsea wellhead connectors for reliable connection between subsea equipment and surface facilities in deepwater environments.
- Mudline Suspension Systems Systems designed to support and suspend casing strings at the mudline in deepwater drilling applications.
- Casing Connectors Connectors for joining casing strings in subsea applications, ensuring structural integrity and pressure containment.
- Subsea Liner Hanger Systems Liner hanger systems for suspending liner strings in subsea wellbores, enabling efficient well construction.
- Downhole Deepwater Solutions Comprehensive downhole tools and solutions specifically engineered for deepwater drilling and completion operations.
- Diverter Systems Subsea diverter systems for diverting drilling fluids away from the wellbore during abnormal pressure situations.
- Subsea Trees Subsea Christmas trees for controlling production flow from subsea wells, providing wellhead christmas tree functions at the seabed.
- Drilling Wellheads Surface wellhead equipment designed for the drilling phase, providing structural support and pressure control during drilling operations.
- Production Wellheads Surface wellhead systems for the production phase, enabling controlled flow of hydrocarbons from the well.
- Thermal Wellheads Wellhead systems designed for thermal recovery operations such as SAGD and CSS, engineered to withstand high temperatures.
- Frac Solutions (Surface Wellhead) Surface wellhead frac solutions for hydraulic fracturing operations, providing pressure containment during stimulation treatments.
- Surface/Platform Unitized Systems Unitized wellhead systems combining multiple components for platform-based drilling and production operations.
- Reamers & Stabilizers Downhole tools for improving wellbore quality and directional control during drilling operations.
- Drilling Enhancement Tools Tools designed to enhance drilling efficiency, improve ROP, and overcome challenging drilling conditions.
- Centralizers Casing centralization tools ensuring proper cement placement and casing standoff in the wellbore.
- Stage Cementing Equipment Stage cementing equipment and tools for zonal isolation in long intervals or problematic formations.
Companies that use TEAM Oil Tools
Customer profileSegments2 records
Ideal customer profiles2 records
TEAM Oil Tools technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
TEAM Oil Tools partnerships and signals
Strategic signalScale indicators1 record
TEAM Oil Tools competitors and assessment
Company assessmentBroad incumbents
- SLB (Schlumberger): SLB is the world's largest oilfield services company, offering a comprehensive portfolio that directly overlaps TEAM Oil Tools' well construction, completion, subsea, and intervention tool offerings through its Well Construction, Completions, and Subsea Production Systems business lines.
- Halliburton: Halliburton is a major integrated OFS provider whose Completion and Production division directly competes with TEAM Oil Tools' completion tools (frac plugs, packers, liner hangers) and well construction product lines.
- Baker Hughes: Baker Hughes competes directly through its Oilfield Services and Subsea Well Technologies segments, offering wellheads, subsea production systems, and completion tools that overlap heavily with TEAM Oil Tools' portfolio.
Direct peers
- Weatherford International: Weatherford is one of the largest pure-play oilfield equipment and services companies, with a strong portfolio in wellheads, downhole tools, fishing/intervention, and artificial lift that is closely comparable to TEAM Oil Tools' product offering.
- TechnipFMC: TechnipFMC is a leading subsea equipment and services provider whose Subsea segment supplies subsea trees, wellheads, and connectors that directly overlap with TEAM Oil Tools' subsea wellhead and subsea tree product lines.
- Oceaneering International: Oceaneering provides intervention tools, subsea hardware, and wellhead equipment to offshore operators; its Subsea Robotics and Oilfield Services segments serve similar shallow water and deepwater projects as TEAM Oil Tools.
- Forum Energy Technologies: Forum Energy Technologies manufactures specialized oilfield equipment including subsea trees, wellheads, and downhole tools; its Completions and Subsea product lines directly compete with TEAM Oil Tools' offerings.
- Dril-Quip: Dril-Quip specializes in subsea wellheads, surface wellheads, and subsea production systems for offshore oil and gas; the company's subsea tree and wellhead portfolio is highly comparable to TEAM Oil Tools' subsea business.
- Cactus Wellhead: Cactus Wellhead is a private-equity-backed wellhead manufacturer providing surface and frac wellhead equipment for oil and gas operators, directly comparable to TEAM Oil Tools' surface wellhead and frac solutions lines.
Emerging players
- Packers Plus Energy Services: Packers Plus is a specialized completion tool manufacturer known for its open-hole multi-stage fracturing systems, competing with TEAM Oil Tools' completion products including frac plugs and liner hangers.
Market position
Customer concentration
TEAM Oil Tools social profiles
Digital presenceTEAM Oil Tools financial estimates
Financial estimateRevenue estimate
Valuation estimate
TEAM Oil Tools leadership team
Management profileNumber of profiles
Profiles2 records
TEAM Oil Tools funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TEAM Oil Tools M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TEAM Oil Tools
What does TEAM Oil Tools do?
TEAM Oil Tools designs, manufactures, and sells specialized downhole and surface oilfield equipment and tools used by oil and gas operators across the full well lifecycle. The product portfolio spans subsea wellhead systems, surface wellheads (drilling, production, thermal, frac), well construction tools (reamers, stabilizers, centralizers, cementing equipment), well completion tools (frac plugs, power charges, liner hangers, packers), production solutions (penetrators, gas lift systems), and fishing/intervention tools (casing pulling, milling, wireline equipment). Equipment is rated for shallow water, midwater, and deepwater applications.
Is TEAM Oil Tools a public or private company?
TEAM Oil Tools is a private company. It is classified as unknown and is currently operating.
When was TEAM Oil Tools founded?
TEAM Oil Tools was founded in 1997. It employs 251 to 500 people.
Where is TEAM Oil Tools based?
TEAM Oil Tools is headquartered in The Woodlands, United States, in the North America region.
How does TEAM Oil Tools make money?
One revenue line is on record: oilfield Equipment Sales.
Who are TEAM Oil Tools's main competitors?
Broad incumbents on record are SLB (Schlumberger), Halliburton and Baker Hughes. Direct peers are Weatherford International, TechnipFMC, Oceaneering International, Forum Energy Technologies, Dril-Quip and Cactus Wellhead. Packers Plus Energy Services is listed as an emerging player.
Does TEAM Oil Tools have an API?
No public API is recorded for TEAM Oil Tools.
What industry is TEAM Oil Tools in?
TEAM Oil Tools's product category is Oilfield Equipment. Its primary akta.pro industry code is EUALABAL, Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment), with a secondary code of EUALABAD, Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control). Its NAICS code is 33313 and its SIC code is 3533.