Peak Completions

Name

Peak Completions

Legal name

Peak Completion Technologies, Inc.

Website

https://peakcompletions.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

51–100 employees

Short description

Peak Completions is a privately held US oilfield completion technology provider founded in 2003, designing and manufacturing proprietary downhole tools — including multistage stimulation systems, dissolvable frac balls, packers, and liner hangers — for oil and gas operators across US basins.

Ownership category

akta.pro rank

Product category

Oilfield Completion Tools & Downhole Equipment

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Support Activities for Oil and Gas Operations (213112)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD)

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oilfield completion tools
• Multistage stimulation systems
• Downhole completion equipment
• Liner hanger systems
• Well construction tools

Headquarters

HQ city

Midland

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Completion Tool Sales: Sale of proprietary oilfield completion tools and equipment including frac sleeves, packers, liner hangers, and accessories. Products sold with associated technical support and service.
2. Engineering and Custom Design Services: In-house engineering and custom design services for developing specialized tools to solve difficult completion challenges. Includes prototype creation, testing, and field trial collaboration.
3. Cased Hole Service Tools: Full line of conventional downhole tools with experience and service from certified tool specialists.
4. Equipment Rental: Equipment rental services as indicated in terms and conditions: 'products or parts therefore, sold or rented to Customers'

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Peak Completions designs, manufactures, and services proprietary downhole completion tools for oil and gas operators, including multistage stimulation systems (SuperPort™, StrataPort™, IsoPort™, Impact™), packers (Predator™, SwellShark™), liner hangers (Sentinel™, Guardian™), dissolvable actuation balls (Fantom® series), casing flotation equipment (Buoy™), and gas lift components (TruTurn™, BurstGuard™). The company also provides in-house engineering and custom design services that take customer-specific completion challenges from concept through prototype, shop testing, and field-trial collaboration.

Product overview

Peak Completions is an oil and gas completion technology provider offering in-house engineering, manufacturing, and service. Their product portfolio is organized into four main categories: Completion Tools (including Openhole and Cemented Multistage Stimulation systems like Set-A-Seat™, SuperPort™, IsoPort CS/CT™, JAVELIN FRAC PLUG™, SwellShark™, Predator™ Packer, Impact™, StrataPort™ sleeves, and various actuation balls including Fantom® dissolvable balls), Well Construction (including Toe Initiators like TDi™ and TTi™, Sentinel™ Liner Hangers, Sentinel Shield™, Sentinel™ Top Packers, Buoy™ Floatation Collar, and accessories), Cased Hole Service Tools (including Remedial Tools, Retrievable Packers, Flow Control products like Model EF/EL/ER/SLX/SLXN Landing Nipples, Tubing Anchors, and Plugs & Retainers including bridge plugs and cement retainers), and Production Solutions (including ESP Catchers, Seal Bore Packers, Production Packers, Gas Lift Systems like TruTurn™ and BurstGuard™). The company also provides engineering and custom design services to develop new tools for specific completion challenges.

Differentiator

Problem solved

Functional benefit

Products and services

• Set-A-Seat™ A patent-pending pump-down baffle that leaves the largest ID possible in casing for optimum flowback, used with Fantom® dissolvable frac balls to eliminate the need for mill-out after treatment. Targets oil and gas operators running plug-and-perf completions.
• Slimhole Set-A-Seat™ A reduced-OD variant of the Set-A-Seat pump-down baffle for more flexible installation and better tool diameter clearance in slimhole applications, used with dissolvable frac balls.
• SuperPort™ Ball-Actuated Frac Sleeve Ball-actuated frac sleeve for cemented and openhole multistage completions offering reduced ball seat increments, continuous pumping operation, 10,000 psi standard differential rating, and HPHT versions up to 15,000 psi. Quantified to save up to 12 days on a 30-stage system vs plug-and-perf.
• IsoPort CS™ Frac Sleeve Ball-drop frac sleeve providing zonal shutoff with ability to close or reopen production at any stage, rated 10,000 psi / 350°F with HPHT adaptability for remedial operations.
• IsoPort CT™ Frac Sleeve CT shifting tool actuated frac sleeve allowing selective opening of ports using differential pressure for cemented multistage systems.
• JAVELIN FRAC PLUG™ All-composite body frac plug for temporary zonal isolation in vertical and horizontal wells with 2–3 minute drill-out times.
• Re-Co Carried Ball WLAK Plug-and-perf tool with a proprietary interlock system preventing isolation ball pre-capture during plug deployment, enabling isolation ball recovery.
• SwellShark™ Swellable Packer Cost-effective swellable isolation packer with a proprietary elastomer that swells on contact with oil-based, water-based, or high-salinity wellbore fluids, available in custom lengths up to 20 ft.
• Predator™ Openhole Isolation Packer Dual-element seal isolation packer for horizontal and vertical wells with up to 14,000 psi differential pressure and 350°F temperature ratings, featuring a dual anti-preset system. Proven with over 20,000 successful installations.
• Impact™ Frac Sleeve Patent-pending extended-reach frac sleeve enabling up to 45 stages in 4.5" and 61 stages in 5.5" production liners by allowing one ball size to open two stages independently.
• StrataPort™ Premium Ball-Actuated Frac Sleeve Third-generation ball-actuated frac sleeve with proprietary ball seat design rated 10,000 psi / 350°F, supporting up to 31 independently treated stages in openhole multistage completions.
• Impulse™ Sleeve Patent-pending mechanical toe initiation sleeve allowing multiple high-pressure tests before opening at the desired pressure, rated at 12,000 psi.
• HydroPort™ Sleeve Pressure-actuated toe initiation sleeve with reliable shear opening system for opening to annulus, rated 15,000 psi burst.
• DownJet™ Circulating Sleeve Ball seat and internal float system technology for liner isolation with adjustable hydraulic shear system and 10,000 psi differential rating.
• TDi™ Time Delayed Initiator Time-delayed toe initiator for well construction operations.
• TTi™ Tandem Toe Initiator Tandem toe initiator for well construction operations.
• Wet Shoe Sub Tool allowing standard plug sets to be utilized in wet shoe applications with a 250°F standard temperature rating.
• Buoy™ Floatation Collar/Sub Direct-pressure actuated collar for extended-reach horizontal drilling applications, allowing lateral sections of casing to remain air-filled and buoyant during installation. Patent-pending internals ensure zero cement contamination.
• TruTurn™ Gas Lift Centralizer Patent-pending gas lift centralizer integrated into lugs of conventional gas lift mandrels, designed to reduce operational complexities and withstand torsional stress while maintaining optimal production.
• BurstGuard™ Gas Lift Technology Patent-pending technology for isolating valves across a wide array of operations, facilitating smooth transitions in gas lift system conversions and safeguarding valves against corrosive environments.
• Sentinel™ Liner Hanger Premium high-slip contact area hydraulically set anchoring system for critical wells, applicable to both cemented and openhole applications, developed as part of the standalone Liner System division created in 2011.
• Sentinel™ Top Packer High-performance rotational liner top isolation packer using the ECNER high-pressure packing element.
• Sentinel Shield™ Rotational Liner Hanger Rotational liner hanger using locating collar design to eliminate risk of hanger pre-set and allow continuous fluid circulation during setting.
• X-Series Actuation Ball Hybrid-design frac ball using advanced lightweight, high-strength materials with specific gravity of 1.80 and 350°F temperature rating.
• X-Lite Actuation Ball Hybrid-design actuation ball using advanced lightweight carbon-infused elastomeric materials with specific gravity of 1.36 and 550°F temperature rating.
• X-Carbon Actuation Ball Hybrid-design actuation ball using random carbon-fiber infused phenolic resin with specific gravity of 1.75 and 375°F temperature rating.
• F5, F6, and F7 Fantom® Dissolvable Balls Hybrid-composite dissolvable frac balls with specific gravity of 2.018 and breaking pressures exceeding 10,000 psi; dissolve in common frac and formation fluids without special intervention.
• FX Fantom® Dissolvable Ball Metallic dissolvable ball with specific gravity of 2.7 used for zonal isolation during plug-and-perf and frac sleeve applications.
• FXH Fantom® Dissolvable Ball Metallic dissolvable ball with 18.5% less ID volume than FX Fantom, specific gravity of 2.2, rated 350°F / 10,000 psi.
• Model DB-5 Bridge Plug Economical, fully drillable bridge plug rated at 35 MPa (5,000 psi) for well abandonments or zone suspension.
• Model DB-10 Bridge Plug Economical, fully drillable bridge plug rated at 70 MPa (10,000 psi) for well abandonments or zone suspension.
• Model DB Bridge Plug Economical, fully drillable bridge plug suitable for well abandonments or zone suspension.
• Model HM-2 Bridge Plug Bridge plug set with hydraulic pressure and mechanical pull, rated 70 MPa (10,000 psi) with 150°C temperature rating.
• Model CR Cement Retainer Economical, fully drillable cement retainer designed for deep, hot, high-risk, prolonged, or complicated squeeze cement jobs.
• Engineering & Custom Design Services In-house engineering service that takes customer-specific completion challenges from concept, design by specialized mechanical engineers, prototype build, and strenuous shop testing through field trials, collaborating with operators and field specialists to make any necessary modifications.

Quantifiable outcome

• 30-stage system can save up to 12 days compared to plug-and-perf method
• +4 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature14 records

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Weatherford International: Weatherford provides a broad portfolio of completions and well construction tools, including liner hangers, packers, and multistage systems that overlap with Peak's offerings across global upstream markets.
• Halliburton: Halliburton is a global OFS major whose Production Solutions and Completion Tools segments offer ball-drop sleeves (e.g., RapidFrac), packers, and liner systems that overlap with Peak's offerings, often bundled with the company's pressure pumping and well construction services.
• Schlumberger (SLB): SLB is the largest global oilfield services company, offering an integrated portfolio that includes multistage completions (e.g., OpenPath Reach), dissolvable technologies, and liner hanger systems that directly compete with Peak's product lines as part of a much broader service bundle.
• Forum Energy Technologies: FET manufactures and supplies a range of downhole tools and completion equipment for global oil and gas operators, with direct overlap to Peak's packers, bridge plugs, and well construction products across multiple geographies.
• Baker Hughes: Baker Hughes offers completion and well construction products, including liner hangers, packers, and multistage systems, through its Oilfield Services & Equipment segment, competing with Peak while also providing integrated drilling and production services.

Direct peers

• NCS Multistage Holdings: NCS Multistage is a direct competitor in openhole and cemented multistage completion systems, offering sliding sleeves, packers, and frac plugs used in the same Permian, Eagle Ford, and Bakken plays Peak serves. Both companies pioneered openhole multistage stimulation technologies.
• Innovex International: Innovex designs and manufactures downhole tools and completion products, including packers, frac plugs, and flow control equipment, directly overlapping Peak's product portfolio and customer base in US unconventional completions.
• Nine Energy Service: Nine Energy Service provides completion and well construction products, including premium dissolvable frac plugs, packers, and cementing tools that are direct substitutes for Peak's Predator packer, Javelin frac plug, and related offerings in US shale basins.

Emerging players

• Element Production Solutions: Element is a US-focused completions and production solutions provider offering downhole tools, packers, and gas lift equipment that overlap with Peak's production solutions and cased hole service tools, serving similar US shale operators.
• Oil States International: Oil States provides completion products and well site services, with overlap in packers and well construction tools. While larger and more diversified into offshore production systems, its completions segment competes with Peak in the US market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/peakcompletions
• LinkedInlinkedin.com/company/peakcompletions

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peak Completions