Thru Tubing Solutions

Name

Thru Tubing Solutions

Legal name

Thru Tubing Solutions

Website

https://thrutubing.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Oklahoma City

HQ country

United States

HQ region

North America

Offices20 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Thru Tubing Services: Specialized downhole intervention services including milling operations, fishing services, perforating, and wellbore cleanouts delivered by expert field teams 24/7.
2. Equipment Rental: Rental fleet of proprietary downhole motors, vibratory tools, and BHA components to oilfield operators for their thru tubing operations.
3. Custom Tool Fabrication: Design and manufacturing of customized downhole tools tailored to specific project requirements and geographic/operational variables.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Thru Tubing Solutions designs, manufactures, and services proprietary downhole tools and equipment used in thru-tubing well intervention operations, including positive displacement mud motors, extended-reach vibratory tools, motorhead assemblies, milling and junk basket tools, fishing and retrieval tools, tubing-conveyed perforating systems, completion chemicals with injection units, torque measurement devices, and the patented UnPlug stage-isolation system. The company complements its equipment portfolio with 24/7 field-execution intervention services, custom tool fabrication, and rental of its motor and BHA fleet to oil and gas operators globally.

Product overview

Thru Tubing Solutions offers a comprehensive portfolio of downhole tools and services for well intervention, specializing in thru tubing operations. The product lineup centers on downhole motors (Metal Max, A-10, F-5, Titan, All Metal), which form the core power systems. These motors integrate with motorhead assembly components (Abrasive Release Connector, Back Pressure Valves, Hydraulic Disconnect, Circulating Sub) to create complete Bottom Hole Assemblies (BHAs). Extended reach is enabled through vibratory tools (Surface Vibratory Tool, XRV, WavForce), while specialized mills (Carbide Mills) and junk baskets (Venturi, Circulating) handle debris removal. Fishing & retrieval services include jars, accelerators, overshots, and GS Spears for recovering stuck equipment. Perforating solutions feature Tubing Conveyed Perforating (TCP), TCP Motor Cleanout Systems, and abrasive perforators. Completion chemicals (TriboSlick, RheoSlick, ViscoSweep) with injection/mixing systems optimize fluid performance. Torque measurement devices (E-Vise, E-Wrench) ensure proper tool assembly. Wireline services provide cased-hole intervention capabilities. The company also serves geothermal markets with specialized versions of their motor and XRV technology.

Differentiator

Problem solved

Functional benefit

Brands

• SlicFrac: Proprietary stage isolation technology for plug-and-perf completions, powering the UnPlug system.
• Metal Max
• A10
• XRV
• WavForce XRV

Products and services

• Metal Max Downhole Motor Downhole positive displacement mud motor pairing a rugged metal rotor and metal stator with advanced bearing pack technology, designed for unmatched durability in harsh downhole environments with no rubber components.
• A-10 Downhole Motor 3.50-inch positive displacement mud motor engineered for demanding drilling environments, supporting up to 8 BPM BHA capability with ultra-low pressure drop and high torque output.
• F-5 Downhole Motor Heavy-duty downhole motor built for extreme durability and maximum torque with a rugged bearing section engineered for challenging drilling operations.
• Titan Series Downhole Motor High-performance motor designed exclusively for the workover and coiled tubing market, with a patented bearing section using thrust washer bearings instead of roller or ball bearings.
• All Metal Downhole Motor Downhole motor combining a standard bearing pack with metal rotor and metal stator, offering high chemical resistance and broad temperature range compared to rubber stators.
• XRV Extended Reach Vibratory Tool Dynamic excitation tool that enables coiled tubing to reach previously unobtainable depths, engineered without moving parts or elastomers with a specialized flow path creating varying flow resistance.
• WavForce XRV Extended Reach Vibratory Tool Cutting-edge extended reach vibratory tool tuned for maximum coiled tubing vibration while maintaining low operating pressures, with an open flow path ensuring circulation capability.
• Surface Vibratory Tool Surface vibratory tool that delivers vibration from the surface closer to the heel of horizontal wells to improve coiled tubing movement and maximize efficiency in challenging well sections.
• Carbide Mills Standard economical mills for normal cleanouts with custom designs including various shapes, sizes, clutch options, bottom profiles, and carbide configurations for cement removal, bridge plug removal, and scale drilling.
• Venturi Junk Basket Junk basket that creates venturi action by pumping fluid or nitrogen down coiled tubing to pull debris into the basket where finger grabs hold it until removal from the wellbore.
• Circulating Junk Basket Junk basket featuring a sliding junk housing that scoops up debris when pushed into lateral sections, securing debris inside when quickly pulled up to bottom.
• HZ Fishing Jar

Quantifiable outcome

• 21,306 plugs drilled in one month operation
• +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

Feature9 records

Partnerships

Two partnerships are on record, tiered core and minor.

• SlicFraccoreStrategic or Co-development Partner · 1 April 2024SlicFrac technology powers the UnPlug system, a revolutionary stage isolation solution developed through collaboration between Thru Tubing Solutions and SlicFrac for plug-and-perf completions.
• TTS Drilling SolutionsminorOthersRelated company under the RPC Inc. family of companies focused on drilling solutions, sharing brand and corporate ecosystem.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Others

• RPC Inc. TTS's NYSE-listed parent company providing diversified oilfield services including its own rental tool business and sister company TTS Drilling Solutions, serving as both corporate parent and a useful publicly traded proxy for sector valuation.

Broad incumbents

• Halliburton: One of the world's largest oilfield services firms providing completion tools, motors, and intervention services across global markets, with bundled offerings that can compete with or displace specialty providers like TTS.
• Weatherford International: Large diversified oilfield services company offering downhole motors, intervention tools, and thru-tubing services as part of a broader portfolio, competing with TTS especially on integrated contracts.
• SLB (Schlumberger): Global oilfield services leader with extensive downhole motor, intervention, and completion tool offerings, competing head-to-head with TTS in coiled tubing and thru-tubing intervention services.
• Baker Hughes: Major oilfield services and equipment manufacturer offering downhole motors, completion tools, and intervention services across global markets, with technology overlap to TTS's thru-tubing product portfolio.

Direct peers

• Packers Plus Energy Services: Specializes in open-hole and cemented completion systems including downhole tools for horizontal wells, with directly comparable staged completion technology offerings.
• Forum Energy Technologies: Manufactures drilling and intervention downhole tools including motors and coiled tubing equipment, overlapping with TTS's core thru-tubing product portfolio serving similar operator customers.
• NCS Multistage Holdings: Direct peer in completion-stage isolation and downhole tools for plug-and-perf operations, with comparable frac plug and sliding sleeve technologies competing against TTS's UnPlug system in US shale.
• Innovex Downhole Solutions: Specialty downhole tools provider offering completion and intervention products directly competitive with TTS's motors, vibratory tools, and fishing tool portfolio across oilfield and geothermal markets.

Emerging players

• Liberty Energy: US-focused completions services provider with in-house frac fleets and downhole technology development, representing both a potential customer and competitive threat to specialty tool providers like TTS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Key highlights7 records

Customer concentration

• Xx.com/ThruTubingSol
• Facebookfacebook.com/ThruTubing

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Thru Tubing Solutions