What Repeat Precision does

Repeat Precision is a US-based manufacturer of downhole completion tools for the oil and gas industry, operating as a subsidiary of NCS Multistage Holdings, Inc. The company designs, engineers, manufactures, and delivers plug-and-perf completion tools — composite frac plugs (PurpleSeal), perforating guns (PurpleFire), single-use setting tools (PurpleSet), dissolvable plugs (PurpleReign), and integrated combo systems (FracSure Express and FracSure Max) — used by oil and gas operators to isolate stages and execute hydraulic fracturing in unconventional plays. Repeat Precision serves major North American exploration and production operators across all major US basins (Permian, Marcellus, DJ, Powder River, Eagle Ford, Haynesville, Mid-Con) and Canada, with a documented customer base that includes Apache, ConocoPhillips, Devon Energy, EOG Resources, EQT, Occidental Petroleum, Ovintiv, Civitas Resources, CNX, Mewbourne Oil, and a long tail of mid-market independents.

The company's technical differentiators center on materials and mechanical design: PurpleSeal PS-C is a zero-metal all-composite frac plug with ceramic buttons, interlocking castellations on slips, a planar slip-to-cone interface, and over 1 inch of rubber casing engagement, rated to 10,000 PSI; PurpleReign is a magnesium-based dissolvable plug engineered to degrade in well environment; StageSaver is a patent-pending misrun contingency device that eliminates coiled tubing intervention during screen-outs; PinPoint is an internally weighted self-orienting perforating gun with a triple-redundant grounding system; and FracSure Max combines plug, setting tool, and perforating gun into a single factory-to-field assembly. Products are manufactured in-house at a Mexico facility, with 275,000+ field deployments serving as a documented performance track record.

Repeat Precision operates a direct enterprise field-sales model with regional district and sales managers in Houston, Midland, Cheyenne, Pittsburgh, Austin, Dallas/Fort Worth, and Calgary, supported by technical personnel who hand-deliver products to well sites and provide on-location dispatch within four hours in major basins. Pricing is quote-based and not publicly disclosed; revenue is generated primarily through one-time hardware sales of frac plugs, perforating guns, setting tools, and integrated systems, with implicit recurring demand as operators run multi-stage completion programs. The company was founded in 2017 by W. Grant Martin, who continues to lead the business as President.

Name

Repeat Precision

Legal name

Repeat Precision LLC

Website

https://repeatprecision.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Repeat Precision is a US manufacturer of downhole completion tools — composite and dissolvable frac plugs, perforating guns, setting tools, and integrated plug-and-perf systems — serving major oil and gas operators across all major North American basins and Canada.

Ownership category

akta.pro rank

Product category

Oilfield Completion Tools

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

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

Keywords

• Downhole completion tools
• Frac plugs
• Perforating guns
• Plug-and-perf tools
• Oilfield equipment manufacturing

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Downhole Completion Tools Sales: Sale of proprietary frac plugs (PurpleSeal, PurpleReign), perforating guns (PurpleFire, PinPoint), setting tools (PurpleSet), and integrated tool systems (FracSure). Products are designed, manufactured, and delivered directly to oil and gas operators. Revenue is primarily one-time hardware sales with potential for recurring consumables as operators continue completions programs.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Repeat Precision designs, engineers, manufactures, and delivers proprietary downhole completion tools for oil and gas operators, including composite frac plugs (PurpleSeal, PurpleReign), perforating guns (PurpleFire, PinPoint), single-use setting tools (PurpleSet), and integrated tool packages (FracSure Express, FracSure Max). Products are built in-house at a Mexico manufacturing facility and sold directly to operators across all major North American basins.

Product overview

Repeat Precision is a downhole completion tools company serving oil and gas clients across North America. The company designs, engineers, manufactures, and delivers plug-and-perf tools including three core product lines: PurpleSeal frac plugs (composite frac plugs, StageSaver, bridge plugs, and dissolvable PurpleReign plugs), PurpleFire perforating guns (including PinPoint internally orienting guns), and PurpleSet setting tools (single-use disposable tools and Forcellant power charges). Repeat Precision also offers integrated tool packages — FracSure Express (frac plug + setting tool) and FracSure Max (frac plug + setting tool + perforating gun) — that combine multiple products pre-assembled for streamlined field deployment. Products are backed by in-house manufacturing with over 25 years of manufacturing experience and over 275,000 field deployments.

Differentiator

Problem solved

Functional benefit

Brands

• PurpleSeal: Product line of frac plugs including PS-C composite frac plug, StageSaver, and Composite Bridge Plug
• PurpleFire
• PurpleSet
• FracSure
• PurpleReign
• PurpleReign

Products and services

• PurpleSeal PS-C Composite Frac Plug
• PurpleSeal Composite Bridge Plug
• PurpleReign Dissolvable Frac Plug
• PurpleFire Perforating Gun
• PinPoint Internal Orienting Perforating Gun
• PurpleSet Single-Use Setting Tool
• Forcellant Power Charges
• FracSure Express
• FracSure Max
• PurpleSeal StageSaver Misrun Contingency Device

Quantifiable outcome

• 262 frac plugs drilled out in 154 hours with impeccable isolation in 15,672 ft lateral
• +4 more outcomes

Named customers16 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Taurex Drill BitsminorOthersCollaborative partner in multi-modal frac plug trial case study in Marcellus Basin. Taurex provided patented JZ completion bits for single-trip drill-out of 262 frac plugs. The partnership demonstrated successful integration of Taurex drill bits with Repeat Precision frac plugs for extended reach lateral operations.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• NCS Multistage Holdings: Direct peer and parent company providing multistage completion tools and sliding sleeve systems for unconventional wells. NCS offers a competing frac portfolio alongside Repeat Precision's plug-and-perf tools, and shares customer overlap with the same major NA E&P operators.
• Packers Plus Energy Services: Specialist in open-hole multi-stage fracturing systems including composite plugs and ball-drop completions. Packers Plus competes with Repeat Precision primarily in Canada (Calgary) and select US basins, offering alternative completion architectures in similar unconventional plays.
• Innovex International: Downhole solutions provider specializing in completion tools including frac plugs and flow-control products for unconventional wells. Innovex is a focused specialist peer competing in similar NA basins with comparable composite plug technology and operator customer profiles.
• Downhole Technology: Manufacturer of composite frac plugs, drillable bridge plugs, and setting tools for the North American oilfield. Direct specialist competitor with overlapping customer base; several Repeat Precision district managers previously held roles at Downhole Technology.

Broad incumbents

• Halliburton: Largest North American frac plug manufacturer through its Completion Tools portfolio (e.g., FlexSand, Quick Drill composite plugs). Halliburton serves the same major E&P operators with a broader completion services bundle, making it Repeat Precision's primary incumbent competitor.
• SLB (Schlumberger): Global OFS major offering composite frac plugs, setting tools, and integrated plug-and-perf systems as part of its Well Construction and Production segments. SLB competes across all of Repeat Precision's major basins with deeper R&D budgets and integrated digital offerings.
• Weatherford International: Established OFS company offering composite frac plugs, setting tools, and wellbore isolation products across North American unconventional plays. Weatherford's plug-and-perf portfolio competes head-to-head with PurpleSeal at mid-market and major operator accounts.
• Baker Hughes: Major OFS incumbent with composite frac plug and integrated completion tool offerings (e.g., thru-tubing and plug-and-perf systems). Competes directly with Repeat Precision at tier-one NA operators and has historical relationships with the same district manager talent pool.

Emerging players

• Forum Energy Technologies: Diversified OFS equipment manufacturer with a completion tools segment including frac plug and setting tool product lines. Forum competes selectively with Repeat Precision through its downhole product portfolio while also serving adjacent upstream equipment categories.

Regional players

• US Well Services: US-focused completion services provider operating electric frac fleets and sourcing downhole tools including frac plugs. While primarily a pressure pumping services peer, US Well Services is a regional buyer and channel partner for completion consumables in NA unconventional basins.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Repeat Precision