What Integrated Energy Companies does

Integrated Energy Companies (IEC) is a privately-held Salt Lake City-based holding company that operates a portfolio of energy service subsidiaries serving oil and gas exploration and production operations throughout the Mountain West. The portfolio is organized into three segments: Oil Field Services (Peak Well Services for workover rigs, well optimization, and plug and abandonment; IEC Services for hot oiler operations delivering 56–1,800 lpm at pressures up to 10,000 psi; and Integrated Water Management); Logistics and Marketing (Summit Energy for natural gas marketing with average daily sales of 37,000,000 dth, and Pinnacle Energy Marketing for crude oil logistics); and Consulting (Summit Insight for utility bill auditing and tariff optimization, Summit Power Systems for micro energy production, and Advisor Labs for AI, custom software, and business automation consulting).

The underlying technology is asset-heavy and operationally specialized: a maintained fleet of workover rigs with dedicated crews, high-pressure hot oiler units, cast-iron bridge plug and cement retainer systems for P&A operations, and digital/AI consulting services delivered by Advisor Labs using custom LLMs and OpenAI model customization. The company does not appear to operate proprietary software platforms or patented technology beyond the equipment fleet and service know-how.

IEC generates revenue through professional services fees on field work (rig operations, hot oiler jobs, P&A), transaction-based margins on natural gas and crude oil marketing, contingency fees on utility cost recovery engagements, and consulting fees on AI and digital transformation projects. Customers are primarily oil and gas E&P operators in Utah's Uinta Basin and across the Western United States, supplemented by commercial, industrial, and municipal clients served by Summit Insight and Advisor Labs. The company employs 51–100 people, was founded in 2014, and is led by CEO Curtis Chisholm and COO Richard Finlayson.

Name

Integrated Energy Companies

Legal name

Integrated Energy Companies

Website

https://ie-cos.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

51–100 employees

Short description

Integrated Energy Companies is a privately-held Salt Lake City holding company operating eight oil and gas service subsidiaries, providing field services, commodity marketing, and consulting to E&P operators throughout the Mountain West.

Ownership category

akta.pro rank

Product category

Oil and Gas Field Services

SIC

Oil & Gas Field Exploration Services (1382), Gas & Other Services Combined (4932)

akta.pro primary industry

Oil & Gas Facilities Asset Management (Refining/Terminals/LNG) (EUAEAMAG)

Keywords

• Oil field services
• Well servicing workover
• Natural gas marketing
• Crude oil logistics
• Energy consulting

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Well Servicing & Workover Services: Peak Well Services provides workover and well servicing throughout Utah's Uinta Basin, including well optimization, repairs, and plug & abandonment services. Revenue generated through service fees for rig operations, crew labor, and specialized downhole equipment services.
2. Hot Oiler Services: IEC Services provides hot oiler operations for paraffin control, pressure testing, fluid pumping, and well bore treatments. Services are billed based on job scope including pumping rates, temperature requirements, and pressure capabilities delivered.
3. Natural Gas Marketing & Trading: Summit Energy handles natural gas from wellhead to burner tip, providing sales, logistics, asset management, risk management, and trading & optimization services. Average daily sales of 37,000,000 dth. Revenue derived from transaction fees and margin on natural gas trading.
4. Crude Oil Marketing & Logistics: Pinnacle Energy Marketing handles crude oil logistics from wellhead to buyer, providing marketing, distribution, transportation, risk management, and trading services for crude oil producers and buyers.
5. Utility Cost Reduction Consulting: Summit Insight provides utility data analytics, bill auditing, tariff optimization, and consulting services. Revenue model based on contingency fees - a percentage of savings and refunds achieved for clients.
6. AI & Digital Transformation Consulting: Advisor Labs provides custom software development, business automation, and AI implementation services for mid-market and enterprise businesses. Revenue generated through professional services engagements.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Integrated Energy Companies is a privately-held portfolio of energy service companies providing oil and gas exploration and production support services throughout the Mountain West region. The portfolio spans field services (workover rigs, well optimization, plug & abandonment, hot oiler operations), energy commodity marketing (natural gas and crude oil logistics from wellhead to end user), utility cost-reduction consulting, onsite power generation, water management, and AI/digital transformation consulting.

Product overview

Integrated Energy Companies is a portfolio of oil and gas service companies serving the Mountain West region. The company operates two main divisions: Consulting and Logistics + Marketing (Summit Energy, Pinnacle Energy Marketing) and Oil Field Services (Peak Well Services, IEC Services). Consulting includes Summit Insight for utility cost reduction, Summit Power Systems for micro energy production, and Advisor Labs for AI/digital transformation services. The logistics and marketing division handles natural gas and crude oil from wellhead to end user. Oil field services provide workover rigs, well optimization, plug and abandonment, and hot oiler services for well servicing operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Summit Insight Utility cost reduction consulting service that analyzes billing components, historical data, and tariff information to identify errors, overcharges, and efficiencies, recovering mis-billed funds and optimizing cost-effective energy sources for commercial, industrial, municipal, and multi-family property clients.
• Summit Power Systems Micro energy production solutions portfolio including solar, CHP/Co-Gen, smart energy management, battery storage systems, LED lighting, and fuel cells for onsite power generation with ROI-focused energy diversification.
• Advisor Labs AI consulting and digital transformation services offering custom software development, business automation, and AI implementation including OpenAI model customization and custom LLM generation for mid-market and enterprise businesses.
• Summit Energy Natural gas marketing and logistics service covering wellhead to burner tip supply chain, including producer solutions, asset management, risk management, and trading/optimization with average daily sales of 37,000,000 dth.
• Pinnacle Energy Marketing Crude oil marketing and logistics service handling crude oil logistics from wellhead to buyer, providing transportation, risk management, and trading/optimization strategies for producers and refineries in the Mountain West.
• Peak Well Services Workover rigs and well servicing operations in Utah's Uinta Basin, offering well optimization, repairs, and plug & abandonment (P&A) services using cast-iron bridge plugs and cement retainers.
• IEC Services (Hot Oilers) Hot oiler unit services for well servicing operations that pump fluids under high pressure and high heat to clean wax, paraffins, and scaling from wells, with rates from 56 to 1,800 lpm and pressure capabilities up to 10,000 psi.

Quantifiable outcome

• Hot oiler unit delivers 56 to 1,800 lpm with temperature up to 100 degrees and pressure up to 10,000psi
• +5 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature3 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Baker Hughes: Baker Hughes provides oilfield services, turbomachinery, and digital solutions globally. Its oilfield services segment and digital/AI offerings are broad-incumbent parallels to IEC's field services and Advisor Labs businesses.
• Halliburton: Halliburton is the largest diversified oilfield services company globally, offering workover, completion, and production services overlapping with IEC's portfolio. Its scale and breadth position it as a broad incumbent peer rather than a direct niche competitor.
• Schlumberger (SLB): SLB is the world's largest oilfield services company with capabilities across drilling, completions, production, and digital solutions. Its production services and digital/AI segments overlap with IEC's field services and Advisor Labs AI consulting.

Direct peers

• Liberty Energy: Liberty Energy provides hydraulic fracturing, wireline, and well completion services to US E&P operators. Its scale and operating model in pressure pumping and well services make it a directly comparable field services peer.
• C&J Energy Services: C&J Energy Services provides well construction, completions, and wellsite services across major US basins. Its workover and pressure pumping capabilities overlap with Peak Well Services' rig-based service offering.
• Key Energy Services: Key Energy Services operates the largest U.S. land-based well servicing fleet, including workover rigs and hot oilers comparable to Peak Well Services and IEC Services. It is the closest direct comp for IEC's upstream field services franchise.
• ProPetro Holding: ProPetro is a Permian-focused oilfield services company providing well services, completions, and related offerings. Its services portfolio and customer base of E&P operators overlap directly with IEC's field services and energy marketing model.
• Basic Energy Services: Basic Energy Services provides well servicing, workover, plug & abandonment, and fluid logistics across major US basins including the Rockies/Uinta area, directly comparable to Peak Well Services and IEC Services' core offerings.
• Solaris Oilfield Infrastructure: Solaris provides mobile wellsite infrastructure, including sand silos and chemicals, to US E&P operators. While narrower than IEC, its US-focused upstream services business model and customer base are directly comparable.

Emerging players

• NGL Energy Partners: NGL Energy Partners operates midstream logistics for crude oil, natural gas liquids, and refined products. Its crude oil logistics and marketing segments overlap with Pinnacle Energy Marketing's wellhead-to-buyer services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries8 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 Integrated Energy Companies