What BVM does

BVM Corporation is a privately held, US-based manufacturer of mechanical drilling handling tools for the onshore and offshore oil and gas industry, headquartered and produced at a single facility in Magnolia, Texas (relocated from Denver in January 2022). Its product portfolio spans elevators (side door, center latch, sucker rod, and slip-type in capacities from 20 to 750 tons), tubing and casing spider/elevators (250–750 tons, including clamshell designs), manual slips (rotary, casing, conductor pipe, drill collar), safety clamps (Types T, MP, C), manual tongs (25,000–100,000 ft-lb torque), elevator links and bails (work over, weldless/big-eye up to 1,000 tons, electro weld, extension), becket/drill collar dollies, and pneumatic kelly spinners. All products are made from heat-treated alloy steel, 100% load tested, magnetic particle inspected, and certified to API 8C and API 7K; the company also holds API Q1 and ISO quality management certifications. BVM serves drilling operators and contractors worldwide through a direct-sales model with quote-based pricing (no public price list), reaching customers via phone, email, and a corporate contact form, and markets primarily through trade shows such as the Offshore Technology Conference (OTC), downloadable product catalogs, and a corporate blog. The company has positioned itself in the heavier-load and larger-size segment of the market — tools required for deeper onshore wells and multi-string offshore operations — while continuing to offer smaller tools for onshore drilling and well workover. Its competitive identity rests on US domestic manufacturing, API regulatory certifications, customization flexibility, and a three-decade operating history, with no disclosed AI/ML, software, or data-driven products in the portfolio.

Name

BVM

Legal name

BVM Corporation

Website

https://bvmcorp.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

BVM Corporation is a privately held US manufacturer of API-certified drilling handling tools — elevators, spiders, slips, safety clamps, manual tongs, and links — built in Magnolia, Texas for onshore and offshore oil and gas drilling operators worldwide.

Ownership category

akta.pro rank

Product category

Oil and Gas Drilling Equipment Manufacturing

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

akta.pro secondary industry

Drill Tools, Bits & Downhole Equipment (IMAHAMAB)

Keywords

• Drilling handling tools
• Oil and gas equipment
• Rig tools
• Drilling elevators
• API certified drilling tools

Headquarters

HQ city

Magnolia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Drilling Handling Tool Sales: BVM generates revenue through one-time sales of drilling handling equipment including elevators, spiders, slips, tongs, and related tools. Products are sold directly to oil and gas drilling companies for use in onshore and offshore operations. The company offers customization and specialized configurations as part of its product offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

BVM manufactures drilling handling tools including elevators, spiders, slips, clamps, tongs, and related equipment for onshore and offshore oil and gas drilling operations. Products are made from alloy steel, heat treated, and certified to API 8C and API 7K specifications. The company produces its complete product line at its factory in Magnolia, Texas.

Product overview

BVM Corporation manufactures a comprehensive line of drilling handling tools for the oil and gas industry, with products designed for both onshore and offshore drilling operations. The product portfolio centers on mechanical lifting and gripping equipment including elevators (SLX, SX, TA, SR, LYT, MYT, YT, HYT, YC, MYC models) for handling tubing and casing, tubing spiders and casing spider/elevators (250-750 ton ratings), hinged casing spiders, manual slips (rotary, casing, conductor pipe, drill collar types), safety clamps (Type T, MP, C), and manual tongs (Type C, B, DB, AAX, H, SDD with torque ratings from 25,000 to 100,000 Ft/Lb). Supporting equipment includes elevator links/bails (work over, weldless/big-eye, electro weld/perfection, extension types), Becket/Drill Collar Dolly, and pneumatic Kelly Spinners. The company holds API 7K, API 8C, API Q1, and ISO certifications and produces all products at its Magnolia, Texas facility. BVM specializes in tools for larger sizes and heavier loads required for deeper drilling and multiple strings from single drill sites, while also offering smaller tools for onshore drilling and well reworking.

Differentiator

Problem solved

Functional benefit

Products and services

• SLX & SX Side Door 90° Elevator Side door elevators designed for square shoulder tubing and casing sizes 2-3/8" to 36" with load ratings from 100 to 750 tons. Features shielded safety latch with single-handle operation and automatic re-latching. For oil and gas drilling operations.
• TA Center Latch 90° Collar Type Elevator Center latch elevators for handling plain, upset tubing, drill collar, and casing with square shoulder. Sizes from 1.05" through 11 3/4" with capacities of 35, 65, 100, and 150 tons. Made from alloy steel, load tested and magnetic particle inspected. API 8C certified.
• SR Sucker Rod Type Elevator Sucker rod elevator handling rod sizes from 5/8" through 1 1/4" for workovers and well servicing operations. API rated capacity of 20 tons with spring-loaded latch. Made from alloy steel, heat treated.
• LYT Slip Type Elevator Slip type center latch elevator using 4 slips with reducing inserts for secure grip on tubing or pipe with minimum marking. 20-ton load rating, sizes from 3/4" to 2 1/16". Alloy steel construction, API 8C certified.
• MYT Slip Type Elevator Slip type center latch elevator with 4 slips and reducing inserts for secure grip on tubing or pipe. 40-ton load rating, sizes from 3/4" to 2 7/8". Alloy steel construction, API 8C certified.
• YT Slip Type Elevator Slip type center latch elevator with 4 slips and reducing inserts. 75-ton load rating, sizes from 1" to 3 1/2". Alloy steel construction, API 8C certified.
• HYT Slip Type Elevator Slip type center latch elevator with 4 slips and reducing inserts. 150-ton load rating, sizes from 2 3/8" to 3 1/2". Alloy steel construction, API 8C certified.
• YC & MYC Slip Type Elevator Slip type center latch elevators with 4 slips and reducing inserts. YC rated at 75 tons, MYC at 125 tons. Size range from 3 1/2" to 7". Alloy steel construction, API 8C certified.
• Tubing Spider Pneumatic/Manual Type C Manual/pneumatic tubing spiders with slips accommodating sizes from 1.315" to 5 1/2". Operated by remote foot valve. Available in 83 Ton and 125 Ton versions. Made from heat-treated alloy steel, proof load tested to 1.5x rating.
• Casing Spider/Elevator 350 Ton Pneumatically operated casing spider/elevator rated at 350 tons. Made from high-quality alloy steel in Magnolia, Texas. 100% load tested, MPI inspected, and API 8C certified. Clam-shell design with hinge pin removal for easy installation.
• Casing Spider/Elevator 750 Ton Pneumatically operated casing spider/elevator rated at 750 tons. Made from high-quality alloy steel in Magnolia, Texas. 100% load tested, MPI inspected, and API 8C certified. Clam-shell design for rapid string tripping.
• Casing Spider/Elevator 500 Ton Pneumatically operated casing spider/elevator rated at 500 tons. Made from high-quality alloy steel. 100% load tested, MPI inspected, and API 8C certified. Clam-shell design for rapid string tripping.
• Casing Spider/Elevator 250 Ton Casing spider/elevator available as manual or pneumatic, rated at 250 tons. Made from high-quality alloy steel. 100% load tested, MPI inspected, and API 8C certified. Clam-shell design.
• Hinged Casing Spider Hinged casing spiders for use where casing needs to run through a rotary table or where no rotary table is in place. Available in 200 ton or 250 ton ratings. Built from high-quality alloy steel with 3" per foot tapers for UC-3 or other 3" taper slips.
• SDS, SDML, and SDXL Rotary Slips Rotary slips for API standard insert bowls featuring superior wraparound configuration and unique insert design to prevent bottlenecking and gouging damage. Buttress design body segments provide strength while minimizing weight.
• CMSXL Casing Slips Lightweight, self-centering casing slips designed for tubing or casing from 5 1/2" through 36" OD. Available with 3" or 4" taper. Web type construction with alloy steel, heat treated and tested.
• UC-3 Casing Slips Casing slip with 3" taper providing full circumferential grip for handling casing string weights. Features single liner per segment with liner keeper assembly. UC-3 handles 9 5/8" to 42", UC-4 handles 7" to 8-5/8".
• CPS Conductor Pipe Slips 4" taper conductor pipe slips used on 24", 26", and 30" conductor pipe. Interchangeable with 4" CMSXL slip except for hinged spacer blocks.
• DCS Drill Collar Slip Type Drop-forged drill collar slips with extra-long back for maximum support to circular button gripping elements. Full wraparound design and circular buttons for positive holding and slip setting. Flat top to accommodate MP Clamp.
• Type T Safety Clamp Tubing safety clamp for rig floor use to guard against dropping flush joint pipe, drill collars, fishing tools, and wash pipe. Features spring-loaded individual links and tapered inserts for uniform gripping action.
• Type MP Safety Clamp Safety clamp designed to secure flush tubular products during installation. Acts as last resort when tubular slips through slips, adding extra push-down force. Designed and manufactured according to API Spec 7K.
• Type C Safety Clamp Safety clamp for rig floor use to guard against dropping flush joint pipe, drill collars, and fishing tools. Features tapered gripping action with individual spring-loaded links. Can be used upside down with hold-down ears for cementing operations.
• Type C Manual Tong 35,000 Ft/Lb Manual tong covering drill pipe or casing sizes from 2 3/8" through 10 3/4" OD. Rugged latch design with optional 30 7/8" lever. Made from alloy steel, heat treated, load tested, and magnetic particle inspected.
• Type B Manual Tong 55,000 Ft/Lb Popular manual tong known for toughness and durability. Covers sizes from 3 1/2" through 13 3/8" OD. Available with 36" or 48" lever. Made from alloy steel, heat treated, and magnetic particle inspected.
• Type B Casing Tong 25,000 Ft/Lb Casing tong head designed to handle casing sizes from 13 3/8" through 30". Made from alloy steel, heat treated, magnetic particle inspected with 25,000 Ft/Lbs torque rating.
• Type DB Casing Tong 65,000 Ft/Lb Manual tong covering drill pipe or casing sizes from 3 1/2" through 17" OD with excellent durability. Made from alloy steel, heat treated, and magnetic particle inspected.
• Type AAX Tong 55,000 Ft/Lb Manual tong (Web Wilson type) for oil drilling operations to fasten or remove screws of drill pipe and casing joint or coupling. Adjustable by changing latch lug jaws.
• Type H Casing Tong 80,000 Ft/Lb Manual tong (Web Wilson type) ideal for light drilling and tubing work. 3-jaw design for uniform contact around pipe. Jaw sizes range from 3-1/2" through 13-3/8" OD. Made from alloy steel, heat treated.
• Type SDD Casing Tong 100,000 Ft/Lb Casing tong covering drill pipe or casing sizes from 4" through 17" OD. Rugged design allowing greater torque when needed. Made from alloy steel, heat treated, magnetic particle inspected, and API 7K compliant.
• Work Over Links API-monogrammed work over links rated to 150 tons, available in lengths 36" to 120". Forged from single piece of high-grade alloy steel. Certified, magnetic particle inspected, and 1.5x load tested.
• Weldless Links (Big-Eye) Weldless link connecting block hook and elevator to allow tubing or casing to rotate horizontally. API-monogrammed with ratings of 200, 250, 350, 500, 750, or 1000 tons. Forged from single piece of high-grade alloy steel.
• Electro Weld (Perfection) Links API-monogrammed electro weld links rated to 20 to 100 tons, available in lengths 18" to 84". Made from high-grade alloy steel with volumetric testing, magnetic particle inspection, and 1.5x load testing.
• Extension Links Extension links connecting to standard links to eliminate removal for extra-long configurations, reducing downtime. Rated to 350 tons with lengths of 72", 96", 120", or 144". Forged in USA from high-quality alloy steel.
• Becket / Drill Collar Dolly Lift Becket and Perfection Links combination that reduces handling time when combined with BVM drill collar elevator. Connected to regular drill pipe elevator for pulling drill collar.
• Kelly Spinner - Pneumatic Pneumatic kelly spinner allowing pipe to be spun on or off the connection without dangerous spinning chains.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• SLB (Schlumberger): SLB is the world's largest oilfield services company with offerings spanning drilling equipment, drilling tools, and integrated services. It overlaps with BVM in drilling handling tools as part of a much broader portfolio that includes drilling fluids, completions, digital, and production services.
• TechnipFMC: TechnipFMC is a large oilfield equipment and services provider with surface and subsea product offerings that overlap with BVM's drilling handling tools. It is a broad incumbent serving similar oil & gas customers but focused more on wellhead systems, subsea, and integrated project execution than standalone handling tools.
• Weatherford International: Weatherford manufactures drilling equipment, downhole tools, and production hardware for the oil and gas industry. It is a broad incumbent with products adjacent to BVM's handling tools, including drilling tools, wellhead equipment, and artificial lift systems serving the same operator and contractor customers.

Emerging players

• BICO Drilling Tools: BICO Drilling Tools is a smaller manufacturer of drilling tools and handling equipment. It competes with BVM in API-spec handling tools at similar scale and represents an emerging or niche peer in the same product category.

Direct peers

• Woolslayer Companies: Woolslayer Companies manufactures oilfield handling equipment including elevators, spiders, slips, and related drilling tools. It is a direct peer competing with BVM in API-spec handling tools for both onshore and offshore drilling, with similar product breadth and a comparable scale.
• National Oilwell Varco (NOV): NOV's Varco product line is the dominant global manufacturer of drilling handling tools including elevators, spiders, slips, and tongs. It is the most direct competitor to BVM in the API-spec drilling tool market, though at vastly larger scale and with a broader portfolio including rigs and integrated drilling systems.
• Forum Energy Technologies: Forum Energy Technologies manufactures drilling and subsea equipment including handling tools, downhole tools, and capital equipment for oilfield operators. It is a direct peer in drilling handling equipment with similar API-certified product lines, though with a much larger and more diversified portfolio.
• Drilling Tools International: Drilling Tools International manufactures downhole drilling tools and surface handling equipment for the oil and gas industry. It is a direct peer offering similar API-certified drilling tools and competes in the same end markets as BVM, though it is more focused on downhole tools.
• Eckel Manufacturing: Eckel Manufacturing is a privately held manufacturer of oilfield handling tools including elevators, spiders, slips, and tongs. It is a direct peer to BVM at similar scale, serving the same onshore and offshore drilling customers with API-spec equipment from a US manufacturing base.

Regional players

• Downing Wellhead Equipment: Downing Wellhead Equipment manufactures wellhead and drilling handling equipment for the oil and gas industry. It is a regional US-based peer overlapping with BVM in handling and wellhead-adjacent tools, serving similar North American drilling customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/bvmcorporation
• LinkedInlinkedin.com/company/bvm-corporation-denver

Compliance3 records

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 BVM