What Rigs, Derricks, Etc does

Rigs, Derricks, Etc., LLC. (RDE) is a privately held Houston-based manufacturer of oilfield capital equipment and custom steel fabrication serving operators and service companies domestically and internationally. The company operates three product divisions: the main RDE line builds snubbing/hydraulic workover units (in 150K, 225K, 340K, and 460K capacity ratings), power packs, casing jacks, motor pump skids, wireline units, mini coiled tubing units, rotary tables (15K and 22K halo designs), and offers AWS D1.1-certified fabrication services from a 7.8-acre Houston facility with 30-ton lifting capacity. Pena Manufacturing Company, a wholly owned subsidiary, produces a line of breakout/bucking units and torque machines (FT-40, FT-80, EZ-200, ST-22) along with the G-150 jar tester and worldwide calibration, service, and parts. Pedcor, also wholly owned, designs and manufactures coiled tubing downhole tools and wellhead equipment, including patented SAFESET coiled tubing hangers (U.S. Patents 5,515,925 and 5,515,926), motor head assemblies, slip/dimple/roll-on/internal connectors, check valves, knuckle joints, fishing tools, and gas lift mandrels, with all tools rated for 10,000+ PSI working pressure and H2S service.

RDE runs a direct enterprise field-sales motion: quotes are issued on request via phone and email, with field installation, service, and worldwide calibration support. Revenue comes from one-time sales of custom-engineered rigs and torque equipment, sales of Pedcor downhole tools and accessories, and recurring calibration/service/spare-parts work. Several of these offerings carry premium price points (a recertified choke manifold is listed at $85,000; snubbing and hydraulic workover units in higher capacity ratings are six- to seven-figure capital purchases), alongside lower-ticket items such as refurbished tubing tongs ($10,500) and spiral drill collars ($2,000 each). The customer base named in source materials includes Halliburton, Transocean, Weatherford, Mammoet, Drillmec, Canrig, and Safe Tanks, consistent with a small specialty supplier embedded in the oil and gas value chain as a niche fabricator and tool maker. RDE is bootstrapped with no disclosed institutional funding rounds, with the operating entity organized as a Texas LLC and two core operating subsidiaries.

Name

Rigs, Derricks, Etc

Legal name

Rigs, Derricks, Etc., LLC.

Website

https://rigs-usa.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Rigs, Derricks, Etc. is a privately held Houston-based manufacturer and custom fabricator of oilfield capital equipment, including snubbing units, coiled tubing tools (including patented SAFESET hangers), torque machines, and well intervention accessories, selling to oil and gas operators and service companies worldwide.

Ownership category

akta.pro rank

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Manufacturing and Sales: One-time sales of oilfield equipment including snubbing units, hydraulic workover rigs, rotary tables, power packs, casing jacks, motor pump skids, wireline units, coiled tubing units, and surplus equipment. Equipment sold in various sizes and configurations to meet customer specifications.
2. Custom Fabrication Services: Precision metal fabrication services including tanks, skids, frames, and custom projects. Steel fabrication, welding, and machining services for oilfield equipment. AWS D1.1 Certified welding with PQR and Weld Procedures.
3. Coiled Tubing Tools and Accessories: Sales of Pedcor division products including downhole tools, wellhead equipment, connectors, valves, hangers, and fishing tools for coiled tubing operations. All tools pressure rated at 10,000+ PSI working pressures.
4. Calibration, Service, and Parts: Scheduled calibration services for breakout/bucking machines worldwide. Calibration certificates issued free of charge. Servicing and spare parts for torque machines. Parts include slip rings, seal kits, hydraulic cylinders, non-marking jaws, tong dies, bearings, and replacement components.
5. Jar Testing Equipment: Pena Jar Tester (G-150) for setting, checking, and testing pull loads of tools up to 12 inch outer diameter. Max pull 206,000 LBS at 3,000 PSI; Max push 235,000 LBS at 3,000 PSI.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Rigs, Derricks, Etc., LLC is a Houston-based oilfield equipment manufacturer and custom fabricator serving the global oil and gas industry. Through its three divisions — RDE, Pena Manufacturing, and Pedcor — the company designs, manufactures, and services snubbing/hydraulic workover units, coiled tubing tools and wellhead equipment, bucking/torque machines, and custom steel fabrication projects. It also sells surplus and recertified oilfield equipment such as BOPs, choke manifolds, drill collars, and tubing tongs.

Product overview

Rigs, Derricks, Etc., LLC is a diversified oilfield equipment manufacturer operating three distinct divisions across the drilling and workover sector. The main RDE division manufactures snubbing/hydraulic workover units (in four capacity ratings from 150K to 460K), power packs, casing jacks, motor pump skids, wireline units, mini coiled tubing units, rotary tables, and provides custom steel fabrication/machining services. Pena Manufacturing, a subsidiary, specializes in bucking/breakout/torque machines (FT-40, FT-80, EZ-200, ST-22) and jar testers with worldwide calibration and parts services. Pedcor, another subsidiary, designs and manufactures coiled tubing downhole tools and wellhead equipment including motor head assemblies, connectors, check valves, knuckle joints, hydraulic disconnects, tubing hangers (including the patented SAFESET series), fishing tools, gas lift equipment, and installation windows. The company also sells surplus/recertified oilfield equipment. All products are available in standard and custom sizes, with a focus on H2S service ratings and 10,000+ PSI working pressures.

Differentiator

Problem solved

Functional benefit

Products and services

• Snubbing / Hydraulic Workover Unit Lightweight compact hydraulic workover rig in four sizes (150K, 225K, 340K, 460K) for completion of new wells or re-work of existing wells, onshore or offshore.
• Casing Jack Customized casing jack lifting 200,000 to 2,000,000 lbs using 2-leg or 4-leg cylinders with remote control stand and stroke sizes from 2 ft to 8 ft.
• Motor Pump Skid Hydraulic pumping unit with Demay Triplex Pump HD-500 and Detroit Diesel power with Allison Transmission; fluid end rated 20,000 PSI maximum pressure.
• Power Packs Skid-mounted hydraulic power packs with protection frames, customizable with Caterpillar, Detroit, or Volvo diesel engines; 397 GPM hydraulic circuit with 550-gallon reservoir.
• Wireline Unit Single-reel split-skid wireline unit with power up to 79 hp, designed to run wireline tools on 20,000 to 25,000 ft of 0.092 in. or 0.108 in. line.
• Mini Coiled Tubing Unit Single skid unit with injector and reel supporting 2,500 ft of coiled tubing for surface cementing, casing washing, and retainer setting.
• Rotary Tables Two size rotary tables (22K and 15K) with halo design enabling clockwise and counterclockwise rotation; 22K model delivers 22,000 ft-lbs maximum torque and 11.06 inch ID.
• Fabrication & Machining Services Full-service precision steel fabrication and machining on a 7.8-acre Houston facility with 30-ton lift capacity and AWS D1.1 certified welding with PQR and Weld Procedures.
• Faz-Torque 40 (FT-40) Bucking/Breakout Unit Continually rotating bucking/breakout unit with 35,000 FTLBS torque capacity for makeup or breakout of threaded connections on downhole tools.
• Faz-Torque 80 (FT-80) Bucking/Breakout Unit Two-speed (12 RPM / 6 RPM) bucking/breakout unit with 75,000 FTLBS torque capacity handling 2-3/8 in. to 12-3/4 in. diameter connections.
• EZ-Torque 200 (EZ-200) Bucking Unit Six-cylinder synchronized self-centering bucking unit with 160,000/200,000 FTLBS torque capacity handling 3-1/2 in. to 14 in. diameter connections.
• Star Torque (ST-22) Torque Machine Continuously rotating torque machine with 100,000 FTLBS torque capacity for fast makeup and breakout of connections from 2-3/8 in. to 22 in. diameter.
• Jar Tester (G-150) Machine to set, check, and test pull loads of tools up to 12 in. outer diameter; 206,000 LBS max pull and 235,000 LBS max push at 3,000 PSI.
• Breakout Unit Accessories Accessories for breakout units including jack stands/hydraulic support rollers, hydraulic pipe spinner, push/pull cylinder, follow rest, and torque computer mounted on console.
• Calibration, Service & Parts Worldwide scheduled calibration for any make or model of breakout or bucking machine with free certificates, and spare parts including slip rings, seal kits, hydraulic cylinders, non-marking jaws, tong dies, and bearings.
• Motor Head Assembly (MHA) Pressure-balanced, torque-transmitting assembly connecting downhole motors to coiled tubing, featuring dual flapper valve, hydraulic disconnect, and circulating valve.
• Standard SAFESET Coiled Tubing Hanger Series 10-2630 SAFESET coiled tubing hanger with integral slip/seal assembly; allows positive control of slip/seal assembly and re-setting without pulling tubing; Patent No. 5,515,925.
• Large Bore SAFESET Coiled Tubing Hanger Series 10-2700 to 10-3200 large bore SAFESET hanger with integral slip/seal assembly, threaded or flanged connections, standard or H2S service; Patent 5,515,926.
• SAFESET Hanger BOP System Series 10-6500 large bore SAFESET hanger/BOP with integral slip assembly and seal assembly, independent slip/seal activation, ability to run large tools, and emergency shut-down system to hang, seal or cut coiled tubing.
• Standard Hanger Series 10-2200 mandrel type hanger for running 1-1/4 in. jointed tubing; available in 5,000 PSI or 10,000 PSI working pressure for standard or sour service.

Quantifiable outcome

• Multiple equipment sizes available for different capacity requirements - 460K, 340K, 225K, and 150K snubbing units
• +3 more outcomes

Named customers7 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

Feature7 records

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Key Energy Services: Provider of rig-based and hydraulic workover services, fluid management, and well intervention. Comparable as a peer in the HWO / snubbing intervention equipment and services market that RDE supplies.
• Cudd Energy Services: Specialized coiled tubing, well stimulation, and well intervention services provider. Comparable as a customer/peer in coiled tubing operations, an end market for Pedcor's downhole tools and hangers.
• McCoy Global: Manufacturer of tubular make-up and torque equipment for the oil and gas industry. Directly comparable to Pena Manufacturing's bucking and torque machine product line and global service/calibration offering.
• Cactus Wellhead: Manufacturer of wellhead equipment and pressure control products for upstream oil and gas. Comparable as a peer in the wellhead and surface equipment category that RDE's Pedcor division serves.
• Innovex International: Designer and manufacturer of downhole tools and coiled tubing deployment products. Comparable to Pedcor's coiled tubing downhole tool portfolio and engineered intervention solutions.
• Forum Energy Technologies: Diversified oilfield equipment manufacturer serving drilling, intervention, and production with surface and downhole products. Most directly comparable as a multi-division, Houston-based oilfield equipment OEM with overlapping snubbing, coiled tubing, and wellhead product lines.
• Pillar Energy Services: Provider of completion, intervention, and workover services with snubbing and coiled tubing capabilities. Comparable as a peer operating in the same well intervention equipment and services market.

Broad incumbents

• National Oilwell Varco (NOV): Largest global oilfield equipment manufacturer with broad drilling, intervention, and production portfolios. Comparable as a broad incumbent offering surface equipment, coiled tubing tools, and wellhead products across RDE's full workflow.
• Weir Oil & Gas: Global provider of pressure pumping, wellhead, and intervention equipment and services. Comparable as a broad incumbent serving the same oilfield equipment markets with wider geographic reach and portfolio.

Emerging players

• NCS Multistage Holdings: Provider of engineered products and services for oil and gas well completions, including coiled tubing-deployed tools. Comparable as a smaller, focused player in coiled tubing tools overlapping with Pedcor's downhole products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/rigsderricks
• LinkedInlinkedin.com/company/rigs-derricks-etc-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 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 Rigs, Derricks, Etc