What The Rig Shop does

The Rig Shop Ltd. is a privately held Canadian oilfield fabrication company founded in 1987 and headquartered in Edmonton, Alberta. The company specializes in the custom manufacture of all types and sizes of onshore drilling equipment using both conventional and coil tubing technologies. Its product portfolio includes complete rig packages (TRS101 through TRS105 and 750KIP Triple), individual centerpieces, masts, substructures, mudtanks, catwalks, pipetubs, BOP handling systems, frac manifolds, degassers, and out buildings, all produced under API Q1-6701 quality management and certified to API 4F, 8C, and 7K monogram standards as well as CWB CSA W47.1 Division 2 for fusion welding. Engineering services include 3D CAD design, structural analysis, certification and recertification, and on-site pull testing up to 600,000 lbs of static load. Production is supported by a 74,000+ sq. ft. footprint across three Edmonton locations, including a 62,000 sq. ft. main fabrication facility, a 12,000 sq. ft. mast shop, an in-house machine shop, material prep shop, overhead cranes (6-15 ton, 8-10 ton, and 1-5 ton), and outdoor assembly and function testing areas.

The company operates a direct enterprise field-sales model in which customers contact the sales team directly through the website, phone, fax, or email to discuss custom equipment requirements and receive quote-based pricing. Revenue is generated primarily through one-time custom hardware sales of large capital drilling equipment, supplemented by engineering and certification services. Customers include oil and gas drilling operators and oilfield service companies such as Savanna Drilling, Eurasia Drilling Company, High Arctic, Trailblazer Rigs, Chinook, Nordic Callista, Fox Rig, and Terra Core, with operations concentrated in North America and select international markets. The company has no public listing, no disclosed funding rounds, no subsidiaries, and no M&A activity; ownership is private and undisclosed.

Marketing channels are minimal and digital-light, relying primarily on the company website (featuring video gallery, photo gallery, spec sheet catalogue, and products-in-stock pages), direct customer outreach, and the visibility provided by API and CWB certifications. The company does not operate APIs, SDKs, software products, or mobile applications. After-sales service, recertification, and field services are positioned as core differentiators alongside attention to manufacturing detail and the ability to handle large complex orders while maintaining optimal build sequences for timely delivery.

Name

The Rig Shop

Legal name

The Rig Shop Ltd.

Website

https://rigshop.ca

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

51–100 employees

Short description

The Rig Shop Ltd. is a privately held Canadian oilfield fabrication company founded in 1987 and headquartered in Edmonton, Alberta, that custom-manufactures onshore drilling rigs, masts, substructures, centerpieces, and related equipment under API and CWB certifications for oil and gas drilling operators and service companies.

Ownership category

akta.pro rank

Product category

Oilfield 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

Drilling Rigs & Drill Systems (IMAHAMAA)

akta.pro secondary industries

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Steelwork & Fabrication Facilities (Plate/Section Processing, Welding Lines) (IMAJALAH)

Keywords

• Oilfield drilling equipment
• Onshore drilling rigs
• Oilfield fabrication services
• Drilling rig manufacturing
• API certified equipment

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Oilfield Drilling Equipment Manufacturing: Custom manufacture of onshore drilling equipment using both conventional and coil tubing technologies. Products include masts, substructures, centerpieces, rig packages, and complete drilling rigs. Revenue is generated through one-time equipment sales with custom fabrication based on customer specifications.
2. Engineering and Certification Services: Engineering services including design review, drafting services, structural testing, certification/recertification services for drilling and service rigs, pad eye/lifting points pull testing, and field repair assessments.
3. Custom Metal Fabrication: Custom metal fabrication services for oilfield equipment including pipe handling solutions, BOP handling systems, mud systems, out buildings, and specialized support stands for fracking manifolds.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

The Rig Shop Ltd. manufactures custom onshore drilling equipment including masts, substructures, centerpieces, complete rig packages (TRS101, TRS102, TRS103, TRS105, 750KIP Triple), mud systems, catwalks, BOP handling systems, and frac manifolds using both conventional and coil tubing technologies. The company also provides engineering services such as design, 3D CAD, structural analysis, certification/recertification, and pull testing up to 600,000 lbs static load. All manufacturing follows API Q1 quality control at their Edmonton, Alberta facility with over 74,000 sq. ft. of shop space.

Product overview

The Rig Shop is a Canadian oilfield fabrication company (established 1987) specializing in the manufacture of all types and sizes of onshore drilling equipment using both conventional and coil tubing technologies. The company operates as a manufacturer and service provider offering a portfolio of rig packages (TRS101, TRS102, TRS103, TRS105, 750KIP Triple) and individual components including centerpieces (TRS101-105, RAH4513, RAH5009), masts, substructures, mudtanks, catwalks, pipetubs, BOP handling systems, frac manifolds, and degassers. Supporting services include oilfield fabrication, custom metal fabrication, and engineering services (3D CAD, structural analysis, pull testing to 600,000 lbs). All products are manufactured under API Q1 certified quality control systems at their Edmonton, Alberta facility.

Differentiator

Problem solved

Functional benefit

Products and services

• TRS Series Complete Rig Packages (TRS101, TRS102, TRS103, TRS105, 750KIP Triple) Complete drilling rig packages featuring centerpieces, combo trailers, mudtank trailers, pump trailers, and WTDH trailer components for onshore drilling operations across various capacities (medium to high-capacity, including a 750,000 lb hook load triple). Designed for oil and gas companies operating onshore drilling rigs.
• Centerpieces (TRS101-105, RAH4513, RAH5009) Core drilling rig components featuring hydraulic leveling, telescopic stabilizers, adjustable drill floor heights, integrated workover capabilities, and various configurations including Hodgson RAH series centerpieces. Designed for drilling rig manufacturers and oilfield operators.
• Hodgson RAH 4814 – 600,000 lb SHL Triple Complete Rig Complete in-stock drilling rig featuring a 142 ft cantilever triple mast with 600,000 lb maximum static hook load and a self-elevating substructure with 750,000 lb casing capacity. Designed for onshore drilling operations requiring heavy-duty rig packages.
• Mud Systems and Mudtanks Complete mud tank systems and mudtank complexes featuring mud hoppers, mixing tables with exhaust fans, steam heaters, mud skimmers, clean-out mudgates, hand-operated bridge valves, safety grating, hydraulically operated self-elevating roof systems, and fold-out walkways with handrails. Designed for drilling fluid management in onshore drilling operations.
• TRS 501 Watertank Doghouse Watertank doghouse with rear floor space expansion pullout, 18,560 gal water capacity, 294 ft2 tool room, and raised doghouse floor height of 12-18 ft with customizable layouts. Designed for drilling rig operators requiring integrated watertank and toolhouse functionality.
• Open-Bottom Catwalk Open-bottom catwalk system featuring leveling jackpads, control room, pipe racks, and a mounted V door designed for 14 ft high drill floors. Designed for pipe handling on drilling rigs.
• Catwalks and Pipetubs Pipe handling solutions including a range of catwalks, pipetubs, and customized handling equipment designed for customer-specific needs. Designed for drilling rig operators requiring efficient pipe handling systems.
• BOP Handling Systems BOP (blowout preventer) handling systems and transport systems for managing blowout preventers in drilling operations. Designed for oilfield service companies and drilling operators requiring safe and efficient BOP handling.
• Degassers Open-bottom (poor boy) degassers designed for gas removal from drilling fluid systems. Designed for drilling operations requiring effective mud gas separation.
• Out Buildings Custom outbuildings including combination units, watertank/toolhouse/doghouse units, generator/electrical buildings, and boiler skids. Designed for drilling rig operators requiring auxiliary support structures.
• Frac Manifolds Specialized support stands for fracking manifolds and associated piping. Designed for oilfield service companies operating hydraulic fracturing operations.
• Engineering Services Oilfield engineering and drafting services including design development, 3D CAD modeling, structural analysis (linear and nonlinear material stress, frequency analysis, fatigue/failure mode), certification/recertification services, and pull testing up to 600,000 lbs static load. Designed for drilling rig manufacturers, oilfield operators, and service companies requiring engineering support.
• Oilfield Fabrication and Custom Metal Fabrication Services Comprehensive oilfield fabrication services including pipe handling solutions, BOP handling systems, mud systems, out buildings, frac manifolds, and custom metal fabrication for specialized support stands, manifolds, and other customer-specific components. Manufactured under API Q1 quality control at the Edmonton, Alberta facility. Designed for oilfield operators and service companies.

Quantifiable outcome

• Capacity to test drilling rigs up to 600,000 lbs of static load
• +1 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• National Oilwell Varco (NOV): Global leader in drilling equipment manufacturing (masts, substructures, rig packages) with an extensive portfolio spanning both onshore and offshore. Comparable to The Rig Shop as a benchmark for the drilling rig OEM business model, but operates at vastly greater scale and scope.
• Forum Energy Technologies: Broad oilfield equipment manufacturer and service provider with products spanning drilling, completions, and production. Directly overlaps with The Rig Shop on drilling rig components and rig packages but serves a much wider equipment portfolio across multiple geographies.

Direct peers

• Drilling Tools International: Houston-based drilling equipment manufacturer producing downhole tools, rig components, and surface equipment for onshore drilling operators. Most directly comparable to The Rig Shop in terms of customer base (drilling contractors) and product focus on drilling rig hardware.
• Enerflex Ltd. Canadian-headquartered energy infrastructure and equipment manufacturer serving oil and gas operators with fabrication, processing, and compression equipment. Comparable to The Rig Shop as a Canadian industrial fabricator with API certifications serving North American upstream customers.
• KLX Energy Services: U.S. oilfield equipment and services provider with products and rental tools across drilling and completions. Comparable to The Rig Shop through its drilling rig component manufacturing and custom fabrication for U.S. onshore operators.
• Ironhand Industries: North American custom fabrication and oilfield equipment manufacturer producing drilling rig components and structural assemblies. Comparable to The Rig Shop as a smaller-scope oilfield fabricator with custom engineering and rig component manufacturing offerings.

Others

• Pason Systems: Calgary-based oilfield technology and equipment company providing drilling data acquisition, controls, and instrumentation. Adjacent to The Rig Shop as a fellow Canadian oilfield supplier serving the same drilling operators, though Pason focuses on electronics/control systems rather than structural fabrication.

Regional players

• Trican Well Service: Canadian pressure pumping and oilfield services company headquartered in Calgary. Comparable to The Rig Shop as a fellow Albertan oilfield supplier serving Canadian drilling operators, though Trican focuses on well services rather than rig fabrication.
• Ensign Energy Services: Canadian drilling contractor and rig operator with significant fleet operations in North America. Directly comparable to The Rig Shop's customer base — a major consumer of custom drilling rigs and the type of drilling contractor that orders API-certified mast and substructure packages.
• Savanna Drilling: Canadian drilling contractor operating a large fleet of onshore drilling rigs, including hybrid and self-elevating configurations. Directly comparable as both a customer archetype and a regional operator using the type of TRS-series rigs that The Rig Shop manufactures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-rig-shop

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

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 The Rig Shop