Evolution Completions

What Evolution Completions does

Evolution Completions is a privately held oilfield services company headquartered in Williston, North Dakota, founded in November 2010 to serve petroleum operators in the Bakken Oil Fields. The company provides a bundle of well intervention and completion services — completions, slickline, wireline, fishing, and safety — delivered directly to operator well sites in the Williston Basin on a 24/7/366 basis. The team is composed of local personnel who grew up in the Williston area and worked the oil fields prior to the modern Bakken boom, and the company has explicitly committed to remaining in the region through commodity price cycles.

The company's underlying product technology centers on proprietary downhole completion tools, including the AS1-X Anchor (a mechanically set double grip tubing anchor designed for durability and debris tolerance), the patent-protected Techtac Anchor (Slimline TAC) tubing anchor catcher, and Tubing Screens that separate abrasives to extend artificial lift run life. These tools are deployed alongside the service crews as part of an integrated well completion offering, with the patented Techtac Anchor representing the principal piece of differentiated IP in the portfolio.

Revenue is generated through professional services engagements (completions, slickline, wireline, fishing) plus sales of proprietary downhole tools to oil and gas operators in a single geography. Pricing is not publicly disclosed and is project-specific. The go-to-market is enterprise field sales to petroleum operators in the Bakken, with no disclosed partnerships, channel intermediaries, or institutional customers. The company is privately owned with no known outside investors, no parent organization, and no M&A or restructuring activity disclosed.

Name

Evolution Completions

Legal name

Evolution Completions Inc.

Website

https://evolutioncompletions.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Evolution Completions is a privately held Williston, North Dakota oilfield services company that provides completions, slickline, wireline, fishing, and safety services — along with proprietary downhole tools — to petroleum operators in the Bakken Oil Fields.

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

Support Activities for Oil and Gas Operations (213112), Oil and Gas Field Machinery and Equipment Manufacturing (333132), Support Activities for Mining (213)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

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

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH), Well Completions & Stimulation (Hydraulic Fracturing, Sand Control) (EUALAAAE)

Keywords

• Oilfield completions services
• Slickline wireline services
• Downhole completion tools
• Well intervention services
• Oil well fishing services

Headquarters

HQ city

Williston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Oilfield Services: Provides specialized downhole tool services including completions, slickline, wireline, and fishing services to petroleum operators in the Bakken Oil Fields region

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Evolution Completions provides specialized oilfield services—completions, slickline, wireline, fishing, and safety services—to petroleum operators in the Bakken Oil Fields of North Dakota, with 24/7/366 service availability. The company also manufactures and supplies proprietary downhole completion tools, including the AS1-X Anchor, the patent-protected Techtac Anchor (Slimline TAC), and Tubing Screens, which are used to optimize well performance and maximize artificial lift run life.

Product overview

Evolution Completions is an oil field services company offering a portfolio of specialized services including Completions, Slickline, Wireline, Fishing, and Safety services. The company also manufactures proprietary downhole tools including the AS1-X Anchor (a mechanically set double grip tubing anchor), the Techtac Anchor (patent-protected Slimline TAC), and Tubing Screens. These products work together as part of comprehensive well completion solutions designed for the Bakken Oil Fields region.

Differentiator

Problem solved

Functional benefit

Products and services

• AS1-X Anchor Mechanically set double grip tubing anchor designed to be exceptionally durable and debris tolerant, used in well completions to optimize well performance for Bakken-region oil and gas operators.
• Techtac Anchor (Slimline TAC) Patent-protected slimline tubing anchor catcher that provides numerous benefits to optimize the performance of a well compared to a standard tubing anchor catcher, intended for oil and gas completion operations.
• Tubing Screen Downhole tubing screen used for maximizing artificial lift run life by separating harmful abrasives during oil and gas well operations.
• Completions Services Completions services for oil and gas well operations delivered by experienced local crews in the Bakken Oil Fields, including deployment of proprietary downhole tools such as the AS1-X and Techtac anchors.
• Slickline Services Slickline services for well intervention and maintenance operations performed at well sites in the Bakken Oil Fields for petroleum operators.
• Wireline Services Wireline services for logging, intervention, and completion operations delivered to operators in the Bakken Oil Fields.
• Fishing Services Fishing services for retrieving lost equipment or debris from oil and gas wells in the Bakken Oil Fields.
• Safety Services Safety services prioritizing team safety, personnel protection, and project asset safety as part of Evolution Completions' oilfield service delivery in the Bakken region.

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves4 records

Expansion highlights1 record

Direct peers

• Forum Energy Technologies: Forum Energy Technologies manufactures and supplies a broad range of oilfield products including downhole tools, artificial lift, and wellsite equipment. Its downhole tool and artificial lift product lines compete with Evolution's AS1-X, Techtac anchor, and tubing screen offerings in the same unconventional customer base.
• NCS Multistage Holdings: NCS Multistage designs and manufactures completion tools and provides related services for unconventional well operators in the U.S. and Canada. Its product portfolio of proprietary downhole completion tools directly parallels Evolution's anchor, tubing screen, and completion tool offerings.
• Liberty Energy: Liberty Energy is a U.S. completions services provider focused on hydraulic fracturing and wireline operations serving operators in the Bakken and other unconventional basins. It directly competes with Evolution for completions contracts and wellsite personnel in Williston Basin activity.
• ProPetro Holding: ProPetro provides pressure pumping and completion services primarily to Permian Basin operators, with a service model aligned with Evolution's completions work. While Evolution is Bakken-focused and ProPetro is Permian-focused, both compete for the same type of completions contracts from unconventional E&P operators.
• Nine Energy Service: Nine Energy Service is a U.S. completions-focused oilfield services company offering wireline, cementing, and completion tools, with strong North American unconventional exposure. It is one of the closest pure-play comparables to Evolution Completions in terms of service mix, customer base, and tool strategy.
• Cactus Wellhead (Solaris Oilfield Infrastructure): Solaris (which combined with Cactus Wellhead) provides wellhead and completion-related equipment and surface rental services to U.S. operators in the Bakken and other unconventional plays. Its wellsite completion equipment overlaps with Evolution's downhole completions and tool business.

Broad incumbents

• Weatherford International: Weatherford supplies completion, drilling, and production equipment and services globally with meaningful North American unconventional exposure. Its wellhead and downhole tool portfolio competes with Evolution's AS1-X and Techtac anchor products in the Bakken and adjacent basins.
• SLB (Schlumberger): SLB is the largest diversified oilfield services company globally, with wireline, completions, and downhole tool offerings that overlap directly with Evolution Completions' product and service lineup. Its scale, digital offerings, and integrated technology stack contrast with Evolution's specialized, region-focused go-to-market.
• Baker Hughes: Baker Hughes provides well construction, completions, and production solutions across North American unconventional plays including the Bakken. Overlap with Evolution is strongest in completions equipment and artificial lift, where Baker Hughes offers competing downhole tools and well services.
• Halliburton: Halliburton is one of the largest global oilfield services providers with a major completions and wireline franchise serving the Bakken and other basins. It competes with Evolution on completions, wireline, and downhole tools but operates at vastly greater scale across the full upstream value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/EvolutionCompletionsINC
• LinkedInlinkedin.com/company/evolution-completions
• Instagraminstagram.com/evolutioncompletion

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 Evolution Completions