Premiere
Premiere, Inc. is a privately held Louisiana-based oilfield services company, founded in 1980, that provides specialized casing and tubing running services and patented proprietary tools (torque rings, running tools, cement heads, power tongs) to oil and gas operators across the US and Latin America.
- Company typePrivate
- Founded1980
- HeadquartersDenver, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Premiere does
Premiere, Inc. is a privately held oilfield services company founded in 1980 and headquartered in New Iberia, Louisiana, specializing in the safe and efficient delivery of casing and tubing running services to oil and gas operators across onshore and offshore operations in the United States and Latin America. The company provides conventional casing services (handling systems for pipe from 2 3/8" to 36" OD), casing running tool (CRT/PRT) operations, torque turn data management, rotating cementing, and hammer services for stuck-pipe recovery. Its technical differentiation rests on a portfolio of in-house designed and patented tools — including the Premiere Torque Rings (PTR), Premiere Running Tool (PRT), Rotating Cement Head (RCH), Premiere Stabberless Elevator (PSE), and Magnum Power Tongs — which are designed to deliver semi-premium and premium connection performance, reduce rig-floor personnel exposure, and improve cementing quality.
The business operates through two complementary revenue streams: project-based service delivery (equipment and trained personnel deployed to customer drilling operations) and proprietary equipment sales via its Magnum Casing Tools division. Premiere follows a sales-led go-to-market with regional sales offices in Houston and Bogota, Colombia, supported by operational districts in Louisiana, Oklahoma City, and West Texas. Customers are oil and gas exploration and production companies requiring specialized well-construction support; pricing is project-quotation-based rather than publicly disclosed. The company emphasizes a structured training and safety program (classroom, computer-based, leadership, and on-the-job training) as a workforce and customer-trust asset, and has held an effectively self-funded capital structure with no disclosed outside equity or debt funding.
Premiere firmographics
Firmographics- Name
- Premiere
- Legal name
- Premiere, Inc.
- Website
- https://premiereinc.com
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Premiere, Inc. is a privately held Louisiana-based oilfield services company, founded in 1980, that provides specialized casing and tubing running services and patented proprietary tools (torque rings, running tools, cement heads, power tongs) to oil and gas operators across the US and Latin America.
- Ownership category
- akta.pro rank
Premiere industry classification
Industry- Product category
- Oilfield Services
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)
- SIC
- Oil & Gas Field Services, Nec (1389), Special Industry Machinery (No Metalworking Machinery) (3550)
- akta.pro primary industry
- Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC)
- akta.pro secondary industry
- Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD)
Keywords
Where Premiere is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Premiere business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Casing and Tubing Services: Primary revenue stream from providing specialized casing and tubing running services to oil and gas operators. Services include conventional casing, casing running tool services, torque turn services, rotating cementing, and hammer services. Services provided on both land (onshore) and offshore operations. Revenue is project-based, driven by drilling activity and customer demand.
- Oilfield Equipment Sales: Sale of proprietary oilfield tools and equipment through Magnum Casing Tools division. Products include Premiere Torque Rings, Premiere Running Tools, Rotating Cement Heads, and Magnum Power Tongs. Equipment sales complement service offerings.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Premiere product offering
Product offeringCore offering
Premiere provides specialized casing and tubing running services to oil and gas operators, executing both onshore and offshore well construction projects. The company deploys patented proprietary tools including the Premiere Running Tool (PRT), Premiere Torque Rings (PTR), Rotating Cement Head (RCH), Premiere Stabberless Elevator (PSE), and Magnum Power Tongs to deliver safer, more efficient operations. Services span conventional casing, automated casing running tool operations, torque turn services, rotating cementing, and hammer services, supported by in-house equipment manufacturing through Magnum Casing Tools.
Product overview
Premiere Inc. is an oilfield services company providing a comprehensive portfolio of casing and tubing running services and proprietary tools. The core offering includes Conventional Casing Services and Casing Running Tools (CRT/PRT), supplemented by patented products like the Premiere Torque Rings (PTR), Rotating Cement Head (RCH), Premiere Stabberless Elevator (PSE), and Premiere Magnum Power Tongs. Services include Torque Turn Services, Hammer Services, and rotating cementing solutions. These products and services work together to enable safer, more efficient casing and tubing operations in oil and gas wells, with the patented tools designed to work alongside the company's service delivery capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Conventional Casing Services Casing services for wells from 4½" to 36" OD, available for land and offshore operations, using hydraulic, pneumatic, and manual handling systems to pick up, make up, and run casing safely and efficiently. Targeted at oil and gas operators requiring well construction casing services.
- Casing Running Tool (CRT) Services / Premiere Running Tool (PRT) High-end casing running tool services using tools connected to top drive systems, enabling drilling crews to operate casing strings without extra equipment, eliminating the stabbing board operator safety hazard and reducing personnel on the rig floor. Targeted at oil and gas drilling operations requiring automated/mechanized casing running.
- Premiere Torque Rings (PTR) Patented torque ring product creating a positive shouldered makeup for premium connection performance at reduced cost, allowing API certified pipe to be run, rotated, and reciprocated at greater torque values without thread damage. Sizes range from 2-3/8" to 20". Sold to oil and gas operators through Magnum Casing Tools division.
- Torque Turn Services Expert torque turn data management services for complex casing connection projects, including various casing connection hardware and programs to manage torque turn requirements. Targeted at oil and gas operators requiring specialized connection make-up services.
- Rotating Cementing Services Rotating cementing services using the in-house designed Rotating Cement Head (RCH) that executes reciprocating and rotating cementing processes while conditioning the well during the cement job, with a no-leak swivel design enabling circulation and rotation at high RPMs for extended periods. Targeted at oil and gas operators requiring improved zonal isolation.
- Hammer Services Hammer services employing a range from D-19 to D-100 hammers to provide optimal performance for unique job requirements, including stuck pipe fishing operations. Targeted at oil and gas operators requiring downhole hammer services.
- Premiere Stabberless Elevator (PSE) Specialized elevator product that removes the need for a stabbing arm during casing operations, reducing possibility for injury. Sold to oil and gas operators as proprietary safety equipment.
- Premiere Magnum Power Tongs Hydraulic power tongs product with optimized torque-to-weight ratio, capable of handling tubular sizes from 2-3/8" to 26" diameter with maximum torque values ranging from 20,000 ft-lbs to 120,000 ft-lbs depending on model. Sold to oil and gas operators through Magnum Casing Tools division.
Companies that use Premiere
Customer profileSegments1 record
Ideal customer profiles1 record
Premiere technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Premiere partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights4 records
Premiere competitors and assessment
Company assessmentBroad incumbents
- Tenaris: Tenaris is a leading global manufacturer and supplier of seamless and welded steel tubular products used in oil and gas drilling and production. While primarily a pipe manufacturer, Tenaris is adjacent to Premiere through the tubular running value chain and serves overlapping oil and gas operator customers.
- Halliburton: Halliburton is one of the world's largest oilfield services companies with a comprehensive well construction and completion portfolio. Its Cementing and Drilling & Evaluation segments directly overlap with Premiere's casing running, cementing, and torque turn services, often bundled into integrated well construction contracts.
- Weatherford International: Weatherford is a large, diversified oilfield services and equipment provider with a well construction portfolio that directly overlaps Premiere's casing running, cementing, and tubular running services. As a much larger incumbent, Weatherford competes head-to-head for casing running contracts and bundles them into broader well construction offerings.
- Vallourec: Vallourec is a major global supplier of premium tubular solutions for the oil and gas industry, including casing, tubing, and line pipe. Vallourec competes with Premiere indirectly by providing connection technologies and tubular running advisory services to the same operator base.
- Schlumberger (SLB): SLB is the largest global oilfield services company with well construction, drilling, and completions capabilities that encompass casing running, cementing, and tubular handling services. Its scale, digital offerings, and bundled contracts make it a powerful competitor to specialist players like Premiere.
- Baker Hughes: Baker Hughes is a major diversified oilfield services and industrial energy technology company with well construction and oilfield equipment divisions that overlap Premiere's casing and cementing services. Baker Hughes' well construction and completions business directly competes for casing running contracts in US and international basins.
Emerging players
- Oil States International: Oil States International provides oilfield products and services, including completion and drilling products and well site services, overlapping with Premiere's casing and completion tool segments. Oil States' production and completion services compete for some of the same operator relationships Premiere serves.
- TAM International: TAM International is a specialized provider of inflatable packers and downhole tools used in well construction and completion. TAM's completion tools portfolio overlaps with Premiere's RCH, PSE, and Power Tongs offerings in the well construction and zonal isolation workflow.
Direct peers
- Frank's International: Frank's International is one of the most direct peers to Premiere, offering specialized casing running, tubular running, and well construction services globally to oil and gas operators. Both companies focus on the same niche of mechanized and conventional casing handling with proprietary tools, serving both onshore and offshore markets.
- Newpark Resources: Newpark Resources provides oilfield services and supplies including drilling fluids, completion fluids, and well site services, with overlaps to Premiere in well construction and completion support. Newpark's drilling fluids segment and well site services compete with Premiere for North American onshore operator spend.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Premiere social profiles
Digital presencePremiere financial estimates
Financial estimateRevenue estimate
Valuation estimate
Premiere leadership team
Management profileNumber of profiles
Profiles1 record
Premiere funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Premiere M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Premiere
What does Premiere do?
Premiere provides specialized casing and tubing running services to oil and gas operators, executing both onshore and offshore well construction projects. The company deploys patented proprietary tools including the Premiere Running Tool (PRT), Premiere Torque Rings (PTR), Rotating Cement Head (RCH), Premiere Stabberless Elevator (PSE), and Magnum Power Tongs to deliver safer, more efficient operations. Services span conventional casing, automated casing running tool operations, torque turn services, rotating cementing, and hammer services, supported by in-house equipment manufacturing through Magnum Casing Tools.
Is Premiere a public or private company?
Premiere is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Premiere founded?
Premiere was founded in 1980. It employs 1,001 to 5,000 people.
Where is Premiere based?
Premiere is headquartered in Denver, United States, in the North America region.
How does Premiere make money?
Two revenue lines are on record. Casing and Tubing Services are the primary driver. The others are oilfield Equipment Sales.
Who are Premiere's main competitors?
Broad incumbents on record are Tenaris, Halliburton, Weatherford International, Vallourec, Schlumberger (SLB) and Baker Hughes. Emerging players are Oil States International and TAM International. Direct peers are Frank's International and Newpark Resources.
Does Premiere have an API?
No public API is recorded for Premiere.
What industry is Premiere in?
Premiere's product category is Oilfield Services. Its primary akta.pro industry code is EUALABAC, Well Construction & Completion Services (Cementing, Casing, Tubular Running), with a secondary code of EUALABAD, Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control). Its NAICS code is 333132 and its SIC code is 1389.