What Hybrid Energy Services does

Hybrid Energy Services Ltd. (HES) is a privately held, 100% Canadian-owned oilfield services company that provides tubular running, torque monitoring, and connection verification services to oil and gas operators and drilling contractors across Western Canada. Founded in 2003 and headquartered in Calgary, Alberta, the company dispatches qualified technicians and proprietary equipment to customer rig locations to perform casing running, power tong operations, connection supervision, thread inspection, steam thread washing, and iron roughneck torque verification. HES positions itself as an independent third-party supervisor, generating documented records of every casing string run to protect operators from liability and demonstrate due diligence.

The company's core technology stack centers on Computer Analyzed Torque Monitoring (CATM) using the WinCatt software platform jointly developed with FARR Canada and C-FER. HES uses electronic load cells to measure torque accurately, avoiding temperature-related errors common in hydraulic load cells. The product portfolio includes Casing Running Tools (CRT) with capacities from 120 to 320 tons, Iron Roughneck Torque Testing (IRTT) devices, a Laser Pipe Tally system for joint length measurement, and an RCD Press for offline Rotating Control Device installation. In June 2025, HES launched the Electric Hydraulic Power Unit (eHPU), an electric-powered replacement for diesel hydraulic power units on land rigs, offering up to 90% fuel reduction, approximately 25 tonnes of CO2e savings per rig per month, and 8-10 dBA noise reduction.

HES operates a B2B field services business model, delivering services on a per-job or contract basis with pricing not publicly disclosed. The company maintains six service locations across Alberta and British Columbia — Calgary, Grande Prairie, Hinton, Fort St. John, Red Deer, and Edson — and has stated plans to expand into the US market. Leadership includes Landon McDonald (President/CEO), Jeff Weitzel (COO), Robert Ryan (Director of Operations), and Jason Lytwyn (Sr. Account Manager). The company has 11-50 employees, no disclosed funding rounds, and no institutional investors referenced in the source material.

Name

Hybrid Energy Services

Legal name

Hybrid Energy Services Ltd.

Website

https://hybridenergyservices.ca

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

Hybrid Energy Services Ltd. is a privately held Canadian oilfield services company providing tubular running, torque monitoring, and connection verification services to oil and gas operators and drilling contractors across Western Canada, with planned US expansion.

Ownership category

akta.pro rank

Product category

Oilfield Tubular Running Services

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Mechanical Piping & Pipefitting (Process/Utility Piping, Supports, Valves) (EUAEAFAD)

Keywords

• Tubular running services
• Casing running services
• Torque monitoring services
• Oilfield equipment services
• Connection inspection services

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Tubular Running Services: Professional services for casing running, torque monitoring, connection supervision, and thread inspection delivered by qualified technicians at oilfield locations. Services are contracted to oil and gas operators and drilling contractors on a per-job or contract basis.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Hybrid Energy Services delivers tubular running services for oil and gas drilling operations in Western Canada, including casing running, torque monitoring, connection supervision, and thread inspection. The company's core offering integrates proprietary Computer Analyzed Torque Monitoring (CATM) systems with mechanical Casing Running Tools (CRT) and recently introduced Electric Hydraulic Power Units (eHPU) to provide third-party verification of well construction activities.

Product overview

Hybrid Energy Services offers a comprehensive suite of oilfield tubular running services and monitoring technology. The core portfolio centers on Computer Analyzed Torque Monitoring (CATM) systems that provide real-time analysis of tubular connection make-up using proprietary WinCatt software, complemented by the Casing Running Tool (CRT) family for mechanical running operations. The company recently launched the Electric Hydraulic Power Unit (eHPU) as a new product line, replacing diesel hydraulics with electric alternatives. Additional services include torque verification for top drives and iron roughnecks, connection supervision and thread inspection, steam thread washing with laser tally and vacuum drifting, conventional casing running, RCD Press for offline installation, and bucking frame operations. The portfolio integrates hardware (torque subs, power tongs, CRT tools) with software analytics (WinCatt) and documentation services to ensure connection integrity and reduce operator liability throughout the wellbore construction process.

Differentiator

Problem solved

Functional benefit

Products and services

• Computer Analyzed Torque Monitoring (CATM) Real-time torque monitoring service that uses electronic load cells and WinCatt software to analyze tubular connection make-up, record torque, turns, RPM, and shoulder points, and produce detailed job reports with remote monitoring capability for oil and gas drilling operations.
• Casing Running Tool (CRT) Mechanical Casing Running Tool for installing casing on top drive rigs, featuring a dual-release safety mechanism that combines weight and reverse rotation; available in 120-ton, 200-ton, and 320-ton hoist capacity models for making/breaking connections, filling, circulating, rotating, reciprocating, and cementing through.
• Electric Hydraulic Power Unit (eHPU) Electric-powered hydraulic power unit that replaces diesel HPU trucks on oilfield land rigs by connecting to the rig's existing electrical grid via variable-frequency drive, delivering lower fuel consumption, reduced maintenance, and quieter operation with built-in digital telemetry.
• Conventional Casing Running Casing running service using power tongs (conventional or integral) for safe and efficient casing installation, handling pipe from 1-7/8 inch tubing to 20 inch casing with equipment rated up to 500 tons.
• Steam Thread Washing Thread cleaning service using steam to remove debris and contaminants from casing connections prior to running, ensuring proper torque transfer and preventing corrosion from hydrogen sulphides.
• Connection Supervision & Thread Inspection On-site connection supervision and thread inspection service ensuring connections are debris-free and undamaged prior to running, including field dressing for slightly damaged threads and flagging unrepairable joints.
• Iron Roughneck Torque Verification Independent verification of iron roughneck torque output using calibrated test fixtures to detect drift across the operating range for make-up and break-out operations.
• Top Drive Torque Verification Independent verification of top drive torque output against calibrated reference standards, including drift detection and pre-job, periodic, and post-job verification options with fully documented results.
• RCD Press (Rotating Control Device Installation Service) Offline Rotating Control Device installation and removal service that moves RCD installation away from the rig floor into a controlled setting, reducing hazards and non-productive time for managed pressure drilling programs.
• Bucking Frame Controlled connection make-up system for use with power tongs off the rig floor, with a compact footprint for remote locations and dual back-up design (2-jaw 25,000-35,000 ft.lbs or 3-jaw 50,000 ft.lbs) for handling casing accessories, pups, hangers, and threaded tools.

Quantifiable outcome

• Up to 90% fuel use reduction with electric HPUs compared to diesel units
• +7 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• FARR Canada LimitedcoreTechnology or IntegrationFARR Canada Limited co-developed the WinCatt software tool with C-FER for real-time monitoring and control of tubular connection power tong make-up. HES utilizes WinCatt as part of their CATM services, indicating a technology partnership for torque monitoring capabilities.
• Centre For Engineering Research Inc. (C-FER)coreTechnology or IntegrationC-FER (Centre For Engineering Research Inc.) developed WinCatt jointly with FARR Canada Limited. The software provides graphical user interface, control, data acquisition and presentation capabilities for power tong make-up monitoring. HES operates WinCatt-certified systems for torque analysis.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Weatherford International: Oilfield services company offering tubular running, casing services, and drilling tools. Overlaps directly with HES in casing running and torque-related services, but as part of a broader portfolio.
• Halliburton: Global oilfield services giant offering CasePoint and casing running services alongside a comprehensive drilling portfolio. Overlaps with HES in torque verification and tubular running, but as part of a much broader service bundle.
• SLB (Schlumberger): Largest global oilfield services company with casing, tubular running, and drilling services. Comparable in torque monitoring and casing running but operates at vastly greater scale with bundled offerings.
• Baker Hughes: Major integrated oilfield services and equipment provider with drilling, completion, and tubular running services. Comparable to HES at the casing/tubular level, but with global scale and diversified energy technology offerings.
• NOV (National Oilwell Varco): Manufactures drilling rig equipment including power tongs and casing running tools that compete with HES's hardware portfolio. Comparable on equipment side (CRT, power tongs) and indirectly via drilling contractor customers.
• Nabors Industries: Global drilling contractor and owner of Tesco Corporation casing running tools. Overlaps with HES on tubular running tooling and is also a potential drilling contractor customer in target markets.

Direct peers

• Franks International / INNOVEX: Specialized tubular running services provider with casing running tools and installation services. Directly comparable to HES in scope of work (casing, torque monitoring, running tools) for upstream oil and gas drilling.

Others

• C-FER Technologies: Joint developer of WinCatt with FARR Canada and an engineering research/testing firm serving oil and gas. Technology partner to HES in torque monitoring software and an adjacent engineering services provider in the same value chain.
• FARR Canada: Co-developer of WinCatt software with C-FER and manufacturer of power tongs used in tubular running. Technology partner to HES but also an adjacent supplier whose products overlap with HES's CATM and power tong offerings.

Regional players

• Precision Drilling: Largest Canadian drilling contractor and HES's potential customer/peer in Western Canada. Comparable operating geography with overlapping tubular running services demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hybrid-energy-services-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Hybrid Energy Services