Drake Well Service

Name

Drake Well Service

Legal name

J.A. Drake Well Service, Inc.

Website

https://drakewellservice.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

Support Activities for Oil and Gas Operations (213112), Support Activities for Mining (21311)

SIC

Oil & Gas Field Services, Nec (1389), Drilling Oil & Gas Wells (1381)

akta.pro primary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

akta.pro secondary industries

Drilling & Workover Rigs (Land & Offshore) (EUALABAA), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oilfield well servicing
• Workover rig services
• Oilfield drilling services
• Heavy haul transportation
• Artificial lift services

Headquarters

HQ city

Farmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain

Revenue model

1. Workover Rig Services: Well servicing and maintenance including completions, repairs, recompletions, plug and abandonment. Revenue is earned through service contracts with oilfield operators, typically on a project or day-rate basis.
2. Drilling Services: Vertical and directional drilling, conductor and surface hole installation, casing support, geothermal and helium resource drilling. Billed as professional services on a project basis.
3. Heavy Haul & Equipment Transport: Specialized transportation of drilling rigs, compressors, pump jacks, separators, and oversized loads for oilfield operators. Revenue generated per haul/job.
4. Wireline Services: Well logging, perforating, plug and packer setting, tubing-conveyed perforating, memory logging. Earned through service contracts with operators.
5. Artificial Lift Services: Rod pump installation and maintenance, plunger lift systems, pump changeouts, lift system optimization. Revenue derived from professional service engagements.
6. Supply Store: Retail sale of oilfield parts, tools, equipment, safety gear, fittings, valves, lubricants, and rig supplies. Revenue from product sales at competitive prices.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

J.A. Drake Well Service, Inc. is a family-owned, woman-led oilfield services company that provides workover rig services, drilling services, heavy haul transportation, wireline services, artificial lift solutions, and a supply store to oil and gas operators in the San Juan and Permian Basins. Its offerings span the full well lifecycle from initial drilling and completions through production optimization and plug and abandonment, sold through direct, quote-based service contracts.

Product overview

J.A. Drake Well Service, Inc. is a family-owned, woman-led oilfield services company providing a comprehensive suite of well lifecycle solutions. The company operates as a single unified service offering rather than a platform-plus-modules architecture, delivering six integrated service lines: Workover Rigs, Drilling Services, Heavy Haul, Wireline Services, Artificial Lift, and an Oilfield Supply Store. These services are designed to support operators throughout the entire well lifecycle—from initial drilling and completions through production optimization and eventual plug and abandonment.

Differentiator

Problem solved

Functional benefit

Products and services

• Workover Rigs Well servicing and maintenance solutions including completions, repairs, recompletions, fishing operations, tubing repair, and casing leak remediation, delivered by trained crews to extend well life and boost productivity for oil and gas operators.
• Drilling Services Full-range oilfield drilling operations including vertical and directional drilling, conductor and surface hole installation, intermediate and production casing support, geothermal resource drilling, and helium resource drilling — delivered to operators from spud to total depth.
• Heavy Haul Specialized heavy equipment transportation for rigs, compressors, pump jacks, tanks, separators, generators, and oversized loads, with route planning and permit management to move oilfield assets securely and on schedule, including in remote terrain.
• Wireline Services Open-hole and cased-hole wireline operations including well logging, perforating, plug and packer setting, tubing-conveyed perforating, memory logging, real-time telemetry, and full pipe recovery services for downhole intervention accuracy and speed.
• Artificial Lift Custom artificial lift solutions including rod pump installation and maintenance, plunger lift systems, pump changeouts, pulling units, and lift system optimization and troubleshooting to maximize production and optimize flow rates.
• Supply Store Retail sale of oilfield parts, tools, equipment, and safety gear including safety equipment, hand and power tools, fittings, valves, hoses, lubricants, fluids, and rig supplies, offered at competitive prices to keep operators running.

Quantifiable outcome

• 300+ P&A projects completed across New Mexico, Arizona, and Texas
• +1 more outcomes

Named customers2 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

Partnerships

Two partnerships are on record, tiered core.

• Sage Potash Corp.coreStrategic or Co-development Partner · 29 April 2026Drake Well Service was selected by Sage Potash Corp. to execute a three-week drilling program at the Sage Plain potash project in the Paradox Basin, southwestern Utah. The program targets high-grade Cycle 18 Upper and Lower potash beds at approximately 2,100 meters depth, with the goal of expanding the project's mineral resource and advancing engineering and development work. An updated resource estimate is expected by mid Q3 2026. This engagement was confirmed in April 2026 with drilling scheduled to begin early June 2026.
• Westrock Energy ServicescoreStrategic or Co-development PartnerWestrock Energy Services and Drake Well Service Inc. were jointly engaged by Sage Potash Corp. to execute a 1.275 km step-out drilling program at the Sage Plain Potash Project in San Juan County, Utah. Westrock is co-executing the drilling program alongside Drake, targeting potash mineralization in Cycle 18 beds at approximately 2,100 metres depth, with hydrogeological assessments included.

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/155099437861950
• LinkedInlinkedin.com/company/j-a-drake-well-service

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 Drake Well Service