RAPAD DRILLING & WELL SERVICE INC
RAPAD Drilling & Well Service Inc. is a privately held Mississippi-based oilfield services company that operates a fleet of workover and completion rigs serving oil and gas operators across the SE Gulf Coast Region.
- Company typePrivate
- Founded1982
- HeadquartersJackson, United States
- Headcount—
- GTM typeB2B
- OfferingServices
What RAPAD DRILLING & WELL SERVICE INC does
RAPAD Drilling & Well Service Inc. (legal name: RAPAD Well Service Company Inc.) is a privately held oilfield services company that provides workover and completion rig services to upstream oil and gas operators. The company is headquartered in Jackson, Mississippi, with its operational base and billing address in Laurel, Mississippi, and services wells across the Southeast Gulf Coast Region — specifically Mississippi, Alabama, Northwest Florida, Louisiana, South Arkansas, and East Texas. Origins trace to 1946 through various affiliated companies; RAPAD Well Service Company Inc. was established in 1982 and has operated continuously since.
The company operates a fleet of approximately ten workover rigs spanning three equipment classes. The core modern fleet consists of Loadcraft LCI 350, LCI 550, and LCI 650 rigs (model years 2009-2014) with hookload capacities of 225,000 to 350,000 lbs and depth ratings up to 22,000 ft, powered by Caterpillar C-13, C-15, and C-18 engines and equipped with Gardner Denver pumps and 5,000 PSI BOPs. Two legacy Wilson Mogul 42-B 500 rigs (Rig #4 from 1981 at 354,000 lbs hookload and Rig #7 at 300,000 lbs hookload) round out the fleet, along with a Corsair Crane Carrier model 300. The fleet enables shallow, intermediate, and deep workover and completion services.
RAPAD's commercial model is direct enterprise field sales: services are contracted to oil and gas exploration and production companies requiring well intervention, maintenance, and completion work, with pricing on a quote/contract basis specific to customer requirements. The company maintains ISNetworld and PEC Safety subscriptions to meet contractor safety compliance requirements of large operators. Customers listed on the company website number approximately 45 and span both public E&Ps (Apache, Devon, Comstock, Range Resources, Denbury, Breitburn, Carrizo, Vanguard Natural Resources) and smaller independents. Leadership consists of William R. "Randy" James (President), Donald Wilson (VP Well Service), Bruce Hightower (Business Development Manager), and Nick Messersmith (Safety Coordinator).
RAPAD DRILLING & WELL SERVICE INC firmographics
Firmographics- Name
- RAPAD DRILLING & WELL SERVICE INC
- Legal name
- RAPAD Well Service Company Inc.
- Website
- https://rapadwellservice.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Short description
- RAPAD Drilling & Well Service Inc. is a privately held Mississippi-based oilfield services company that operates a fleet of workover and completion rigs serving oil and gas operators across the SE Gulf Coast Region.
- Ownership category
- akta.pro rank
RAPAD DRILLING & WELL SERVICE INC industry classification
Industry- Product category
- Oilfield Well Services
- NAICS
- Support Activities for Oil and Gas Operations (213112)
- SIC
- Drilling Oil & Gas Wells (1381)
- akta.pro primary industry
- Drilling & Workover Rigs (Land & Offshore) (EUALABAA)
- akta.pro secondary industry
- Well Intervention, Workover & Integrity Management (EUALAAAJ)
Keywords
Where RAPAD DRILLING & WELL SERVICE INC is headquartered
LocationHeadquarters
- HQ city
- Jackson
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
RAPAD DRILLING & WELL SERVICE INC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Others, Marketing or Sales
Revenue model
- Well Service and Workover Services: Provides shallow, intermediate, and deep workover and completion services to oil and gas companies using a fleet of workover rigs. Revenue is generated through service contracts for well intervention, maintenance, and completion operations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
RAPAD DRILLING & WELL SERVICE INC product offering
Product offeringCore offering
RAPAD Well Service Company Inc. provides shallow, intermediate, and deep workover and completion services for oil and gas wells through a modern fleet of Loadcraft and Wilson Mogul workover rigs. The company serves exploration and production operators across the SE Gulf Coast Region, including Mississippi, Alabama, Northwest Florida, Louisiana, South Arkansas, and East Texas, from offices in Jackson and Laurel, Mississippi. Services are delivered with an experienced workforce operating under Stop Work Authority (SWA) and safety programs audited through ISNetworld and PEC Safety.
Product overview
RAPAD Well Service Company Inc. provides oil and gas well service operations through a fleet of specialized workover and completion rigs. The company operates a diverse rig fleet including Loadcraft LCI 350, LCI 550, and LCI 650 models (2009-2014) with hookload capacities ranging from 225,000 to 350,000 lbs, and Wilson Mogul 42-B 500 rigs with capacities of 300,000 to 354,000 lbs. Services include shallow, intermediate, and deep workover and completion operations targeting depths from 14,000' to 22,000'. The company serves the SE Gulf Coast Region including Mississippi, Alabama, Northwest Florida, Louisiana, South Arkansas, and East Texas from offices in Jackson and Laurel, Mississippi.
Differentiator
Problem solved
Functional benefit
Products and services
- Well Service, Workover, and Completion Services
Companies that use RAPAD DRILLING & WELL SERVICE INC
Customer profileNamed customers46 records
Segments1 record
Ideal customer profiles1 record
RAPAD DRILLING & WELL SERVICE INC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
RAPAD DRILLING & WELL SERVICE INC partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- ISNetworldminorRAPAD subscribes to ISNetworld for safety and compliance verification services.
- PEC SafetyminorRAPAD subscribes to PEC Safety for safety compliance services.
Scale indicators2 records
Recent moves4 records
Expansion highlights2 records
RAPAD DRILLING & WELL SERVICE INC competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
RAPAD DRILLING & WELL SERVICE INC compliance and trust
Trust signalCompliance1 record
RAPAD DRILLING & WELL SERVICE INC financial estimates
Financial estimateRevenue estimate
Valuation estimate
RAPAD DRILLING & WELL SERVICE INC leadership team
Management profileNumber of profiles
Profiles4 records
RAPAD DRILLING & WELL SERVICE INC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RAPAD DRILLING & WELL SERVICE INC 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 RAPAD DRILLING & WELL SERVICE INC
What does RAPAD DRILLING & WELL SERVICE INC do?
RAPAD Well Service Company Inc. provides shallow, intermediate, and deep workover and completion services for oil and gas wells through a modern fleet of Loadcraft and Wilson Mogul workover rigs. The company serves exploration and production operators across the SE Gulf Coast Region, including Mississippi, Alabama, Northwest Florida, Louisiana, South Arkansas, and East Texas, from offices in Jackson and Laurel, Mississippi. Services are delivered with an experienced workforce operating under Stop Work Authority (SWA) and safety programs audited through ISNetworld and PEC Safety.
Is RAPAD DRILLING & WELL SERVICE INC a public or private company?
RAPAD DRILLING & WELL SERVICE INC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was RAPAD DRILLING & WELL SERVICE INC founded?
RAPAD DRILLING & WELL SERVICE INC was founded in 1982.
Where is RAPAD DRILLING & WELL SERVICE INC based?
RAPAD DRILLING & WELL SERVICE INC is headquartered in Jackson, United States, in the North America region.
How does RAPAD DRILLING & WELL SERVICE INC make money?
One revenue line is on record: well Service and Workover Services.
Does RAPAD DRILLING & WELL SERVICE INC have an API?
No public API is recorded for RAPAD DRILLING & WELL SERVICE INC.
What industry is RAPAD DRILLING & WELL SERVICE INC in?
RAPAD DRILLING & WELL SERVICE INC's product category is Oilfield Well Services. Its primary akta.pro industry code is EUALABAA, Drilling & Workover Rigs (Land & Offshore), with a secondary code of EUALAAAJ, Well Intervention, Workover & Integrity Management. Its NAICS code is 213112 and its SIC code is 1381.