Tri-country Nitrogen Services Inc.

Name

Tri-country Nitrogen Services Inc.

Legal name

Tri-Country Nitrogen Services Inc.

Website

https://tricountryn2.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Odessa

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. Nitrogen Pumping Services: Service-based revenue from providing on-site nitrogen pumping and bulking services to oil and gas operators. Services are delivered on-demand with 24/7 availability. Revenue is generated through service fees for nitrogen delivery and pumping operations, likely on a per-job or per-unit basis.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Tri-Country Nitrogen Services provides on-site nitrogen pumping and bulking services to oil and gas operators in the Permian Basin. Using the region's only 180,000 standard-cubic-foot Nitrogen pumper/bulker unit, the company delivers liquid nitrogen directly to well sites for well stimulation, well maintenance, and related oilfield applications. Services are dispatched 24/7 with same-day availability across most Texas locations and are supported by field crews with more than 100 years of combined nitrogen pumping experience.

Product overview

Tri-Country Nitrogen Services Inc. is a specialized service company providing nitrogen pumping and bulking solutions to the Permian Basin oil and gas industry. The company operates a single core service offering: a 180K Nitrogen pumper/bulker unit, which is described as the only such unit in the Permian Basin. The company emphasizes 24/7 availability with experienced crews.

Differentiator

Problem solved

Functional benefit

Products and services

• 180K Nitrogen Pumper/Bulker Service On-site nitrogen pumping and bulking service delivered to oil and gas operators in the Permian Basin using the region's only 180,000 standard-cubic-foot Nitrogen pumper/bulker unit. Used for well stimulation, well maintenance, and related oilfield nitrogen applications requiring high-capacity delivery.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves3 records

Broad incumbents

• Halliburton: Halliburton (HAL) is a global oilfield services major offering completion, production, and drilling services including nitrogen applications. Comparable as a broad incumbent with overlapping pressure pumping and nitrogen service capabilities, though not Permian-niche specialized.
• SLB: SLB (formerly Schlumberger) is the largest global oilfield services company with pressure pumping and well stimulation offerings. Comparable as an incumbent competitor with overlapping nitrogen and well service capabilities, anchored by a much broader portfolio.
• Baker Hughes: Baker Hughes (BKR) is a global oilfield services and equipment company with completion and production solutions including well stimulation. Comparable as a broad incumbent in oilfield services with partial overlap on nitrogen-related well applications.

Direct peers

• Liberty Energy: Liberty Energy (LBRT) provides pressure pumping, wireline, and well completion services including nitrogen applications to US shale operators. Comparable because it competes for the same well-completion service work and overlaps with Tri-Country on nitrogen pumping jobs.
• BJ Energy Solutions: BJ Energy Solutions provides hydraulic fracturing and pressure pumping services to US upstream operators with active Permian deployment. Comparable as a peer competitor bidding for well completion service budgets that include nitrogen pumping.
• NexTier Oilfield Solutions: NexTier (NEX) provides pressure pumping and completion services to US shale operators, including in the Permian Basin. Comparable as a competitor for well-completion services and an end-customer overlap with Tri-Country's oil and gas operator base.
• ProFrac Holdings: ProFrac (ACDC) is a US pressure pumping and well completion services provider with active Permian Basin operations. Comparable as a direct competitor in pressure pumping, the broader category where nitrogen pumping services are procured.
• Cryogas Services: Cryogas Services is a nitrogen pumping and cryogenic services provider to US oil and gas operators. Comparable as a direct competitor in mobile nitrogen pumping for well stimulation, completions, and pressure testing applications.
• ProPetro Holding Corp: ProPetro (PUMP) is a Permian Basin-headquartered provider of pressure pumping and well completion services, directly competing for the same completion-service budget as Tri-Country. Comparable as a Permian-focused well services operator serving the same E&P customers.
• Nixon Nitrogen: Nixon Nitrogen provides nitrogen pumping and well services to oil and gas operators, with capabilities and a similar service model to Tri-Country. Comparable because both compete directly for nitrogen-based well stimulation work in US shale basins.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tri-country-nitrogen-services-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Tri-country Nitrogen Services Inc.