The company Key Energy Services Inc is a leading provider of oilfield services and solutions for oil and gas companies. Their business model is based on providing high-quality services in various areas such as drilling, pumping, stimulation, adjustment, and coating.
The company offers drilling services, which include a range of drilling equipment such as protective clothing, drill hoses, closures, and specialized drilling tools. They also offer geological analysis for customers before the drilling process begins.
Key Energy Services also provides pumping services to help customers increase oil and gas production. They offer handling and operating services for drilling equipment, which increase drilling tool efficiency and reduce operating costs for customers.
Another service offered is stimulation, also known as fracking. This is a process where a mixture of water and substances is injected into the deep rock formation to release oil and gas. Key Energy Services provides stimulation services for customers in the gas and oil sector.
The company also offers adjustment services. Fracs, tools, and accessories can be optimized and adjusted, improving well production.
In addition to these services directly related to oil and gas production, Key Energy Services also offers coating solutions for pipes and materials used in the oil and gas industry. These coating services ensure that pipelines and other equipment are protected from corrosion and other damage, leading to longer equipment life.
The company is also involved in water treatment, including water re-injection and improving wastewater flows for industrial use.
Key Energy Services manufactures and distributes a wide range of specialty tools, accessories, and equipment for the oil, gas, and water treatment industries. These products include a variety of drilling equipment, fracs and measurement tools, hoses, and steering devices. They also participate in the development of new technologies to create higher quality and productivity products that meet customer demands.
The business model of Key Energy Services Inc focuses on providing services and products in various areas of the oil and gas industry. By providing high-quality, effective, and efficient solutions, the company contributes to maximizing production and increasing customer profits.
