Crown Oil Tools
Crown Oil Tools is a product development company focused on lowering operating costs in the completion segment of the Oil and Gas industry. Though the company is a new entrant, its leadership and associates have spent their entire careers leading large, innovative Oil and Gas manufacturing companies and applying new technology in the completions and production spaces. Crown Oil Tools relies on years of design, manufacturing, and application experience to solve urgent industry issues. Born in a time of great financial challenge, market feedback on what the most urgent issue is has been quite clear - lower operating costs without sacrificing safety or reliability. Rather than making small, incremental changes to existing technology, Crown prefers to take that feedback and engineer truly innovative solutions. As a result, the company's flagship product, the Crown Connect System, reflects an effort to engineer complexity out of existing solutions for connecting Pressure Control Equipment to the well. The result is an elegant solution that improves safety, and improves cycle team, while reducing both upfront and operational costs. Crown Connect uses a unique, proprietary, design to allow for a 12,500 psi maximum working pressure connection with no human contact. The system is fully mechanical, simplifying its operation compared to more complex hydraulic remote operated systems. The same crane operation used to hoist equipment in place is the motion used to create the connection. The vertical motion downward, provided by gravity, and the vertical motion upward, provided by a crane are all that is necessary to couple/decouple. A physical barrier exists that will not allow for decoupling due to human error or miscommunication while the connection is under pressure.
Crown Oil Tools
Crown Oil Tools is a product development company focused on lowering operating costs in the completion segment of the Oil and Gas industry. Though the company is a new entrant, its leadership and associates have spent their entire careers leading large, innovative Oil and Gas manufacturing companies and applying new technology in the completions and production spaces. Crown Oil Tools relies on years of design, manufacturing, and application experience to solve urgent industry issues. Born in a time of great financial challenge, market feedback on what the most urgent issue is has been quite clear - lower operating costs without sacrificing safety or reliability. Rather than making small, incremental changes to existing technology, Crown prefers to take that feedback and engineer truly innovative solutions. As a result, the company's flagship product, the Crown Connect System, reflects an effort to engineer complexity out of existing solutions for connecting Pressure Control Equipment to the well. The result is an elegant solution that improves safety, and improves cycle team, while reducing both upfront and operational costs. Crown Connect uses a unique, proprietary, design to allow for a 12,500 psi maximum working pressure connection with no human contact. The system is fully mechanical, simplifying its operation compared to more complex hydraulic remote operated systems. The same crane operation used to hoist equipment in place is the motion used to create the connection. The vertical motion downward, provided by gravity, and the vertical motion upward, provided by a crane are all that is necessary to couple/decouple. A physical barrier exists that will not allow for decoupling due to human error or miscommunication while the connection is under pressure.
crownoiltools.com
Houston, TX, US
Details
Year founded
2020
Revenue
1M-5M
Employees
1-10
Number of locations
2
NAICS
211
SIC
1382
Products & Services
Outlines the company's specialized services and operational strengths.
- Drilling rig instrumentation
- Handling tools
- Oilfield services
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Equipment
Provides a detailed list of machinery and tools utilized on the company's premises.
- Crown Connect - patented quick connect for wireline Pressure Control Equipment (PCE) used during Pump Down Perforating (PDP) operations
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Ramping up production
Indicates the company's current production trend and growth trajectory.
FALSE
Our production algorithm is showing that crown oil tools is not ramping up production.
Target industries
Locations (2)
Crown Oil Tools
Houston, TX, US
Crown Oil Tools, LLC
7937 Farmingham Rd Suite F, Humble, TX 77346
Frequently Asked Questions
What services & capabilities does Crown Oil Tools offer?
Crown Oil Tools offers a range of services and capabilities, including Drilling rig instrumentation.
What kind of equipment does Crown Oil Tools use?
Crown Oil Tools uses a variety of equipment, including Crown Connect - patented quick connect for wireline Pressure Control Equipment (PCE) used during Pump Down Perforating (PDP) operations.
What are the target industries of Crown Oil Tools?
Crown Oil Tools serves several industries, including the oil and gas industry.
How many locations does Crown Oil Tools operate?
Crown Oil Tools operates from 2 locations.
Where are the headquarters of Crown Oil Tools?
The headquarters of Crown Oil Tools are located in houston, texas, united states.
What is the NAICS code for Crown Oil Tools?
The NAICS code for Crown Oil Tools is 211.
How many employees does Crown Oil Tools have?
Crown Oil Tools has an employee count in the range of 1-10 employees.
What is the official website of Crown Oil Tools?
The official website of Crown Oil Tools is https://www.crownoiltools.com/.
When was Crown Oil Tools founded?
Crown Oil Tools was founded in 2020.