Johnson Specialty Tools (JST) is a US-based manufacturing startup, established in 2014, specializing in renting high-quality drilling support equipment. The company’s primary goal is to minimize non-productive time (NPT) for operators. They achieve this by offering innovative equipment enhancements to improve safety and reliability, alongside in-house maintenance, repair, and inspection services. Aiming for zero NPT (ZNPT) in every drilling program they support, JST provides a comprehensive Performance Service Package, including rapid response and frequent wellsite visits. Their dedication to ensuring continuous rig operation has attracted the attention of Pelican Energy Partners, who led a Private Equity Round investment in JST on 30th May 2017.
Johnson Specialty Tools
ZNPT, zero NPT, is the JST goal for every drilling program we support.
Midland, United States
39 employees
Private Equity
Manufacturing
General Information
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United States Market
Manufacturing
About Johnson Specialty Tools
Taxonomy: drilling equipment rental, equipment design, equipment fabrication, equipment maintenance, equipment repair, equipment inspection, wellsite support, non-productive time minimization, rapid response services, reliability enhancements, safety improvements, oil and gas industry, drilling program support, innovative equipment, rig operation
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Private Equity Round | •••••• | 1 |
|
30 May 2017 |
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