Western Oilfield Equipment

Founded 1999 Canada

Calgary, Canada 3 employees Seed Total: $1.13M Energy, Manufacturing +1

Western Oilfield Equipment is a Canadian startup that has been a key player in drilling fluid recovery since its founding in 1999. The company's patented Vac-Screen System utilizes negative pressure or vacuum to address the surface tension of drilling fluid on the shaker screen, resulting in a dry screen for the cuttings to contact as opposed to the typical hydroplaning through drilling fluid. This sophisticated system allows the cuttings to passively release the oil adsorbed to them, resulting in a remarkable reduction in Oil On Cuttings (OOC) % without any increase in Low Gravity Solids (LGS). In May 2014, the company received a $1.13M Seed Round investment from 32 Degrees Capital, EnerTech Capital, and Export Development Canada, further solidifying its position in the Energy, Manufacturing, and Transportation industries. This investment not only showcases the confidence of prominent investors in the startup but also highlights the potential for continuous development and growth in the future.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	$1.13M	3	32 Degrees Capital, EnerTech Capital +1	30 May 2014

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

$1.13M

32 Degrees Capital, EnerTech Capital +1

30 May 2014

FAQ About Western Oilfield Equipment

Western Oilfield equipment is an industry leader in drilling fluid recovery. Our patented Vac-Screen System uses negative pressure or vacuum to overcome the surface tension of the drilling fluid on the shaker screen. By overcoming the surface tension of the fluid on the screen we provide a dry sc...

Western Oilfield Equipment was founded in 1999.

Western Oilfield Equipment is headquartered in Calgary, Canada.

Western Oilfield Equipment operates in Energy, Manufacturing and Transportation. Its work centres on Oilfield equipment, Drilling fluid recovery, Vac-Screen System and Negative pressure technology.

Western Oilfield Equipment has approximately 3 employees.

Western Oilfield Equipment has completed 1 funding round, raising a total of $1.13M. The latest funding stage is Seed.

Top alternatives and competitors to Western Oilfield Equipment include Intelligent Wellhead Systems, Balcke-Dürr. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Western Oilfield Equipment and Intelligent Wellhead Systems are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Western Oilfield Equipment

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