SeeBITDAOklahoma

Basin Engineering, LLC

  • 1117 NW 24th Street, Oklahoma City, OK
  • Since 2000
  • NAICS 541330
Estimated valueLow confidence
$45.3M
$21.4Mlikely range$64.3M
About 7.5× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$51.4M
a year
EBITDA
$6.0M
12% of revenue
Employees
139
reported in 2020
Leadership
Travis Gray
Vice President - Production / Facilities · source · confirmed by 2 sources
Some signs of a sale

How we got $45.3M

Based on 139 employees reported for PPP in 2020, grown 8% a year since.

139 employees × $313K each$43.5M
Shown toward the top of its range×1.18
Revenue$51.4M
× 12% EBITDA margin$6.0M
× 7.5 sale multiple = value$45.3M

Own this business? Correct these figures

Estimated value over time

▲ 90% since 2020
$0$26.0M$52.1M20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 26 years (since 2000)
  • No family successor named on its website

From public records and the company's website, not a statement that it's for sale.

What they do

Basin Engineering is an oilfield engineering and operations consulting firm with home offices in Oklahoma City, providing engineering, wellsite consulting, contract operations, project management and safety leadership services. It serves oil and gas owner operators, from small start-up energy firms to major oil and gas companies.

Products & services
EngineeringWellsite ConsultingContract OperationsProject ManagementSafety LeadershipDrilling EngineeringCompletion EngineeringProduction EngineeringReservoir EngineeringFlowback and Choke ManagementFrac Interference RecoveryArtificial Lift Optimization
Markets served
oil and gas owner operatorssmall start-up energy firmsmajor oil and gas companiesprivate equity firmsindependent operatorslarger operators
Service area
Oklahoma CityNW OklahomaSTACK playAnadarkoArkomaPermianMarcellus / UticaRockies
Certifications
SafeLand USA TrainingISNetPECAvetta/PICSProfessional Engineering Firm RegistrationSPEAPIAADE

From the company's website. Industry: Engineering & architecture.

Customers & suppliers

Possible customers nearby

The largest businesses within about 60 miles in the markets its website says it serves.

Oil & gas

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
BASIN ENGINEERING, LLC
this business
$51.4M$6.0M—
WPM DESIGN GROUP LLC
Oklahoma City · 3 employees
$1.0M$200K0.1 mi
Huntr
Oklahoma City
$2.0M$392K0.5 mi
Faro Analytics
Oklahoma City
$1.1M$214K0.5 mi
GOLDY LLC
Oklahoma City · 1 employees
$314K$73K0.5 mi
FITZSIMMONS ARCHITECTS, PC
Oklahoma City · 7 employees
$2.6M$461K0.6 mi
Networkequipment
Oklahoma City
$2.0M$392K0.6 mi

Ranges & sources

Revenue range$30.4M – $60.9M
EBITDA range$3.6M – $7.1M
Industry (NAICS)Engineering Services (541330)
Value range$21.4M – $64.3M

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Advisors

  • BankingInternational Bank of CommercePPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

International Bank of Commerce
PPP 2020, PPP 2021
All 442 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/5/2020first$459K$466K17International Bank of Commerce
2/17/2021second$459K$464K139International Bank of Commerce

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Basin Engineering, LLC

Basin Engineering, LLC is an engineering & architecture company in Oklahoma City, Oklahoma, in business since 2000. It is owned by Travis Gray (Vice President - Production / Facilities). Its estimated annual revenue is about $51.4M, with roughly $6.0M of EBITDA. It has about 139 employees. Its estimated business value is $45.3M (likely range $21.4M–$64.3M).

Common questions

Who owns Basin Engineering, LLC?
Basin Engineering, LLC is owned by Travis Gray (Vice President - Production / Facilities), according to public sources such as the company's website or filings.
How much revenue does Basin Engineering, LLC make?
SeeBITDA estimates Basin Engineering, LLC's annual revenue at about $51.4M (likely between $30.4M and $60.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Basin Engineering, LLC worth?
About $45.3M, roughly 7.5× its estimated EBITDA of $6.0M, typical for a engineering & architecture company its size. Likely range: $21.4M–$64.3M.
How many employees does Basin Engineering, LLC have?
About 139, as reported on its PPP loan.
When was Basin Engineering, LLC founded?
Basin Engineering, LLC has been in business since 2000.