Bates Oilfield Services LLC
How we got $2.1M
Based on 4 employees reported for PPP in 2021, grown 8% a year since.
Estimated value over time
▲ 94% since 2021Today'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
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BATES OILFIELD SERVICES LLC this business | $2.4M | — |
| 5K OILFIELD SERVICES, LLC Thomas · 1 employees | $588K | 6.5 mi |
| BATES OILFIELD SERVICS LLC Thomas · 6 employees | $3.5M | 6.7 mi |
| ALLEN STINSON CONTRACT PUMPING, INC. Fay · 1 employees | $588K | 11.0 mi |
| FOSSIL FLUIDS LLC Weatherford · 10 employees | $5.9M | 12.7 mi |
| DTR OILFIELD CONSULTING, INC Weatherford · 1 employees | $588K | 13.8 mi |
| ALTA TIM MCSPERITT CONSULTING LLC Fay · 1 employees | $588K | 15.7 mi |
Ranges & sources
| Revenue range | $1.8M – $3.1M |
| EBITDA range | $536K – $929K |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
| Value range | $1.3M – $3.3M |
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
- BankingBancFirstPPP / 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 Roles are as stated there and may be out of date.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
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/25/2021 | second | $24K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Bates Oilfield Services LLC
Bates Oilfield Services LLC is an oil & gas company in Custer City, Oklahoma, in business since 2016. Its estimated annual revenue is about $2.4M, with roughly $714K of EBITDA. It has about 4 employees. Its estimated business value is $2.1M (likely range $1.3M–$3.3M).
Common questions
- Who owns Bates Oilfield Services LLC?
- The owner of Bates Oilfield Services LLC isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Bates Oilfield Services LLC make?
- SeeBITDA estimates Bates Oilfield Services LLC's annual revenue at about $2.4M (likely between $1.8M and $3.1M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Bates Oilfield Services LLC worth?
- About $2.1M, roughly 3× its estimated EBITDA of $714K, typical for a oil & gas company its size. Likely range: $1.3M–$3.3M.
- How many employees does Bates Oilfield Services LLC have?
- About 4, as reported on its PPP loan.
- When was Bates Oilfield Services LLC founded?
- Bates Oilfield Services LLC has been in business since 2016.