Drilling Specialists, Inc
How we got $1.7M
Based on 3 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▲ 5% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| DRILLING SPECIALISTS, INC this business | $1.7M | — |
| URIBE FLOW SERVICES INC. Clinton · 1 employees | $382K | 0.7 mi |
| KINGFISHER RESOURCES, INC Clinton · 3 employees | $1.1M | 0.8 mi |
| Newpark Drilling Fluids Clinton | $1.5M | 1.0 mi |
| S & T SWD LLC Clinton · 9 employees | $3.4M | 1.1 mi |
| M Wright Service Clinton | $1.5M | 1.9 mi |
| A & R COMPRESSION, LLC Clinton · 4 employees | $1.6M | 2.1 mi |
The full calculation
| Employees reported to the SBA | 3 |
| Industry revenue per employee | $330K |
| Revenue = employees × revenue per employee | $1.7M |
| EBITDA margin (industry, adjusted for size) | 34% |
| EBITDA = revenue × margin | $561K |
| Cross-check: revenue implied by PPP payroll | $403K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.7M |
| Multiple for this size and industry | 3× |
| Value range | $797K – $2.4M |
| Revenue range | $988K – $2.0M |
| EBITDA range | $332K – $664K |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
People & advisors
Advisors
- BankingThe Bank of the WestPPP / 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 Roles are as stated there and may be out of date.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
| The Bank of the West PPP 2020, PPP 2021 | All 56 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/9/2020 | first | $11K | 3 |
| 1/30/2021 | second | $11K | 3 |
About Drilling Specialists, Inc
Drilling Specialists, Inc is an oil & gas company in Clinton, Oklahoma. Its estimated annual revenue is about $1.7M, with roughly $561K of EBITDA. It has about 3 employees. Its estimated business value is $1.7M (likely range $797K–$2.4M).
Common questions
- Who owns Drilling Specialists, Inc?
- The owner of Drilling Specialists, Inc 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 Drilling Specialists, Inc make?
- SeeBITDA estimates Drilling Specialists, Inc's annual revenue at about $1.7M (likely between $988K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Drilling Specialists, Inc worth?
- About $1.7M, roughly 3× its estimated EBITDA of $561K, typical for a oil & gas company its size. Likely range: $797K–$2.4M.
- How many employees does Drilling Specialists, Inc have?
- About 3, as reported on its PPP loan.