Wellsite Automation, LLC
How we got $6.3M
Based on its 13 employees and its payroll, both reported for PPP in 2020 and brought up to date.
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.
What we know
What they do
Wellsite Automation, LLC provides automation solutions to the oil and gas production industry, specializing in rod pump controller (pump off controller) installation, maintenance, repair, replacement parts and related parts.
From the company's website. Industry: Oil & gas.
Customers & suppliers
Suppliers & brands
- ChampionX · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| WELLSITE AUTOMATION, LLC this business | $6.3M | — |
| LINX MANAGEMENT GROUP LLC Edmond · 3 employees | $1.5M | 0.0 mi |
| GRIEVES & COMPANY Edmond · 2 employees | $1.1M | 1.3 mi |
| SWITCHGRASS ENERGY LLC Edmond · 2 employees | $871K | 1.6 mi |
| RYB3 OPERATING LLC Edmond · 1 employees | $840K | 1.6 mi |
| HARD ROCK OILFIELD LLC Edmond · 1 employees | $490K | 2.1 mi |
| ALBRIGHT LAND SERVICES, LLC Edmond · 1 employees | $413K | 2.5 mi |
The full calculation
| Employees reported to the SBA | 13 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.5M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $5.6M |
| Estimate: the two combined (geometric mean) | $6.3M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.8M |
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 | $6.3M |
| Multiple for this size and industry | 3.6× |
| Value range | $3.3M – $8.6M |
| Revenue range | $4.2M – $7.2M |
| EBITDA range | $1.2M – $2.0M |
| Industry (NAICS) | Drilling Oil and Gas Wells (213111) |
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
- BankingFirst Fidelity BankPPP / 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
| First Fidelity Bank PPP 2020, PPP 2021 | All 940 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $167K | 13 |
| 1/22/2021 | second | $133K | 12 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Wellsite Automation, LLC
Wellsite Automation, LLC is an oil & gas company in Edmond, Oklahoma, in business since 2022. Its estimated annual revenue is about $6.3M, with roughly $1.8M of EBITDA. It has about 13 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.6M).
Common questions
- Who owns Wellsite Automation, LLC?
- The owner of Wellsite Automation, 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 Wellsite Automation, LLC make?
- SeeBITDA estimates Wellsite Automation, LLC's annual revenue at about $6.3M (likely between $4.2M and $7.2M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Wellsite Automation, LLC worth?
- About $6.3M, roughly 3.6× its estimated EBITDA of $1.8M, typical for a oil & gas company its size. Likely range: $3.3M–$8.6M.
- How many employees does Wellsite Automation, LLC have?
- About 13, as reported on its PPP loan.
- When was Wellsite Automation, LLC founded?
- Wellsite Automation, LLC has been in business since 2022.