3d Well Service, Inc.
How we got $5.2M
Based on its 16 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 19 years (since 2007)
From public records and the company's website, not a statement that it's for sale.
Estimated value over time
▲ 9% 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 |
|---|---|---|
| 3D WELL SERVICE, INC. this business | $5.2M | — |
| DEM OPERATIONS, INC. Lamont · 3 employees | $1.4M | 0.4 mi |
| CASING CREWS, INC. Lamont · 36 employees | $22.4M | 0.5 mi |
| DOUBLE R OILFIELD SERVICES LLC Lamont · 9 employees | $3.4M | 2.4 mi |
| J-B OILFIELD SERVICES, LLC Lamont · 16 employees | $7.4M | 2.4 mi |
| MENDENHALL DRILLING, INC. Lamont · 17 employees | $7.3M | 2.5 mi |
| DARLING OIL CORPORATION Lamont · 9 employees | $4.7M | 2.6 mi |
The full calculation
| Employees reported to the SBA | 16 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $5.6M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.7M |
| Estimate: the two combined (geometric mean) | $5.2M |
| EBITDA margin (industry, adjusted for size) | 28% |
| EBITDA = revenue × margin | $1.4M |
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 | $5.2M |
| Multiple for this size and industry | 3.6× |
| Value range | $2.7M – $7.1M |
| Revenue range | $3.4M – $6.0M |
| EBITDA range | $953K – $1.7M |
| Industry (NAICS) | Support Activities for Oil and Gas Operations (213112) |
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 State Exchange 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
| The State Exchange Bank PPP 2020, PPP 2021 | All 52 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 | $114K | 16 |
| 2/10/2021 | second | $90K | 10 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About 3d Well Service, Inc.
3d Well Service, Inc. is an oil & gas company in Lamont, Oklahoma, in business since 2007. Its estimated annual revenue is about $5.2M, with roughly $1.4M of EBITDA. It has about 16 employees. Its estimated business value is $5.2M (likely range $2.7M–$7.1M).
Common questions
- Who owns 3d Well Service, Inc.?
- The owner of 3d Well Service, 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 3d Well Service, Inc. make?
- SeeBITDA estimates 3d Well Service, Inc.'s annual revenue at about $5.2M (likely between $3.4M and $6.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is 3d Well Service, Inc. worth?
- About $5.2M, roughly 3.6× its estimated EBITDA of $1.4M, typical for a oil & gas company its size. Likely range: $2.7M–$7.1M.
- How many employees does 3d Well Service, Inc. have?
- About 16, as reported on its PPP loan.
- When was 3d Well Service, Inc. founded?
- 3d Well Service, Inc. has been in business since 2007.