Oil and Gas Startups Podcast Transcontinental Energy Services on Oil and Gas Startups
The oil and gas industry faces challenges in building successful startups due to a commoditized market, capital-intensive nature, and high competition. TCES addresses the challenges faced by startups in the oil and gas industry by providing innovative services and prioritizing long-term partnerships. With a proven track record of success, TCES has become a leading rig buyer and expanded its operations to the Permian Basin. They offer a comprehensive solution by focusing on customer satisfaction, embracing technological advancements, and aiming to expand their geographic footprint in the Middle East.
Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions.
Click here to watch a video of this episode.Click here to view the episode transcript.
00:00 - Intro
02:45 - TCS Oilfield Service Business
03:57 - TCS Workover Rig Business
09:58 - Challenges in Building an Oilfield Service Company
11:02 - Developing an OFS Company
14:00 - Cash Flow Management in Business
18:18 - Starting a Business Without Capital
21:26 - Navigating the 2020 Downturn
24:47 - EnergyX Overview
28:10 - Honesty and Transparency in Business
30:26 - Importance of Company Culture
37:04 - TCS's 5-Year Goals
39:14 - Electrification of Workover Rigs
42:10 - Finding TCS Energy
https://www.instagram.com/digitalwildcatters
https://www.tiktok.com/@digitalwildcatters
https://www.facebook.com/digitalwildcatters
https://twitter.com/DWildcatters