Pioneer Energy Services Overview

  • Year Founded
  • 1968

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 885

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 10

  • Investments
  • 6

Pioneer Energy Services General Information

Description

Provider of contract drilling and production services to oil and gas exploration and production companies. The company specializes in well servicing and wireline services and also provides land-based drilling services and production services to independent and oil and gas exploration and production companies in the United States and internationally.

Contact Information

Formerly Known As
Pioneer Drilling Company, Pioneer Drilling Co, South Texas Drilling & Exploration Inc, Phoenix Surveys
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 1250 North East Loop 410
  • Suite 1000
  • San Antonio, TX 78209
  • United States
Primary Industry
Other Energy Services
Vertical(s)
Corporate Office
  • 1250 North East Loop 410
  • Suite 1000
  • San Antonio, TX 78209
  • United States

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Pioneer Energy Services Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Pioneer Energy Services Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of contract drilling and production services to oil and gas exploration and production companies. The company s
Other Energy Services
San Antonio, TX
885 As of 2022

Calgary, Canada
 

Al-Khobar, Saudi Arabia
 
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Pioneer Energy Services Competitors (27)

One of Pioneer Energy Services’s 27 competitors is Precision Drilling, a Formerly PE-Backed company based in Calgary, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Precision Drilling Formerly PE-Backed Calgary, Canada
Arabian Drilling Corporation Al-Khobar, Saudi Arabia
Archer (Sandnes) Corporation Sandnes, Norway
Weatherford International Corporation Houston, TX
Calfrac Well Services Corporation Calgary, Canada
You’re viewing 5 of 27 competitors. Get the full list »

Pioneer Energy Services Patents

Pioneer Energy Services Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210108624-A1 Piston pump manual rolling system and method of use Inactive 10-Oct-2019
US-10323466-B2 Drilling rig and method of use Active 11-Aug-2014
US-20170234079-A1 Drilling rig and method of use Active 11-Aug-2014
WO-2016025521-A2 Drilling rig and method of use Inactive 11-Aug-2014
WO-2016025521-A3 Drilling rig and method of use Inactive 11-Aug-2014 E21B7/02
To view Pioneer Energy Services’s complete patent history, request access »

Pioneer Energy Services Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Pioneer Energy Services Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Pioneer Energy Services Acquisitions (6)

Pioneer Energy Services’s most recent deal was a Merger/Acquisition with Go-Coil for . The deal was made on 31-Dec-2011.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Go-Coil 31-Dec-2011 Merger/Acquisition Other Equipment
Penkota Wireline Services 03-Mar-2008 Merger/Acquisition Other Energy Services
Competition Wireline 01-Mar-2008 Merger/Acquisition Other Equipment
WEDGE Oil and Gas Services 01-Jan-2008 Merger/Acquisition Other Energy Services
Allen Drilling company 30-Nov-2004 Merger/Acquisition Other Commercial Services
You’re viewing 5 of 6 acquisitions. Get the full list »

Pioneer Energy Services Affiliates

Subsidiaries (5)

Name Industry Location Year Founded
Pioneer Coiled Tubing Services Maurice, LA 2011
Pioneer Wireline Services Holdings San Antonio, TX 2007
Pioneer Drilling Services San Antonio, TX 1968
Pioneer Wireline Services
Pioneer Services Holdings San Antonio, TX

Pioneer Energy Services FAQs

  • When was Pioneer Energy Services founded?

    Pioneer Energy Services was founded in 1968.

  • Where is Pioneer Energy Services headquartered?

    Pioneer Energy Services is headquartered in San Antonio, TX.

  • What is the size of Pioneer Energy Services?

    Pioneer Energy Services has 885 total employees.

  • What industry is Pioneer Energy Services in?

    Pioneer Energy Services’s primary industry is Other Energy Services.

  • Is Pioneer Energy Services a private or public company?

    Pioneer Energy Services is a Private company.

  • What is the current valuation of Pioneer Energy Services?

    The current valuation of Pioneer Energy Services is .

  • What is Pioneer Energy Services’s current revenue?

    The current revenue for Pioneer Energy Services is .

  • How much funding has Pioneer Energy Services raised over time?

    Pioneer Energy Services has raised $283M.

  • Who are Pioneer Energy Services’s investors?

    South Texas Drilling & Exploration and WEDGE Group have invested in Pioneer Energy Services.

  • Who are Pioneer Energy Services’s competitors?

    Precision Drilling, Arabian Drilling, Archer (Sandnes), Weatherford International, and Calfrac Well Services are some of the 27 competitors of Pioneer Energy Services.

  • When was Pioneer Energy Services acquired?

    Pioneer Energy Services was acquired on 01-Oct-2021.

  • Who acquired Pioneer Energy Services?

    Pioneer Energy Services was acquired by Patterson-UTI Energy.

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