Bond-Coat

Company Information

Sector

Energy

Founded

1964

Headquarters

Odessa, Texas

Original Investment Date

2012

Investment Type

Recapitalization

Status

Realized

About Company

Bond-Coat provides external casing and tubing coatings for corrosion prevention and cement adhesion to customers in the upstream oil & gas industry. Headquartered in Odessa, Texas, the Company began operations in 1964 with its original product, Ruff-Coat, which was designed to achieve a better cement to casing bond as well as to provide a protective coating to tanks and other oil field equipment. In 2003, the Company shifted its focus to downhole coatings with the introduction of a second-generation product, Flint-Coat. Unlike many competitors, this anti-corrosion coating is strong enough to withstand the trip downhole as well as the extreme forces from normal handling tools.