Operational and Environmental Services for Energy Projects
I. Executive summary:
B.O.P. Products, LLC (referred to from hereon in as the "Company") was established as a Limited Liability Company at 9118 Sweetbrush Dr, Houston, Texas 77064 with the expectation of rapid expansion in the oil and gas industry.
Business Description:
B.O.P. Products, LLC (referred to from hereon in as the "Company") was established as a Limited Liability Company at 9118 Sweetbrush Dr, Houston, Texas 77064 with the expectation of rapid expansion in the oil and gas industry.
Cliff Broughton is an entrepreneur with 25 years of experience in the Oil and Gas sector. Cliff is a wealth of knowledge, having worked for some of the major manufacturers in the pressure control sector. Being instrumental in designing and validation of currently used drilling products.
B.O.P. Products has been servicing major drilling contractors and operators in the Oil and Gas industry since its inception. We have gained Global presence through our 1st class customer service support and our ability to dispatch equipment and technicians in support of our customers drilling restraints. We have an established rental fleet in the USA and UAE to help support the global market on temporary drilling requirements.
The Company currently employs 30 full-time and part-time
employees.
Management Team:
The Company has assembled an experienced management team:
VP/GM - Javier Blanco, 4 years in the United States Marine Corps, leading and training marines. 13 years of experience in the Oil and Gas industry, Overseeing Marketing and Sales, Day to Day Operations, Developing and Implementing Policy and Procedures, Reviewing Financial Statements, Assistance with the Increase of Sales and Profit Margins. Restructure Operational Excellence. Create Objectives and Develop a Sales Force. Strategize organization structure and responsibilities.
Operations Manager - Wade Newby, is a wealth of knowledge with over 35 years of experience in the O&G industry, having worked for some of the major manufacturers in the pressure control sector. Wade has led, trained, and overseen all aspects of the manufacturing process for pressure control equipment.
QA/QC Manager - Greg Pacetti, 6 years in the US Navy, is currently a fire fighter with 15 years working for the Houston Fire Department. While simultaneously managing and developing the company’s quality and management systems and procedures.
Sr. Account Manager and Business Development - Floyd Estay, 30 plus years in the Oil and Gas industry, managing and providing customer excellence to customers, while maintaining a high level of integrity and support.
Business Mission:
Our mission is to be The Leader of Blowout Prevention requirements to the oil and gas industry, by delivering a superior, more economical, and on time product, with a personal touch, one customer at a time. Through each step, you are our number one priority.
From specific equipment solutions to immediate global responses, B.O.P. Products is dedicated to serving you.
Product:
The Company's primary product is Blowout Preventors: A blowout preventer (BOP) is a large, specialized valve or similar mechanical device, used to seal, control and monitor oil and gas wells to prevent blowouts, the uncontrolled release of crude oil and/or natural gas from a well. They are usually installed in stacks of other valves.
Blowout preventers were developed to cope with extreme erratic pressures and uncontrolled flow (formation kick) emanating from a well reservoir during drilling.
Kicks can lead to a potentially catastrophic event known as a blowout. In addition to controlling the downhole (occurring in the drilled hole) pressure and the flow of oil and gas, blowout preventers are intended to prevent tubing (e.g. drill pipe and well casing), tools and drilling fluid from being blown out of the wellbore (also known as bore hole, the hole leading to the reservoir) when a blowout threatens.
Blowout preventers are critical to the safety of crew, rig (the
equipment system used to drill a wellbore) and environment, and to the monitoring and maintenance of well integrity; thus blowout preventers are intended to provide fail-safety to the systems that include them.
II. Business summary:
Industry Overview:
In the United States, the oil and gasindustry presently makes 100s Of Millionsdollars in sales.
Research shows that consumers in this industry primarily focus on the following factors when making purchasing decisions:
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Price
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Delivery
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Quality
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API Accreditation
Business Goals and Objectives:
Short Term:
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Increase manufacturing capabilities
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Increase workforce staff
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Improve employee appreciation
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Upgrade to the new API 4th Edition
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Upgrade to the new ISO9001 2015 system
Long Term:
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Increase market presence
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Expand our product line offering
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Increase business revenue
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Increase customer positive feedback by 85%
Legal Issues:
The Company affirms that its promoters have acquired all
legally required trademarks and patents.
III. Marketing summary:
Target Markets:
The Company's major target markets are as follows:
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Land Based Drilling Contractors
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Offshore Based Drilling Contractors
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Service Companies
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Drilling Operators
The estimated number of potential clients within the Company's geographic scope is 140.
Pricing Strategy:
The Company has completed a thorough analysis of its competitors' pricing. Keeping in mind our competition's pricing and the costs of customer acquisition, we have decided on the following pricing strategy:
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Market Penetration
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Economy Pricing
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and Bundle Pricing
SWOT Analysis:
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Strengths
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Product Offering
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Interchangeability
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Engineering Solutions/Design
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Diversity
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Procedures
Weaknesses:
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Brand recognition
Opportunities:
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Gain market share.
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Aftermarket/Repair.
Threats:
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Competition.
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Market share.
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Customer low balling.
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Negative Trends.
Competition:
In the Oil and Gas Industry, customers make choices based
upon:
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Price.
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Delivery.
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Quality.
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API Accreditations.
​​
The level of competition is Highly Competitive:
The primary competitors for the business are the following:
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Cameron/Schlumberger.
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NOV/Shaffer.
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Control Flow.
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W.O.M.
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Axon.
However, we believe that the Company has the following
competitive advantages:
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Price.
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Delivery.
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Responsiveness.
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Customer Service.
Services:
First-rate service is intended to be the focus of the Company and a cornerstone of B.O.P. Products brand's success. All clients will receive conscientious, one-on-one, timely service in all capacities, be they transactions, conflicts or complaints. This is expected to create a loyal brand following and return business.
Execution Platform for Energy Investment Opportunities in Venezuela
Focused on restoring production and unlocking value from existing energy assets.
