Coil Tubing Technology, Inc. (CTT)
CTT supplies a full line of proprietary tools, manufactured in accordance with and to oil industry specifications. The core business of the Company is the development and marketing of specialty tools and related innovative technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. CTT is active worldwide.
Since its formation in 1998, CTT has specialized in the design of proprietary tools for the coil tubing industry, concentrating on four categories of tubing application:
- thru tubing fishing,
- thru tubing workover and intervention,
- pipeline clean out, and
- coil tubing lateral drillout operations.
CTT offers a turnkey tool package containing a full line of standard tools and proprietary downhole tools or a single item tool rental.
We focus on the development, marketing and rental of advanced tools and related technical solutions for use with coil tubing and jointed pipe in the bottom hole assembly (BHA) for the exploration and production of hydrocarbons (E&P). Although various companies in the E&P services industry have realized the importance of coil tubing, we have focused entirely on the development of dedicated, patented, proprietary downhole tools and related marketing strategies.
CTT is active worldwide.
Coil Tubing Technology, Inc. is a public corporation located in Houston, Texas, and is the parent company of Coil Tubing Technology Holdings, Inc., a Nevada corporation, which in turn has three wholly-owned subsidiaries, Total Downhole Solutions, Inc. (“TDS”) and Coil Tubing Technology, Inc. (“CTT Texas”), both Texas corporations and Coil Tubing Technology Canada Inc., an Alberta, Canada corporation (“CTT Canada”) and also holds a 51% interest in Excel Inspection, LLC.
The Company specializes in providing coil tubing products and service solutions to oil and gas clients on a regional, national and international basis. Its principals have been in the tool rental business for more than 40 years. CTT is traded under the symbol (OTCQB:CTBG).
Our principal executive offices are located at 3002 Farrell Road, Houston, Texas 77073, and our telephone number is (281) 651-0200.
“CTT,” our logo, and other trade names, trademarks, and service marks of the Company appearing on this website are the property of the Company. Other trade names, trademarks, and service marks are the property of their respective holders.