ATP SERVICES INC. | Application Preview
ATP SERVICES INC. is seeking government funding to support the development of a new downhole drilling Filter Screen & Sub. The funds will be used for marketing, engineering, maintenance, and production of additional units, ultimately creating jobs for four families.
The business plan focuses on leveraging the existing client base and expanding services without sacrificing quality. The company aims to use the funding to engage more clients confidently, enhancing service delivery and allowing for the design of new equipment. Over the next five years, ATP SERVICES INC. plans to hire ten additional employees, with a long-term goal of expanding the workforce to around 30-40 employees.
The application makes a compelling case for funding based on the proven effectiveness of their product, which has been validated by major players like British Petroleum and Kintetics Technology Inc. The tool addresses safety issues in the oil industry, potentially preventing incidents that could lead to revenue loss or harm to workers.
In terms of competition, ATP SERVICES INC. faces companies like Don Mashburn Inc., DTI Inc., and NOV Inc. However, their competitive advantage lies in a unique hardening process and design feature absent in their competitors’ offerings. A successful example of the tool's performance involved a job for BPX, where it handled challenging conditions without significant wash, impressing the engineers involved. This distinct efficiency distinguishes ATP’s technology in the market.
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General Information
Business Registration Number: 46-2923667
Location: Lafayette, LA, United States
Length of Operation: 6 years
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I would use the money for my newly designed downhole drilling Filter Screen & Sub for the growth of the company through marketing, engineering my newly designed equipment and for maintenance and building more units and engineering with expansion to give jobs to 4 men who have families.
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Business Plan
its really simple utilizing my current platform of clients and I'm already in the arena of more potential clients I will be able to expand my services instead of declining business because I don't want to over sell and under provide to anyone, I intend on utilizing the funds to allow me to speak with more clients with certainty I can effectively provide a quality service and I will be able to focus on designing additional equipment and with a 5 year plan goal of hiring 10 more people and 5 years later I can hopefully have the capacity of revenue to hire an additional 20 people which will make my company with an employee base at about 30-40 employee's. because I have a product that has been proven in the field by a major Oil company such as British Petroleum X and a smaller company based out of Houston called Kintetics Technology Inc., my tool as the potential to give 100's of jobs and has the potential to be the major go to company for hole cleaning technology and safety equipment that can help all companies to prevent a major incident from accruing which could be loss in revenue for the oil company and or loss of life for working men and there families.
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Self Identified Competition
Don Mashburn Inc. DTI Inc. NOV Inc. all there are just very similar but none have the harding process technology my tool has. my tool has a unique design feature none of these companies have. And this is what sets my downhole filter screen technology apart from any other company.. relief Example on the BPX job my tool survived 15% LGS (LowGravitySolids) @850 GPM (GallonsPerMin) and my tool finished the job with 0% in wash and the engineers at BP were really surprised due to the high LGS they were certain that my tool would finish with major wash on my tool but it did not have any wash. So this is what sets my tool apart from the competitors.
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