Coil Tubing Technology (OTCMKTS:CTBG) provides specialized coil tubing solutions and services to the oil and gas industry. The company focuses on enabling wellbore intervention, maintenance and workover operations by supplying high-pressure, continuous-length steel tubing that can be deployed into producing wells without the need to remove the existing casing.
Its core offerings include the design, manufacture and distribution of coiled tubing units, downhole tools, pressure control equipment and associated accessories. These products are engineered to support a range of applications such as hydraulic fracturing, acidizing, cleanouts and wellbore stimulation. Coil Tubing Technology also offers equipment rental and field service support to help operators optimize their intervention projects safely and efficiently.
Coil Tubing Technology primarily serves onshore and offshore operations in North America, partnering with independent and major oil and gas producers. The company’s technical team provides installation, maintenance and training services, helping customers integrate coiled tubing into their drilling and completion programs. Through its service model, Coil Tubing Technology aims to reduce downtime and operating costs for its clients.
Traded on the OTC Markets under the ticker CTBG, Coil Tubing Technology maintains a lean corporate profile. Publicly available information about its executive leadership and broader corporate history is limited, reflecting the company’s niche position within the broader oilfield services sector.
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