STEP Energy Services, trading under the symbol SNVVF, is a Calgary-based oilfield services company specializing in a broad suite of well completion and intervention solutions. Its core offerings include coiled tubing, snubbing, nitrogen services, cementing, pump-and-treat, well testing and fracturing support equipment. These capabilities enable upstream oil and gas operators to execute safe and efficient operations across a wide range of reservoir types, from conventional to unconventional and heavy oil formations.
Since its founding in 2005, STEP has grown through a combination of organic expansion and targeted acquisitions, enhancing its fleet of high-pressure pumping units, coiled tubing rigs, nitrogen generation systems and other specialty assets. This strategic growth has allowed the company to adapt to changing market demands, optimize service delivery and maintain flexibility in contract structures and pricing models.
STEP’s operational footprint is concentrated in Western Canada—primarily Alberta, British Columbia and Saskatchewan—with select deployments in mature U.S. resource plays. A network of regional service centers and field teams underpins its execution model, providing clients with on-site technical support, real-time data monitoring and rigorous health and safety standards. This geographic coverage enables STEP to serve both major integrated oil companies and independent producers through commodity price cycles.
Headquartered in Calgary, Alberta, the company is guided by a management team with extensive experience in the oilfield services sector. STEP places strong emphasis on safety performance, technological innovation and continuous improvement, aiming to deliver cost-effective, high-quality services that help clients maximize reservoir productivity and extend asset life.
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