7 Oil And Gas Machines And Equipment Manufacturing Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start An Oil And Gas Machines And Equipment Manufacturing Business

The oil and gas industry uses equipment designed and manufactured using high-quality materials. The primary equipment used in the oil and gas industry includes tank vessels, heat exchangers, air coolers, evaporators, towers, etc.

One way to start an oil and gas-related business is to become a manufacturer or supplier of oil and gas exploration equipment. In this business, you must meet the highest manufacturing standards required by the oil & gas exploration companies.

Here are some real life success stories of starting a oil and gas machines and equipment manufacturing business:

1. Exapro ($1.7M/year)

Thomas Bordier, along with a few partners, revived a failing B2B marketplace, Exapro, in 2003, and has since grown the business to a turnover of over $1.7 million per year. Their platform connects buyers and sellers of used industrial machines worldwide, and they also promote over 300 auctions annually. In addition, they are working on a new project, Valorexo, to help value used machines.

How much they make: $1.7M/year
How much did it cost to start: $30K
Current team size: 21

I Bought A Dying Used Machinery Marketplace And Grew It To 1.7M$/Year

French entrepreneur Thomas Bordier took over a failing B2B marketplace in 2003 which now grows the industrial machinery resale market with 300 yearly auctions and an annual $1.7 million turnover from over 25 million worldwide assets promoting offers for over 600 transactions yearly and now launching a new project, Valorexo to create better pricing for used machinery.

About

Thomas started Exapro over 20 years ago

Revenue

Thomas grew the business to $142K/month

Costs

It cost Thomas $30000 to start the business

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Starting An Oil And Gas Machines And Equipment Manufacturing Business: Everything You Need To Know

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So... can you actually make money with a oil and gas machines and equipment manufacturing business?

Of course. There are millions to be made in this industry.

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4. Machinio

Click here to find used tractors, excavators, cranes, forklifts, lathes, presses, trucks, and trailers on Machinio.

Website traffic: 1.46M/month

5. ARC Advisory Group

ARC Advisory Group is the leading technology market research firm for industry, manufacturing, infrastructure and cities. Leverage your technology investments today (781) 471-1000

Website traffic: 70K/month