Balanced Energy Oilfield Services Inc
102nd Ave NW, Mandaree , North Dakota, United States

Balanced Energy is a coil tubing operator in the western Canadian Sedimentary basin. Founded in 2006, the company’s commitment to providing value added solutions for its E&P clients has led to continued growth and success for our employees, customers and stakeholders.

Creativity and an entrepreneurial spirit characterize the way we operate.

 This reflecting the values that the oil and gas industry was pioneered on. Management fosters a work environment that encourages individual success as a function of team play. Our mandate is to lead our industry in performance and value delivery.  “Our Success is to be measured by the value we can deliver to our stakeholders, never by our rig count.” -Neil Schmeichel  Balanced Energy operates a fleet of eight coil tubing spreads, built for purpose to service all aspects of our client needs. Balanced Energy is considered by its industry peers as a performance leader in the coil tubing space for well completion, production, intervention and abandonment services.  By focusing specifically on coil tubing services and employing a fleet of shallow, intermediate, deep and high capacity coil tubing spreads, Balanced Energy offers its client’s cradle to grave service options for all classes of their oil and gas assets.  Our highly experienced and skilled technical team is in the heart of downtown Calgary to provide ready access to our client’s engineering and management teams. Established field bases of operation in Grande Prairie AB, Drayton Valley AB, Brooks AB, and Weyburn SK. ensure that our assets can be deployed quickly and efficiently to our clients when and where they are required.

Our Mission

 We are a client-focused coil tubing service provider specializing in technical, value-added solutions in the intermediate and deep coil sector of the O&G industry in Western Canada through the utilization of high-standard equipment and a technically-proficient staff. 

Core Strategy

Balanced Energy’s competitive strategy is to be a boutique/niche player focusing its efforts on specific clients. Building on the success of existing client relationships, the company will develop close relationships with new clients in the long reach horizontal market. The business model is designed to be scalable over time. The relationships developed with key clients have proven to be successful as demonstrated by steadily increasing volumes.   As stated by our President, Mr. Neil Schmeichel: “We simply have a different business model than our larger multinational competitors.  We partner with the regional E&P companies. While our competitors have a global mindset that is driven by global profits, we are laser focused on supporting regional E&P producers by helping them reduce costs now and over the long term”.     “Our goal is to understand exactly what the E&P partners need and provide them customized, cost-effective solutions that save time and money. We must integrate ourselves into their strategy. You invest your earnings back into what the client needs and that includes retaining your core assets during down cycles, it’s a mutually beneficial approach,” emphasizes Mr. Schmeichel.