Overview
Graco Fishing & Rental Tools Inc, operating as Graco Oilfield Services, rents specialized oilfield equipment and performs well intervention for oil and gas operators. Its fishing crews retrieve stuck pipe, lost tools and debris from wells, working in uncased boreholes and wells lined with casing. The company also supplies pressure pumping, completion and workover services, alongside tubular rentals, blowout preventers and handling equipment. Customers arrange tools and field support through regional service centers, paying day rates or individual job charges for well operations. Founded in 1978 in Vernal, Utah, Graco is headquartered in Frisco, Texas.
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Simplify's Take
What believers are saying
- Graco advertises short- and long-term disability insurance, supporting employees during periods when they cannot work.
- Graco's two-pit trenchless removal method reaches pipelines beneath roads and rivers without excavating a full-length trench.
- Graco's September 2026 mining and underground storage conference sponsorship put its services before specialist audiences.
What critics are saying
- Graco maintains rental-tool inventory, committing capital before customers put the equipment to work.
- Graco's Midland reverse-unit supervisors need 24-hour availability outside approved leave, plus travel and irregular hours.
- Graco's Midland reverse-unit role requires lifting 50 pounds and working around heavy equipment in outdoor weather.
What makes Graco Fishing & Rental Tools Inc unique
- The Rambo family owns and operates Graco, keeping corporate control within the founding family.
- Graco machinists and fishing specialists jointly design custom carbide tools, converting raw stock into rig-ready equipment.
- Graco's cavern-remediation tool cuts upward to remove obstructions while limiting debris introduced into the well.
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