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Turbo Trac USA, Inc.

Turbo Trac's infinitely variable transmission (IVT) increases pump jack production up to 30% while reducing energy and capital expenses

  • Stage Full Product Ready
  • Industry Industrial/Energy
  • Location Frisco, TX, USA
  • Currency USD
  • Founded January 2001
  • Employees 7
  • Website

Company Summary

Turbo Trac USA, Inc.'s patented IVT allows oil producers to control the speed of their pump jacks, therefore maximizing production. It is the only way to do so with an engine driven pump jack and a more efficient way for electric motor driven pump jacks. Customers to date include Oxy, Cimarex, Pioneer and other major oil companies along with smaller producers. Payback on the $30,000 device is usually less than 4-6 months. Total market is >$10B


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    Allen Swenson

    Veteran industrial technology executive with large corporate experience and also has two successful start-up exits. He has led the company for the last six years.

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    Rick Darlow
    VP Business Development

    Launched the go-to-market strategy, has over thirty years of sales and executive experience in the industrial gas, semi-conductor and clean energy industries.

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    David Houghton

    Spent 14 years in various engineering management roles for U.S. Steel and held engineering management assignments in the power and paper industry. He has managed the product development process.


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    Scheef and Stone
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    Montgomery Coscia Greilich LLP

Previous Investors

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    Numerous Angels from Midland
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    Texas Emerging Technology Fund
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    Pillar Capital