D&L Oil Tools, a company that provides downhole tools to both domestic and international oil exploration markets, held its Grand Opening and Ribbon-Cutting Ceremony at its new facility located at 1915 South 49th West Avenue on October 7. The $4.9 million expansion includes the renovations of a 62,000-square-foot facility, which houses quality assurance, shipping and receiving, assembly, saw and raw materials, engineering and a new warehouse.
The event included a ribbon cutting and remarks from D&L Oil Tools CEO, Lee Eslicker; D&L Oil Tools Vice President of Operations, Dan Eslicker; Oklahoma’s Secretary of State, Chris Benge; Oklahoma Secretary of Energy, Michael Teague; and President and CEO of the Tulsa Regional Chamber, Mike Neal.
“At D&L, we have many hardworking and dedicated employees that made this grand opening a possibility, “said D&L Oil Tools CEO, Lee Eslicker. “I can say without a doubt that I have never been so optimistic about our company’s future.”
In addition to the expansion, a $2.9 million investment was made in D&L’s current facility with the purchase of the Okuma Multus B750-W 4000. The machine includes heavy duty motors and dual spindles so parts can be completed from raw material. The machines thermal deformation compensation ensures part accuracy and collision avoidance that protects the machine from errors.
“This expansion and purchase of the Okuma Multus B750-W 4000 helps give our customers a peace of mind in knowing their purchases are coming from a quality manufacturer,” said D&L Oil Tools Vice President of Operations, Dan Eslicker. “We now have the capacity to make and ship a product out in the same day, and that’s what our customers need.”
D&L Oil Tools currently has 345 employees, including the additional 65 workers that were hired with the new expansion. D&L has experienced a 250 percent increase in employees in the past 5 years, more than doubling its workforce since 2009.
“Without companies such as D&L Oil Tools to support Tulsa’s Oil and Gas sector, our economy would not thrive,” said Secretary of State, Chris Benge. “I applaud D&L Oil Tools not only on its role in Tulsa’s economy, but its role as a valued community partner in our city.”