QPS Engineering, LLC Company Profile

Background

QPS Engineering, LLC (QPSE), founded in 2009, specializes in providing comprehensive Engineering, Procurement, and Construction (EPC) services tailored for the oil and gas industry. The company's mission is to deliver integrated project solutions by leveraging top-tier industry talent and the robust financial backing of Quanta Services, Inc., a Fortune 400 company. With a workforce of approximately 175 professionals, QPSE offers a full spectrum of services, including engineering and design, project and program management, procurement, and document management. The company's headquarters are located in Tulsa, Oklahoma, with additional offices globally.

Key Strategic Focus

QPSE's strategic focus centers on delivering end-to-end EPC solutions for the oil and gas sector. The company emphasizes:

Engineering & Design: Offering a comprehensive range of engineering and design services to provide total solutions for clients.

Project/Program Management: Utilizing a project management system adaptable to diverse project requirements, led by PMP-certified project managers.

Procurement & Document Management: Implementing efficient procurement processes and robust document management systems to ensure project success.

By integrating these services, QPSE aims to manage project interfaces effectively, providing singular contractual responsibility under a financially strong organization.

Financials and Funding

QPSE operates as a subsidiary of Quanta Services, Inc., which provides substantial financial support. The company's estimated annual revenue is approximately $25 million, with a revenue per employee of $245,000. This financial stability enables QPSE to invest in advanced technologies and expand its service offerings.

Pipeline Development

QPSE is actively involved in several projects, including:

US40 West Trail Connection Project: Providing engineering services for this initiative in Steamboat Springs, Colorado.

South Englewood Storm Sewer Outfall: Engaged in engineering design services for this project in Englewood, Colorado, with an estimated value of less than $20 million.

Griswold WPF Solids Handling Improvements: Offering engineering services for this project in Aurora, Colorado.

These projects underscore QPSE's commitment to delivering high-quality engineering solutions across various sectors.

Technological Platform and Innovation

QPSE distinguishes itself through the integration of advanced technologies and innovative methodologies, including:

Proprietary Technologies: Utilizing cutting-edge tools and software to enhance engineering and design processes.

Scientific Methods: Employing advanced project management systems and methodologies to ensure optimal project execution.

These capabilities enable QPSE to deliver efficient and effective solutions tailored to client needs.

Leadership Team

QPSE's leadership comprises experienced professionals dedicated to driving the company's success:

Mark Falconer: Owner, providing strategic direction and oversight.

Randy Bostick: Vice President, overseeing key operational aspects.

Rick Weninger: Vice President of Operations, managing day-to-day operations.

David White: Vice President of Technical Services, Facilities, leading technical service initiatives.

Chuck Davis: Office Services Manager, ensuring efficient office operations.

This team brings a wealth of experience and expertise, positioning QPSE for continued growth and success.

Leadership Changes

As of the available information, there have been no recent significant changes or appointments within QPSE's leadership team.

Competitor Profile

Market Insights and Dynamics:

The oil and gas engineering services market is characterized by steady growth, driven by increasing energy demands and infrastructure development. Companies in this sector must adapt to evolving technologies and regulatory environments to maintain competitiveness.

Competitor Analysis:

QPSE faces competition from several firms offering similar services:

P2 Energy: Headquartered in Denver, Colorado, P2 Energy provides software solutions for the energy sector, focusing on data management and analytics.

Quorum: Based in Houston, Texas, Quorum offers software and services for energy companies, specializing in business process automation.

NeoFirma: Located in Richardson, Texas, NeoFirma provides cloud-based software solutions for oil and gas companies, focusing on operational reporting and data management.

These competitors emphasize technological solutions, highlighting the importance of innovation in maintaining a competitive edge.

Strategic Collaborations and Partnerships

QPSE collaborates closely with other Quanta Services companies to deliver integrated project solutions. This partnership enhances QPSE's capabilities, allowing for seamless project execution and expanded service offerings.

Operational Insights

QPSE's strategic considerations include:

Market Position: Leveraging its affiliation with Quanta Services to enhance credibility and financial stability.

Competitive Advantages: Offering comprehensive EPC services with a focus on managing project interfaces effectively, providing clients with singular contractual responsibility.

These factors contribute to QPSE's strong market presence and client trust.