Power Swivels
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1980 - Larry Keast started Venturetech in his garage
to design and manufacture new ventures in
technical equipment. Larry's bio.
Within two years, he decided that power swivels were an interesting and exciting business niche
that needed competition and development. Venturetech then began building a well-respected international
business offering parts and service for all all brands of power swivels, buying and refurbishing old units,
and building new power units. Business struggled forward during many years of oilfield ups and downs.
2000 - After several years of engineering, Venturetech proudly introduced the XK-90 and XK-150 power swivels through our new partnership, Swivel Engineering, LP. We have 8 employees at this time. 2001 - We started hiring America's "unemployables", people in recovery from drugs & alcohol, and ex-offenders, and this began the exciting transformation of our team. 2002 - We bought and moved into our 22,000 square foot manufacturing facility with a 10-ton bridge crane and two-acre concrete yard. Our well organized shop and production control "war room" allow us to serve customers efficiently, and we're getting better all the time. 15 people by now. 2003 - Our first power swivel patent was received. We started America in Recovery to help America's small businesses replicate our hiring success. See www.americainrecovery.org . We're up to 20 people. 2004 - The XK-250 was introduced and our top drive patent was issued. 26 people. 2005 - We bought four more acres next door and flew the Texas Longhorn flag in honor of U.T.'s football national championship. 35 people. 2006 - Our 25,000 ft-lb test rig is in the final design stage. 47 people. 2007 - Our patented portable top drive is under development and our test rig is under construction. 52 people. We were awarded the Fast 100 Enterprise Champion Award by the Houston Business Journal for rapid growth, patriotism, and community service. See this nice article if you have Adobe Reader. 2008 - Top Drive in final development stage. Test Rig being completed. API/ISO 9001 Quality Control System to be completed. Sales and Production continue to increase. 
Some of our crew with our cute little 5-ton pickup (CAT 3208-powered)
 Like our owner, our people are a bunch of motor heads who love cars, trucks, Jeeps, and motorcycles. This enthusiasm translates very well to our power swivel machinery with its diesel engines, technical hydraulics, and air controls. Down to the last detail, we pay attention to quality, simplicity, and reliability, and we all feel a great sense of pride when a new unit is ready to ship. We run a squared away organization and are proud to lead our field.
 Engineering designer Jim Strickland kayaking on Armand Bayou.
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