History

About Us

How We Got Here:

Paul Deere testing tools

The Short Story
With a vision to design and build smarter and more reliable MWD tools, Paul Deere set out as a design consultant. When no one called, he started making his own tools. His decision was a good one, as Tolteq has become the tool of choice for independent companies who do not accept compromise when it comes to what they put downhole.


The Long Story
Tolteq started out, like all enterprises, as an idea. Paul Deere, president and founder of Tolteq, had always wanted to run his own business. But for that to happen, all the pieces would have to fall into place. It was 2003, and Deere faced a major decision: relocate to another city to keep his job, or become unemployed. The answer was simple. The opportunity to pursue his dream had finally arrived.

  • 2003Paul Deere founds Tolteq and consults in the MWD industry
  • 2004Tolteq offers repairs of electronic boards. Triple Power Supply (TPS) is developed and introduced.
  • 2005Solenoid and Pulser Driver (SDU) are introduced
  • 2006Tolteq continues to offer consulting and repairs
  • 2007MCU
    Master Controller Unit (MCU) is introduced
  • 2008Tool Tracker and Solenoid Driver are introduced
  • 2009 Pulser
    Pulser Module (TPM) and GUIDE Surface System are introduced
  • 2010
    Tolteq Fill Station (TFS) is introduced
  • 2011SureMate Centralizer
    iSeries complete tool system (iTPM, iDM, SureMate) is introduced
  • 2012
    Tolteq Compact Tool (TCT) is introduced
  • 2013Top Mount Pulser, SurePulse, SureCircuit, and iGamma are introduced

Original Engineering

Tolteq was born soon after, in the Deere’s garage. Tolteq, a name that evokes Mesoamerican artisanship, was envisioned as a consulting firm for engineering MWD electronics. At the time, the prevailing design was based on the Tensor model, and knock-offs were popping up everywhere. Tolteq would develop a better design, Deere decided, and so the words “Original Engineering” were tacked on to the company logo. There was one problem: Tolteq had entered a market that was careful to try unproven technology. The consulting work was not flooding in, but someone was calling…

“Sure, we’ll fix it…”

Several MWD contractors approached Tolteq, desperate to have their tools maintained and repaired quickly. A new oil boom was happening, and reliable MWD tools were in high demand. An unforeseen source of income had just emerged—though it didn’t exactly involve innovation.

At a Crossroads

Tolteq soon moved out of Deere’s home and into a more “legitimate” location: a bigger garage in an aging industrial park. Tolteq also hired its first employee at this time. As steady revenue streamed in, the original drive towards innovation took a backseat. In order to regain its direction, Tolteq would have to divert its limited resources into research and development, a risky move in a cyclical industry.

Transforming Downhole Data into Downhole Intelligence

Tolteq kicked-off its new research and development effort with an improved board that featured a steadier power supply with less ripple, in a more compact size. Although this design was only an incremental improvement over the legacy technology, it signaled a step in the right direction. Soon thereafter, several smart boards with backwards compatibility would be introduced, such as the MCU that could replace a legacy MPU. Unlike the boards of the day, Tolteq smart technology allowed for several advantages, such as improved efficiency and data storage. A mud pulser followed, with new innovative features and technology. The TPM would finally announce to the world that Tolteq had arrived. To prove its superiority to skeptical customers, the TPM was extensively tested on several occasions, even surviving an unanticipated catastrophic event in which the entire toolstring was destroyed (the TPM retained full functionality). The Tolteq TPM would be well received and develop a core group of followers—soon to expand with the introduction of a complete system.

A Complete Provider

Today, Tolteq features a full array of intelligent MWD tools and support equipment, as well as a suite of software and diagnostic tools designed to make any MWD provider a cutting-edge player in the energy market. Tolteq has multiple products in the works, with an ambitious release schedule that shows no signs of letting up.
Tolteq’s mission has been refined over the past ten years, but its original drive to innovate has not. Tolteq tools are now going downhole in places as far away as China and Siberia, and as newly discovered unconventional sources of oil and gas spring up, Tolteq products will be there to get the job done.