See the full article Here.
The former NASCAR golden boy has been part of the Houston business world for 10 years, but he is far from idling. In early March, Hillin’s newest company, T-Rex Engineering & Construction LC, completed a roughly $8 million purchase of Houston-based offshore equipment fabricator Delcor USA Inc. That company has existed since 1945, and both parties agree that its reputation and corporate culture will be preserved within T-Rex, which is less than three years old.

After growing his first company, Texas ReExcavation LC, in 2001, Hillin wanted to expand into the subsea fabrication business and started T-Rex. In its initial stages, the company worked out of a shop of about 32,000 square feet on less than two acres in the Heights just south of West 11th Street and Ella Boulevard.

“We’re building large subsea structures, and we had a lot of clients saying, ‘We like what you’re doing but unless you can build a larger size and volume, we’re only going to go so far,’ ” Hillin said. “I think it’s critical we found a facility soon because I felt like our clients were about to turn away from us.”

Delcor’s fabrication facility on Jacintoport Boulevard in south Channelview boasts 32 acres, and is more than double T-Rex’s facility at 65,000 square feet. T-Rex is moving into the new digs this week.

Along with the property came more than 70 employees, and T-Rex has hired at least 60 of those, including a few key members of senior management. That includes Jim Walsh, the former CEO of Delcor. Walsh will serve in an advisory capacity for about two years with T-Rex.

“This company is kind of my baby, and to see Bobby treat it with so much respect is very satisfying,” Walsh said. “One of our primary criteria, other than obviously getting the best price, was protecting the employees. Bobby’s group was in the same business we were in and was looking to expand that business. So he committed to hiring the employees and has been very good about that.

“We were one of the better known subsea builders on the Gulf Coast,” Walsh said. “But when Macondo hit and the moratorium was placed on drilling, work was just brought to a standstill. We decided that we wanted to work with T-Rex because they were looking for expansion. I think the subsea market is going to expand exponentially in five years. The pent-up demand is going to make for a very exciting market. T-Rex is definitely going to be a leader in that industry.”

Acquisition creates one of the premier fabrication companies in the offshore energy industry.

HOUSTON, March 14, 2011 /PRNewswire/ — T-Rex Engineering & Construction, L.C. (T-Rex) announces the recent asset acquisition from Delcor USA, Inc. This significantly expands T-Rex’s fabrication capabilities for the offshore oil & gas industry. “This facility, which is located on Carpenter’s Bayou near the Houston Ship Channel, gives T-Rex the ability to build large structures, both topside and subsea, required for any project, in any water depth,” said Gary A. Sidwell, President of T-Rex.

The facility specifications include: 63,000 square foot fabrication building, 10 overhead cranes and 1,200 linear feet of waterfront bulkhead that can accommodate up to 5,500 short tons capacity load-outs.

Product offerings include build-to-specification Pipeline End Terminals and Manifolds (PLETs / PLEMs), Umbilical Termination Assembly (UTA) frames, Pig Launchers, Process Piping and skid packages, In-line Sleds (ILS), Manifolds, Jumpers, Spreader Bars, riser blades, mudmats, topside and quarters packages, pipeline and other related offshore equipment.

T-Rex is closely held and headed by Bobby Hillin, Jr. Hillin, a former NASCAR top-level series winner, is using skills he honed in professional motorsports to build T-Rex into a winning organization. “The components for success are very similar: Safety, Quality and Teamwork are just three tenets that we use to challenge each other on a daily basis,” stated Hillin. “This added capacity gives T-Rex the ability to compete in the global energy marketplace.”

About T-Rex Companies:

T-Rex Engineering & Construction, L.C., founded in 2008, provides engineering support and fabrication services to the offshore oil & gas industry. For more information, please visit trexec.com.

Texas ReExcavation, L.C., founded in 2001, provide services in the fields of municipal utility construction, non-destructive vacuum excavation, and subsurface utility engineering. For more information, please visit tex-rex.com.

Both are headquartered in Houston, TX.

About Delcor USA, Inc.:

Delcor USA, Inc. (Delcor, formerly Delta Engineering Corporation) has more than 60 years of fabrication experience. Delcor is a leading building and subsea module fabrication company for the Gulf Coast, West Africa, South America and Europe. Capabilities include subsea modules, living quarters, engineered facilities, general steel fabrication, for the upstream and downstream oil and gas production industry. Delcor is headquartered in Houston, TX. For more information, please visit delcor-usa.com.

Media Relations Contact:

Tim Thompson- 713-783-3363

Tim.thompson@trexec.com
http://www.prnewswire.com/news-releases/t-rex-engineering–construction-lc-acquires-delcor-usa-assets-117962459.html

Our new facility is located at:
16425 Jacintoport Blvd.
Houston, TX 77015

The full EP Magazine Article can be viewed here.

In the end, we produced 12 Unique PLETS , designed the structure for their tie-in to Exxon’s existing Export line, and produced 3Ds Max animations of the first ever subsea Oil & Gas separator. You can read more about our involvement of the Perdido project here.

Shell Oil has produced its first oil and natural gas from the Perdido development, located about 250 miles (402 km) south of Houston in the ultra-deepwater sector of the Gulf of Mexico (GoM). The world’s deepest offshore drilling and production facility, Perdido sits in approximately 8,000 ft (2,450 m) of water, which is roughly equivalent to six Empire State buildings stacked one atop the other, and will access reservoirs deep beneath the ocean floor. The production spar and is 60 miles (97 km) beyond any existing developments in the GoM.

The new company will focus on the construction of offshore oil and gas equipment including build‐to‐specification Pipeline End Terminals and Manifolds (PLETs / PLEMs), Umbilical Termination Assembly (UTA) frames, Pig Launchers, Process Piping, In‐line Sleds (ILS), Manifolds, Jumpers, Spreader Bars and other related equipment. Gary A. Sidwell, PE, SECB, founder of GSPE Engineering, Inc. (GSPE), has been named President of the new group.

News Sources

Energy Current:

http://www.energycurrent.com/index.php?id=2&storyid=17792

Offshore Magazine:

http://www.offshore-mag.com/index/article-display/360872/s-articles/s-offshore/s-company-news/s-us-gulf-of-mexico/s-texas-reexcavation-acquires-gspe-engineering.html

Offshore Inn:

http://news.offshoreinn.com/oil-and-gas-news/texas-reexcavation-acquires-gspe-engineering/

Petroleum Economist Magazine:

http://www.petroleum-economist.com/default.asp?page=14&PubID=46&ISS=25406&SID=720389

Pipeline & Gas Journal:

http://pipelineandgasjournal.com/june-company-news-mergers-and-acquisitions?page=show

The Houston Chronicle
http://www.chron.com/disp/story.mpl/business/energy/6403902.html

Offshore Magazine
http://www.offshore-mag.com/display_article/360872/9/ONART/none/COMPN/1/Texas-ReExcavation-acquires-GSPE-Engineering/

Energy Current
http://www.energycurrent.com/index.php?id=2&storyid=17792

Subsea World
http://subseaworld.com/company/t-rex-completes-acquisition-and-creation-of-new-company-02987.html

Oil & Gas Investor
http://www.oilandgasinvestor.com/Headlines/2009/WebMay/item37690.php

HOUSTON—April 30, 2009– The founders of Texas ReExcavation, LC, a Houston-based oilfield services company, proudly announce the acquisition of GSPE Engineering, Inc. and the formation of T-Rex Engineering & Construction, LC (T-Rex E&C). The new company will focus on the construction of offshore oil & gas equipment including build-to-specification Pipeline End Terminals and Manifolds (PLETs / PLEMs), Umbilical Termination Assembly (UTA) frames, Pig Launchers, Process Piping, In-line Sleds (ILS), Manifolds, Jumpers, Spreader Bars and other related equipment. Gary A. Sidwell, PE, SECB, founder of GSPE Engineering, Inc. (GSPE), has been named President of the new group.

GSPE started operations in 1986 servicing the offshore oil & gas industry analyzing and designing jackups, drilling packages, deep-water platforms and decks, and semi-submersibles. In the early 1990s, GSPE analyzed and designed deck modules for Shell’s TLPs and later developed subsea structures for Shell, BP and other offshore operators. Notable subsea projects include all PLETs for the Nakika, Llano, Princess and Perdido fields.

With its new ability to offer engineering and design services, T-Rex E&C can work with other offshore and subsea engineering firms with a clear understanding of both the purpose and function of the structures they have developed. “Basically, we speak their language and we believe we are unmatched in our ability to provide engineering services as an independent fabrication company. This integration gives T-Rex E&C the means to take on a project at any stage, ensuring a smooth transition for our clients and resulting in fewer change orders and lower costs,” said Sidwell.

“We welcome GSPE into the T-Rex family as this dynamic new team brings a wealth of deepwater engineering experience to our fabrication and construction division. The combined team now has extensive experience in design, analysis, and fabrication utilizing the latest technology,” said Bobby Hillin Jr., CEO of TRex Companies. “T-Rex E&C offers a wide range of services, from the detailed FEA analysis of machined parts to global analysis and design of offshore structures in the Gulf of Mexico and beyond,” added Sidwell.

Hillin, a former NASCAR Driver and winner of the Talladega 500, is using skills he learned in professional motorsports to build T-Rex into a winning organization. “The components for success are very similar: Safety, Quality and Teamwork are just three tenets that we use to challenge each other on a daily basis,” stated Hillin.

About T-Rex Companies:

T-Rex Companies, founded in 2001, provides services in the fields of municipal utility construction, structural design, engineering and fabrication, non-destructive vacuum excavation, and subsurface utility engineering. Revenues for 2009 are expected to reach $9MM. The company employs 70 people and is headquartered in Houston, Texas. For more information, please visit trexec.com.

Media Relations Contact:
Tim Thompson- 713-783-3363
Tim.thompson@trexec.com