---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-21-006101"
form_type: "8-K"
ticker: "KLNG"
cik: "0001110607"
company_name: "Koil Energy Solutions, Inc."
filed_at: "2021-12-06T23:59:59+00:00"
generated_at: "2026-06-28T03:24:17.539137+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Deep Down enters 10-year lease for 101,320 sq ft facility in Houston; base rent $78,100/month

## Summary
- Lease with Wellbore Integrity Solutions, LLC for 1310 Rankin Road, Houston, TX; 101,320 sq ft of office, warehouse, yard, and parking.
- Term of 10 years with commencement by May 5, 2022; base rent $78,100/month, increasing 2% annually.
- Rent abatement in first year totals $509,000 as part of tenant improvement allowance; base rent includes property taxes and common area costs.
- Facility to be used for fabrication of custom-engineered products like steel flying leads, umbilical accessories, and subsea equipment.

## SEC filing metadata
- accession: 0001683168-21-006101
- form_type: 8-K
- ticker: KLNG
- cik: 0001110607
- company_name: Koil Energy Solutions, Inc.
- filed_at: 2021-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1110607/000168316821006101/0001683168-21-006101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1110607/000168316821006101/deepdown_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-21-006101
- JSON: https://secwatch.observer/filing/0001683168-21-006101.json
- Plain text: https://secwatch.observer/filing/0001683168-21-006101.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.