Drilling Tools International Inc. (DTI)
About
Drilling Tools International (DTI) is the leading provider of downhole tools to the land and offshore drilling markets. For 30 years we have delivered world-class customer service and high-quality products. Our fleet includes a complete line of non-magnetic and steel drill collars, pony collars, stabilizers, sub-assemblies, reamers, shock tools and drilling accessories. In addition to these core products, our latest innovation is the Drill-N-Ream patented wellbore conditioning system which allows oil and gas operators to achieve the technical limits of today's drilling challenges. We provide drilling tools to the directional and horizontal drilling industry.
DTI is majority-owned by Hicks Equity Partners, a Dallas-based family office investment group.
Editor's note: Updated July 16, 2019.
Headquarters Address
3701 Briarpark Drive, Suite 150
Houston, TX 77042
United States
Website
www.drillingtools.comMain Phone Number
Transactions
Drilling Tools International Acquires WellFence
Drilling Tools International Acquires WellFence
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
This content is locked until you subscribe
Subscribe to Access
Instantly unlock over 15 years of A&D transactions and financing data.
News
E&P Highlights: Nov. 4, 2024
Here’s a roundup of the latest E&P headlines, including a major development in Brazil coming online and a large contract in Saudi Arabia.
Drilling Tools International to Buy UK’s Titan Tools Services
Drilling Tools International said the acquisition of U.K.-based Titan will enhance its market presence in the North Sea, Europe and Africa.
Superior Drilling Shareholders Approve Buyout by Drilling Tools International
Superior Drilling Products shareholders approved the company’s $32 million acquisition by Drilling Tools International.
Oil and Gas Chain Reaction: E&P M&A Begets OFS Consolidation
Record-breaking E&P consolidation is rippling into oilfield services, with much more M&A on the way.
Drilling Tools International, Superior Drilling Products to Combine
Drilling Tools International said the acquisition of Superior Drilling Products will broaden growth opportunities domestically and internationally, with DTI focusing on expanding its presence in the Middle East.
SEC Targets SPACs with New, Enhanced Disclosure Rules
SPAC IPOs and de-SPAC combinations became a popular means for private companies to access the public markets during the pandemic. Regulators aim to make the SPAC process closer to a traditional IPO.
Drilling Tools International Now Public Post-Merger with SPAC
Drilling Tools International Holdings and ROC Energy Acquisition Corp. have merged, creating Drilling Tools International Corp. in a deal worth $40.8 million in cash from a common stock PIPE and trust account.
2020 Shale Technology Showcase
In this special section, E&P highlights the latest technologies from more than 30 companies, showcasing how these tools are used for developing shale resources and how companies will benefit from the application of these advanced tools on their operations.