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Dril-Quip Inc.

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About

Dril-Quip is a leading manufacturer of highly engineered drilling and production equipment for use onshore and offshore, which is particularly well suited for use in deep water, harsh environments and severe service applications.

Editor's note: Updated May 18, 2020.

Transactions

Report Date Amount (MM) Description
2020-06-25 --

Dril-Quip, Proserv Form Strategic Partnership for Subsea Offerings

Dril-Quip, Proserv Form Strategic Partnership for Subsea Offerings

Report Date Amount (MM) Description
2017-01-12 $20.00

Dril-Quip Continues Growth With Acquisition Of OPT

Dril-Quip Continues Growth With Acquisition Of OPT

Report Date Amount (MM) Description
2016-11-11 $143.00

Land Ho! Dril-Quip Comes Ashore In $143 Million Deal

Land Ho! Dril-Quip Comes Ashore In $143 Million Deal

2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

New Financings

Report Date Type Amount (MM) Description
2019-02-26 Dril-Quip Inc. Buyback $100.00

Dril-Quip Inc. said that its board of directors has authorized a stock repurchase program under which the…

2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

Oilfield Service Companies Dril-Quip, Innovex to Merge

Dril-Quip Inc. and Innovex Downhole Solutions Inc. will emerge as a new company, Innovex International, with expanded reach in global markets.

E&P Highlights: Feb. 26, 2024

Here’s a roundup of the latest E&P headlines, including interest in some projects changing hands and new contract awards.

Dril-Quip Acquires Great North Wellhead

Dril-Quip has acquired Great North Wellhead and its subsidiaries for approximately $80 million in an all-cash transaction.

Women in Energy: Carri Lockhart, Dril-Quip

Today’s featured 25 Influential Women in Energy honoree is Carri Lockhart, the former CTO and executive vice president of digital and innovation at Oslo, Norway-based Equinor ASA who currently serves as a member of the Dril-Quip board of directors.

EAG Services CEO, Former Equinor CTO Discuss What’s Next for IIoT and E&P

Women in Energy honorees Elizabeth Gerbel, CEO of EAG Services, and Carri Lockhart, Dril-Quip board member and former Equinor CTO, weigh in on what’s next for the industrial internet of things in the oil and gas industry.

Houston’s Dril-Quip Partners with Aker Solutions on Carbon Capture Projects

The agreement focuses on the strengths of both companies to deliver an optimum solution for carbon capture and storage.

Dril-Quip Appoints Kyle McClure as CFO

Houston-based Dril-Quip Inc. has announced that its board of directors has appointed Kyle F. McClure as its vice president and CFO, effective January 1, 2022.

Dril-Quip CFO Raj Kumar to Resign for ‘Another Opportunity’

Dril-Quip said in an Oct. 1 release it had engaged an executive search firm to conduct a search for its next CFO following the resignation of Raj Kumar.

Dril-Quip Appoints Jeff Bird to Succeed Blake DeBerry as CEO

The Dril-Quip board appointed Jeffrey J. Bird to replace Blake T. DeBerry, who will step down by year-end after about 33 years with the Houston-based company including 10 years as its CEO.

Subsea Players ‘Dying to Embrace’ the Energy Transition

Technology providers Dril-Quip, Trendsetter Vulcan Offshore and Proserv Controls share insights on how existing subsea oil and gas technologies and expertise are being used in the renewables space offshore.

BP, Chevron, Dril-Quip, Hess, Kosmos Talk Deep Water

Energy industry leaders say technology and standardization are critical to lowering costs and improving efficiency offshore.

Executive Q&A: Proserv Controls CEO on Driving Force behind Subsea Deal

In this exclusive video interview, Proserv Controls CEO Davis Larssen explains the driving factors behind a strategic subsea partnership with Houston-based Dril-Quip.

Dril-Quip, Proserv Form Strategic Partnership for Subsea Offerings

The partnership with Proserv Group establishes a framework for a bundled offering that will provide a compelling value proposition for Dril-Quip’s subsea customers, CEO Blake DeBerry says.

Dril-Quip Names Jeffrey Bird as COO, Raj Kumar as CFO

Dril-Quip Inc. has promoted Jeffrey J. Bird to president and COO and Raj Kumar to vice president and CFO, effective as of May 14. These new roles will complement the leadership of Blake DeBerry as CEO.

Dril-Quip Receives Recognition for Vertical Subsea Tree System

Dril-Quip Inc. has been presented with a Spotlight on New Technology Award by the Offshore Technology Conference (OTC) on May 5 for its VXTe vertical subsea tree system.