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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

Main Phone Number
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Transactions

Report Date Amount (MM) Description
2019-07-15 --

Drilling Tools International Acquires WellFence

Drilling Tools International Acquires WellFence

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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News

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 applicationĀ of these advanced tools on their operations.