Rival Downhole Tools

About

Headquartered in the Energy Corridor in Houston, Rival Downhole Tools rents, sells and services best-in-class drilling and thru tubing motors and tools to the upstream oil and gas industry. Founded in 2002 the company leverages its Ashmin legacy, as an engineering firm focused on the creation of new technology, for licensing to service companies, rental tool suppliers, drilling contractors and E&P companies.

Editor's note: Updated Sept. 2, 2020.

Headquarters Address

Houston, TX
United States

News

The acquisition of Hunting’s drilling tool business sets the stage for  Houston-based Rival Downhole Tools to expand internationally,…

The oil and gas industry will have to make do with a smaller, in many cases remote, workforce and maintaining cohesion following…

Transactions

Report Date Amount (MM) Description
2020-12-15

Houston-based Rival Downhole Tools Acquires Hunting Subsidiary

Houston-based Rival Downhole Tools Acquires Hunting Subsidiary