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.
Transactions
Houston-based Rival Downhole Tools Acquires Hunting Subsidiary
Houston-based Rival Downhole Tools Acquires Hunting Subsidiary
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News
Houston-based Rival Downhole Tools Acquires Hunting Subsidiary
The acquisition of Hunting’s drilling tool business sets the stage for Houston-based Rival Downhole Tools to expand internationally, CEO Neil Fletcher says.
Roundtable: Coronavirus, Energy and the Future of Work
The oil and gas industry will have to make do with a smaller, in many cases remote, workforce and maintaining cohesion following massive layoffs.