SPA Drilling Overview

  • Founded

  • 1983

Founded
  • Status

  • Acquired/​Merged

  • Employees

  • 110

Employees
  • Latest Deal Type

  • Buyout/​LBO

  • Financing Rounds

  • 1

SPA Drilling General Information

Description

Provider of oil and gas exploration services. The company is engaged in the provision of contract drilling services through the five gas drilling rigs and three oil drilling rigs that it owns and operates in Texas.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Energy Exploration
Other Industries
Oil and Gas Equipment
Acquirer
Union Drilling
Primary Office
  • 7502 US Highway 277 South
  • Abilene, TX 79606
  • United States

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SPA Drilling Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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SPA Drilling Executive Team (2)

Name Title Board Seat Contact Info
Cliff Smith President
Jim Mayfield Executive
To view SPA Drilling’s complete executive team members history, request access »

SPA Drilling Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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