SPA Drilling Overview

  • Year Founded
  • 1983

Year 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
Corporate 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
Jim Mayfield Executive
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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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SPA Drilling FAQs

  • When was SPA Drilling founded?

    SPA Drilling was founded in 1983.

  • Where is SPA Drilling headquartered?

    SPA Drilling is headquartered in Abilene, TX.

  • What is the size of SPA Drilling?

    SPA Drilling has 110 total employees.

  • What industry is SPA Drilling in?

    SPA Drilling’s primary industry is Energy Exploration.

  • Is SPA Drilling a private or public company?

    SPA Drilling is a Private company.

  • What is SPA Drilling’s current revenue?

    The current revenue for SPA Drilling is 000000.

  • When was SPA Drilling acquired?

    SPA Drilling was acquired on 06-Apr-2005.

  • Who acquired SPA Drilling?

    SPA Drilling was acquired by Union Drilling.

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