Ulterra Drilling Technologies Overview
- Year Founded
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1927
- Status
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Acquired/Merged
- Employees
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500
- Latest Deal Type
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M&A
- Financing Rounds
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7
- Investments
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1
Ulterra Drilling Technologies General Information
Description
Manufacturer of drilling tools and components used to drill oil and gas wells. The company specializes in offering cutters, blades and ripsaws made using polycrystalline diamond materials and drill bits, thereby enhancing drilling performance with higher rates of penetration as well as changing drilling dynamics with multiple-bit designs.
Contact Information
Website
www.ulterra.com(Operating Subsidiary)
Corporate Office
- 201 Main Street
- Suite 1660
- Fort Worth, TX 76102
- United States
Corporate Office
- 201 Main Street
- Suite 1660
- Fort Worth, TX 76102
- United States
Ulterra Drilling Technologies Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Ulterra Drilling Technologies Comparisons
Industry
Financing
Details
Ulterra Drilling Technologies Competitors (2)
One of Ulterra Drilling Technologies’s 2 competitors is Oliden Technology, a Venture Capital-Backed company based in Stafford, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Oliden Technology | Venture Capital-Backed | Stafford, TX | ||||
| Superior Energy Services | Corporation | Houston, TX |
Ulterra Drilling Technologies Patents
Ulterra Drilling Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240401413-A1 | Drill bits and other downhole drilling tools with non-cylindrical cutter pockets | Pending | 30-May-2023 | ||
| US-20220243538-A1 | Drill bit | Active | 02-Feb-2021 | ||
| CA-3206175-A1 | Drill bit | Pending | 02-Feb-2021 | ||
| EP-4288635-A1 | Drill bit | Pending | 02-Feb-2021 | ||
| US-12071817-B2 | Drill bit | Active | 02-Feb-2021 | E21B10/567 |
Ulterra Drilling Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Ulterra Drilling Technologies Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Ulterra Drilling Technologies Investments (1)
Ulterra Drilling Technologies’s most recent deal was a Buyout/LBO with United Diamond. The deal was made on 20-Dec-2007.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| United Diamond | 20-Dec-2007 | Buyout/LBO | Oil and Gas Equipment |
Ulterra Drilling Technologies FAQs
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When was Ulterra Drilling Technologies founded?
Ulterra Drilling Technologies was founded in 1927.
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Where is Ulterra Drilling Technologies headquartered?
Ulterra Drilling Technologies is headquartered in Fort Worth, TX.
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What is the size of Ulterra Drilling Technologies?
Ulterra Drilling Technologies has 500 total employees.
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What industry is Ulterra Drilling Technologies in?
Ulterra Drilling Technologies’s primary industry is Oil and Gas Equipment.
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Is Ulterra Drilling Technologies a private or public company?
Ulterra Drilling Technologies is a Private company.
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What is the current valuation of Ulterra Drilling Technologies?
The current valuation of Ulterra Drilling Technologies is .
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What is Ulterra Drilling Technologies’s current revenue?
The current revenue for Ulterra Drilling Technologies is .
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How much funding has Ulterra Drilling Technologies raised over time?
Ulterra Drilling Technologies has raised $97.5M.
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Who are Ulterra Drilling Technologies’s investors?
Amberjack Capital Partners, American Securities, Blackstone, Cherington Capital, and Weir ESCO have invested in Ulterra Drilling Technologies.
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Who are Ulterra Drilling Technologies’s competitors?
Oliden Technology and Superior Energy Services are competitors of Ulterra Drilling Technologies.
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When was Ulterra Drilling Technologies acquired?
Ulterra Drilling Technologies was acquired on 14-Aug-2023.
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Who acquired Ulterra Drilling Technologies?
Ulterra Drilling Technologies was acquired by Patterson Uti Energy.
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