Rotary Steerable Tools Overview

  • Year Founded
  • 1997

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Rotary Steerable Tools General Information

Description

Developer and designer of drilling technology systems. The company provides rotary steerable system that improves the practice of directional drilling. It also provides wellbore inclination and azimuth control while maintaining continuos drillstring rotation.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 757 Kenrick Drive
  • Suite 124
  • Houston, TX 77060
  • United States
Primary Industry
Oil and Gas Equipment
Acquirer
Vertical(s)
Oil & Gas, Industrials
Corporate Office
  • 757 Kenrick Drive
  • Suite 124
  • Houston, TX 77060
  • United States

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Rotary Steerable Tools Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 01-Oct-2005 Completed Generating Revenue
1. Early Stage VC 22-Mar-2002 Completed Startup
To view Rotary Steerable Tools’s complete valuation and funding history, request access »

Rotary Steerable Tools Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer and designer of drilling technology systems. The company provides rotary steerable system that improves the pr
Oil and Gas Equipment
Houston, TX
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Houston, TX
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00.000
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Sandnes, Norway
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Rotary Steerable Tools Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Baker Hughes Corporate Backed or Acquired Houston, TX 00000 00.000 000000000 00 00.000
Fishbones Venture Capital-Backed Sandnes, Norway 00 0000000000 0
You’re viewing 2 of 2 competitors. Get the full list »

Rotary Steerable Tools Patents

Rotary Steerable Tools Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2002304444-A1 A wellbore directional steering tool Inactive 11-Jun-2001
EP-1402144-A1 A wellbore directional steering tool Active 11-Jun-2001 0000000000
EP-1402144-B1 A wellbore directional steering tool Inactive 11-Jun-2001 0000000000
DE-60207559-T2 Directional drilling Inactive 11-Jun-2001 0000000000
DE-60207559-D1 Directional drilling Inactive 11-Jun-2001 E21B47/024
To view Rotary Steerable Tools’s complete patent history, request access »

Rotary Steerable Tools Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds
Shell Ventures Corporate Venture Capital Minority 000 0000 000000 0
To view Rotary Steerable Tools’s complete investors history, request access »

Rotary Steerable Tools FAQs

  • When was Rotary Steerable Tools founded?

    Rotary Steerable Tools was founded in 1997.

  • Where is Rotary Steerable Tools headquartered?

    Rotary Steerable Tools is headquartered in Houston, TX.

  • What industry is Rotary Steerable Tools in?

    Rotary Steerable Tools’s primary industry is Oil and Gas Equipment.

  • Is Rotary Steerable Tools a private or public company?

    Rotary Steerable Tools is a Private company.

  • What is Rotary Steerable Tools’s current revenue?

    The current revenue for Rotary Steerable Tools is 000000.

  • Who are Rotary Steerable Tools’s investors?

    Shell Ventures has invested in Rotary Steerable Tools.

  • Who are Rotary Steerable Tools’s competitors?

    Baker Hughes and Fishbones are competitors of Rotary Steerable Tools.

  • When was Rotary Steerable Tools acquired?

    Rotary Steerable Tools was acquired on 01-Oct-2005.

  • Who acquired Rotary Steerable Tools?

    Rotary Steerable Tools was acquired by Halliburton.

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