HydraWell Overview

  • Founded
  • 2008

Founded
  • Status
  • Private

  • Employees
  • 29

Employees
  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 1

HydraWell General Information

Description

Manufacturer of a range of step-changing proprietary tools for the oil and gas industry. The company specializes in safe plugging and abandonment (P and A), slot recovery and well repair, thereby helping its clients to minimize risk, drive downtime, cost and environmental impact.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Primary Industry
Oil and Gas Equipment
Primary Office
  • Norsea Base
  • Bygg 104
  • 4056 Tananger
  • Norway
+47 51 00 00 00

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HydraWell Valuation & Funding

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

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HydraWell Patents

HydraWell Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2015219578-A1 Hydraulic cutting tool, system and method for controlled hydraulic cutting through a pipe wall in a well, and also uses of the cutting tool and the system Active 18-Feb-2014 0000000000
EP-3108090-B1 Hydraulic cutting tool, system and method for controlled hydraulic cutting through a pipe wall in a well, and also uses of the cutting tool and the system Active 18-Feb-2014 0000000000
EP-3108090-A4 Hydraulic cutting tool, system and method for controlled hydraulic cutting through a pipe wall in a well, and also uses of the cutting tool and the system Active 18-Feb-2014 0000000000
EP-3108090-A1 Hydraulic cutting tool, system and method for controlled hydraulic cutting through a pipe wall in a well, and also uses of the cutting tool and the system Active 18-Feb-2014 0000000000
GB-201612483-D0 Hydraulic cutting tool, system and method for controlled hydraulic cutting through a pipe wall in a well, and also uses of the cutting tool and the system Active 18-Feb-2014 E21B43/114
To view HydraWell’s complete patent history, request access »

HydraWell Executive Team (3)

Name Title Board Seat Contact Info
Mark Sørheim Chief Executive Officer
Stian Vemmestad Chief Financial Officer
Odd Engelsgjerd Co-Founder & Board Member
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HydraWell Board Members (7)

Name Representing Role Since
0ø000 0000000 HydraWell Board Member 000 0000
00000 00000000 HydraWell Board Member 000 0000
000000 00000 HydraWell Board Member 000 0000
000 00000000000 HydraWell Co-Founder & Board Member 000 0000
000-000 00000000 Norvestor Chairman 000 0000
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HydraWell 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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HydraWell Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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