Newsco International Energy Services Overview
- Year Founded
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1994
- Status
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Acquired/Merged
- Employees
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170
- Latest Deal Type
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M&A
- Financing Rounds
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6
Newsco International Energy Services General Information
Description
Provider of directional drilling services intended to streamline operations and enhance safety. The company utilizes proprietary measurement-while-drilling technology, custom software and remote drilling capabilities, providing real-time data to the oil and gas sector to reduce costs and enhance productivity.
Contact Information
Website
www.newsco-drilling.com(Operating Subsidiary)
Corporate Office
- 6623 Willowbrook Park Drive
- Houston, TX 77066
- United States
Corporate Office
- 6623 Willowbrook Park Drive
- Houston, TX 77066
- United States
Newsco International Energy Services Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Newsco International Energy Services Comparisons
Industry
Financing
Details
Newsco International Energy Services Competitors (5)
One of Newsco International Energy Services’s 5 competitors is NOV, a Formerly PE-Backed company based in Houston, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| NOV | Formerly PE-Backed | Houston, TX | ||||
| Superior Energy Services | Corporation | Houston, TX | ||||
| Welltec | Private Equity-Backed | Alleroed, Denmark | ||||
| Weatherford International | Corporation | Houston, TX | ||||
| Parker Wellbore | Corporate Backed or Acquired | Houston, TX |
Newsco International Energy Services Patents
Newsco International Energy Services Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20160312534-A1 | Downhole mud motor with a sealed bearing pack | Active | 19-Mar-2015 | ||
| US-9850709-B2 | Downhole mud motor with a sealed bearing pack | Inactive | 19-Mar-2015 |
Newsco International Energy Services Signals
Newsco International Energy Services Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Newsco International Energy Services FAQs
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When was Newsco International Energy Services founded?
Newsco International Energy Services was founded in 1994.
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Where is Newsco International Energy Services headquartered?
Newsco International Energy Services is headquartered in Houston, TX.
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What is the size of Newsco International Energy Services?
Newsco International Energy Services has 170 total employees.
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What industry is Newsco International Energy Services in?
Newsco International Energy Services’s primary industry is Other Energy Services.
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Is Newsco International Energy Services a private or public company?
Newsco International Energy Services is a Private company.
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What is Newsco International Energy Services’s current revenue?
The current revenue for Newsco International Energy Services is .
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Who are Newsco International Energy Services’s investors?
Buffalo Oilpatch Supply and Oiltanking have invested in Newsco International Energy Services.
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Who are Newsco International Energy Services’s competitors?
NOV, Superior Energy Services, Welltec, Weatherford International, and Parker Wellbore are competitors of Newsco International Energy Services.
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When was Newsco International Energy Services acquired?
Newsco International Energy Services was acquired on 23-Feb-2021.
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Who acquired Newsco International Energy Services?
Newsco International Energy Services was acquired by Sawafi.
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