USR Technology Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 3

  • Investments
  • 1

USR Technology General Information

Description

Provider of oil and gas services catering to international oil and gas companies. The company offers directional drilling services with an emphasis on Ultra-Short Radius (USR), Short Radius (SR) and slim hole applications, deployment of proprietary well intervention technologies, including Rotary Steerable Tools and USR Mud Motors, thereby helping companies in exploiting remaining reserves, increase production from marginal wells, restore production from shut in wells and reduce water production.

Contact Information

Formerly Known As
Heritage Explorations, Heritage Explorations, Inc.
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 20333 State Highway 249
  • Suite 200
  • Houston, TX 77070
  • United States
Primary Industry
Other Energy Services
Acquirer
PearTrack Systems Group
Vertical(s)
Oil & Gas
Corporate Office
  • 20333 State Highway 249
  • Suite 200
  • Houston, TX 77070
  • United States

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USR Technology Valuation & Funding

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

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USR Technology Acquisitions (1)

USR Technology’s most recent deal was a Merger/Acquisition with Heritage Explorations. The deal was made on 26-Jun-2008.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Heritage Explorations 26-Jun-2008 Merger/Acquisition Gold Mining
To view USR Technology’s complete acquisitions history, request access »

USR Technology FAQs

  • When was USR Technology founded?

    USR Technology was founded in 2005.

  • Where is USR Technology headquartered?

    USR Technology is headquartered in Houston, TX.

  • What industry is USR Technology in?

    USR Technology’s primary industry is Other Energy Services.

  • Is USR Technology a private or public company?

    USR Technology is a Private company.

  • What is USR Technology’s current revenue?

    The current revenue for USR Technology is .

  • How much funding has USR Technology raised over time?

    USR Technology has raised $361K.

  • When was USR Technology acquired?

    USR Technology was acquired on 11-Jun-2009.

  • Who acquired USR Technology?

    USR Technology was acquired by PearTrack Systems Group.

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