- Business
- United Drilling Tools Limited manufactures high-performance oilfield equipment for upstream oil and gas operations, including large OD multi-start casing connectors and casing pipes, wireline winches, gas lift equipment such as wireline retrievable injection pressure operated valves and side pocket mandrels, and downhole tools like integral blade stabilizers and drilling stabilizers. The company produces these products to international standards including ISO 9001-2015, ISO 14001-2015, ISO 45001-2018, and API specifications (licenses 5CT-0565, 5L-0424, 7-1-0393, 19G1-0008, 19G2-0010), with manufacturing facilities featuring advanced CNC lathes, VTLs, VMCs, milling and drilling machines, cylindrical grinders, fabrication and testing shops, and quality assurance for destructive and non-destructive testing. Founded in 1985 and headquartered in Noida, Uttar Pradesh, India, United Drilling Tools serves drilling, completion, production, and intervention applications for onshore and offshore wells worldwide, exporting to markets including the UK, USA, Canada, Russia, Indonesia, Brazil, Oman, Kazakhstan, UAE, Vietnam, Australia, Nigeria, Cameroon, and Saudi Arabia. In recent developments, the company commenced operations at its new manufacturing plant near Mundra Port in Gujarat in 2021, spread over 35 acres with an initial capital outlay of INR 150 million funded through internal accruals, targeting 50-70% incremental revenues and enhanced supply chain efficiency; it continues construction progress with 25-30% completion reported in FY24 and commercial production slated for FY25, alongside securing major orders such as Rs 5.63 crore from Halliburton Offshore Services Inc. for casing pipes with Leopard multi-start connectors in 2025, export orders from Union Venezuela Servicios C.A. for gas lift equipment, Argentera Oil and Gas in Brazil for Petrobras supply, and Petroleum worth Rs 21.94 million.