Ulterra Drilling Technologies - Ownership and Business Overview

Energy Services And EquipmentCompany

Ulterra Drilling Technologies Ownership

Who owns Ulterra Drilling Technologies?

Ulterra Drilling Technologies is owned by The Blackstone Group. It was acquired on October 23, 2018.

Is Ulterra Drilling Technologies PE-backed?

Yes. Ulterra Drilling Technologies is owned by private equity investor The Blackstone Group.

Was Ulterra Drilling Technologies formerly PE-backed?

Yes. Ulterra Drilling Technologies was formerly owned by 3 private investors.

Ulterra Drilling Technologies Business Overview

Where is Ulterra Drilling Technologies headquartered?

Ulterra Drilling Technologies is headquartered in Fort Worth, Texas.

What sector is Ulterra Drilling Technologies in?

Ulterra Drilling Technologies is an energy services and equipment company.

When was Ulterra Drilling Technologies founded?

Ulterra Drilling Technologies was founded in 1927.

Energy Services And Equipment M&A Summary in 2018

Out of 60 sectors in the Mergr database, energy services and equipment ranked 19 in number of deals in 2018. The largest energy services and equipment acquisition in 2018 was Andeavor - which was acquired by Marathon Petroleum for $35.6B.

Join Mergr to view all 116 acquisitions of energy services and equipment companies in 2018, including 31 acquisitions by private equity firms, and 85 by strategics.

Ulterra Drilling Technologies

Ulterra Drilling Technologies LP

420 Throckmorton Street Suite 1110,
Fort Worth, Texas 76102
United States,
(817) 293-7555
www.ulterra.com

Ulterra Drilling Technologies is an independent supplier of polycrystalline diamond compact drill bits to the oil and gas industry. Ulterra currently has a leading position in many of the most active U.S. onshore oil and gas basins, including the Permian and Eagle Ford, and has a growing presence internationally. Ulterra’s singular focus on PDC drilling technology allows it to deliver the highest level of customer service and customization to producers across a wide range of basins and geological formations, driving industry leading performance and durability.


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