Drilling Tools International Corp.

About Drilling Tools International Corp.

Drilling Tools International (DTI) is a leading oilfield services company that manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. Established in 1984, DTI operates from service and support centers across North America and has international centers in the EMEA and APAC regions.

Products & Services

Directional Tool Rentals:Includes stabilizers, drill collars (non-mag & steel), hole openers, downhole filters, sub assemblies, and drilling accessories for directional drilling.

Next Generation Stabilizers:Advanced stabilizers like FixedBlade for improved drilling performance.

Wellbore Optimization:Tools like Drill-N-Ream and RotoSteer for conditioning wellbores and enabling longer-reach horizontal wells.

Premium Pipe Rentals: Tubular Rentals:Offers drill pipe, Hevi-Wate drill pipe, drill collars (steel), handling tools, subs, and BOPs for drilling operations.

Deep Casing Tools:Technologies for well construction, casing recovery, plug & abandon enhancement, and slot recovery enhancement.

Diamond Products:PDC product manufacturing, tool refurbishment, and prototype support for drilling tool design.

Product Sales:Includes downhole desander for production purposes.

Production Tools:Features Stinger Oil Tools and friction reduction technology (Slick Tools).

Manufacturing:Sales and manufacturing services for drilling tools.

Inspection Services:Downhole inspection solutions for drilling, completion, and production.

Specialties

Horizontal and Directional Drilling Downhole Drilling Tools Manufacturing Tool Rentals Wellbore Optimization Deep Casing Technologies

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 25000000 MR: - FA: $25 million FAN: 25000000	D: 2024-03-18 FD: 2024-03-18	1 investors

Debt Latest

2024-03-18

$25.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

W

Wayne Prejean

President and CEO

D

David Johnson

Chief Financial Officer

M

Mike Domino

President

A

Aldo Rodriguez

Vice President of Sales

T

Troy Meier

President

T

Trent Pope

Vice President

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