What Drilling Tools International does

Drilling Tools International Corp. (NASDAQ: DTI) is a Houston-headquartered oilfield services company that manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. Founded in 1984 as Directional Rentals and rebranded in 2014, DTI went public in June 2023 via a SPAC business combination with ROC Energy Acquisition Corp. and trades on NASDAQ under the ticker DTI. The company operates 26 service and support centers — 15 across North America (Permian, Eagle Ford, Bakken, Mid-Continent) and 11 across EMEA and APAC (UK, Netherlands, Germany, UAE, Saudi Arabia, Malaysia, Australia) — employing 251–500 people and generating approximately $159.6 million in FY2025 revenue.

DTI's product portfolio spans the full well lifecycle through rental and manufacturing operations. Core offerings include directional tool rentals (stabilizers, drill collars, hole openers, subs, drilling accessories), premium pipe rentals (drill pipe, hevi-wate drill pipe, BOPs, pressure control), and a suite of wellbore optimization technologies including the patented Drill-N-Ream® wellbore conditioning system and RotoSteer™ extended reach drilling tool. Following four acquisitions in 2024–2025 — Deep Casing Tools (UK), Superior Drilling Products (now Diamond Products Division, $32.2M), European Drilling Projects (now Next Gen Stabilizers & Reamers), and Titan Tools Services — the company added PDC bit manufacturing, RSS Sleeve technology, ClearPath stabilizers, casing/cementing tools, and downhole wellsite access technology (WellFence). Supporting services include Downhole Inspection Solutions (NDT to ASNT/API standards) and the Compass customer portal for order management.

DTI generates revenue through three streams: (1) tools rental revenue on a recurring basis from operators and service companies; (2) product manufacturing and one-time sales of PDC products, stabilizers, hole openers, and completion/production tools; and (3) inspection and engineering services. Pricing is not publicly disclosed and is negotiated through a direct sales force. The company targets two primary customer segments — major oil and gas operators and oilfield service companies — across both onshore US land and offshore (including Gulf of Mexico and international) drilling environments. Following HHEP's distribution of remaining shares in Q1 2026, DTI operates as a fully independent, broadly held public company.

Name

Drilling Tools International

Legal name

Drilling Tools International Corp.

Website

https://drillingtools.com

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

251–500 employees

Short description

Drilling Tools International (NASDAQ: DTI) is a Houston-based oilfield services company that manufactures and rents patented downhole drilling tools — including stabilizers, reamers, drill collars, and premium pipe — for horizontal and directional drilling. It serves oil and gas operators and service companies through 26 global service centers and manufacturing facilities.

Ownership category

akta.pro rank

Product category

Oilfield Equipment & Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Support Activities for Oil and Gas Operations (213112), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

akta.pro secondary industries

Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH), Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Drill Tools, Bits & Downhole Equipment (IMAHAMAB)

Keywords

• Downhole drilling tools
• Oilfield services
• Wellbore conditioning
• Directional drilling tools
• Tubular rentals

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices24 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Tools Rental Revenue: DTI rents downhole drilling tools including directional tools, stabilizers, drill collars, and premium pipe rentals to oil and gas operators. Rental operations generate recurring revenue through equipment rental agreements at service centers across North America and internationally.
2. Product Manufacturing and Sales: DTI manufactures and sells downhole drilling tools including PDC products, stabilizers, hole openers, drill accessories, completion and production tools. Manufacturing facilities include the Diamond Products Division (formerly Superior Drilling Products) in Broussard, LA and Vernal, UT.
3. Inspection Services: Downhole Inspection Solutions provides non-destructive testing services including magnetic particle inspection, liquid penetrant inspection, electromagnetic testing, ultrasonic testing, and visual testing for drilling equipment.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Drilling Tools International manufactures and rents downhole drilling tools, tubular products, and wellbore optimization technologies used in horizontal and directional drilling of oil and natural gas wells. The company operates 26 service and support centers across North America, EMEA, and APAC, providing rental equipment, manufactured PDC tools, completion products, downhole inspection services, and engineering support to oil and gas operators and oilfield service companies.

Product overview

Drilling Tools International (DTI) is an oilfield services company that manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. The company operates from service and support centers across North America and internationally in EMEA and APAC regions. The product portfolio consists of multiple interconnected offerings: the core Directional Tool Rentals business provides stabilizers, subs, collars, and drilling accessories; the Wellbore Optimization segment includes Drill-N-Ream wellbore conditioning technology and RotoSteer extended reach drilling tools; Premium Pipe Rentals supplies tubular products including drill pipe and pressure control equipment; Deep Casing Tools (acquired 2024) offers well construction and abandonment technology; the Diamond Products Division (formerly Superior Drilling Products, acquired 2024) handles PDC tool manufacturing and refurbishment; and Next Generation Stabilizers (formerly European Drilling Projects, acquired 2024) provides advanced stabilizers and RSS sleeves. Supporting services include Downhole Inspection Solutions, the Compass customer portal for order management, and Manufacturing/Sales operations. The company has roots dating back to 1984 and trades on NASDAQ under symbol DTI.

Differentiator

Problem solved

Functional benefit

Brands

• Premium Pipe Rentals: Dedicated to providing premium tubular rentals including drill pipe, hevi-wate drill pipe, handling tools, BOPs, and pressure control equipment for the North American market
• Deep Casing Tools
• Diamond Products Division
• Downhole Inspection Solutions
• Compass
• Drill-N-Ream
• RotoSteer
• ClearPath
• WellFence
• European Drilling Projects (EDP)

Products and services

• Directional Tool Rentals
• ClearPath Stabilizers
• RSS Sleeve
• Dome Hybrid Reamer
• Drill-N-Ream® Wellbore Conditioning Technology
• RotoSteer™ Extended Reach Drilling Tool
• Premium Pipe Rentals
• Deep Casing Tools Downhole technology solutions including Target Depth Technology, Plug and Abandonment Enhancement, and Slot Recovery Enhancement for well construction and abandonment operations.
• Diamond Products Division (PDC Manufacturing) PDC tool design, engineering, manufacturing, and refurbishment services, including PDC product manufacturing, tool refurbishment, and prototype product support for downhole drilling applications.
• Downhole Inspection Solutions
• Cajun Plugs (Evolutionary Flapper Plug)
• Friction Reduction Technology
• Downhole Desander
• Stinger Never-Lock Traveling Valve
• Compass Customer Portal
• Drill Collars (Non-Magnetic & Steel)
• Hole Openers
• Sub Assemblies

Quantifiable outcome

• Eliminates dedicated reamer runs through Drill-N-Ream® wellbore conditioning technology
• +6 more outcomes

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Six partnerships are on record, tiered core.

• Titan Tools Services Ltd.coreStrategic or Co-development Partner · 1 January 2025DTI completed acquisition of UK-based Titan Tools Services Ltd. in January 2025, expanding its global reach in downhole tool services.
• European Drilling ProjectscoreStrategic or Co-development Partner · 3 October 2024DTI completed acquisition of Amsterdam-based European Drilling Projects in October 2024 as part of its expansion strategy. The company now operates as DTI's Next Generation Stabilizers & Reamers division, formerly European Drilling Projects.
• Superior Drilling Products, Inc.coreStrategic or Co-development Partner · 6 August 2024DTI completed acquisition of Superior Drilling Products for approximately $32.2 million in August 2024. The acquisition enhances DTI's manufacturing capabilities and geographic reach, particularly in the Middle East. Superior Drilling Products became DTI's Diamond Products Division.
• Deep Casing ToolscoreStrategic or Co-development Partner · 18 March 2024DTI completed acquisition of UK-based Deep Casing Tools in March 2024. Deep Casing Tools specializes in innovative downhole technology solutions for the oil and gas sector, particularly for the Middle East market. The acquisition expands DTI's product offerings and international presence.
• CT Energy ServicescoreChannel Partner/ Reseller/ Distributor · 1 March 2023March 2023 - Press Release announcing distribution agreement with CT Energy Services for RotoSteer technology. DTI distributes RotoSteer through channel partners.
• WellFencecoreChannel Partner/ Reseller/ Distributor · 1 January 2019In January 2019, Drilling Tools International launched a distribution partnership with WellFence for its credentialled wellsite access technology for drilling, completions, and production locations. The technology uses strategically positioned checkpoint towers with 360-degree cameras to automate verification of personnel entering and exiting wellsites, increasing safety and integrity of locations. DTI serves as the distributor for WellFence products.

Scale indicators15 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Oil States International: Provides oilfield services and equipment including downhole tools, completion tools, and rental solutions, directly comparable to DTI's rental fleet, completion and production tool offerings, and customer base of E&Ps and service companies.
• NOV (National Oilwell Varco): Major manufacturer and supplier of drilling equipment, downhole tools, and tubular rentals. NOV's downhole tools and rig technologies segment competes with DTI in stabilizers, drill collars, and rental fleet services for both onshore and offshore operators.
• Weatherford International: One of the largest oilfield equipment and services providers globally, with a substantial directional drilling, downhole tools, and rental portfolio that competes directly with DTI's core rental and tool offerings across the same operator and service-company customer base.

Emerging players

• Core Laboratories: Provides reservoir description and production enhancement services to oil and gas operators, with adjacent wellbore-related technology offerings that overlap with DTI's wellbore optimization and inspection services for the same E&P clients.

Regional players

• ProPetro Holding: US land-focused oilfield services company that provides pressure pumping and increasingly directional drilling and related services; competes with DTI in the Permian and other US shale basins for well construction spend.

Broad incumbents

• Patterson-UTI Energy: US-focused drilling and pressure pumping company with directional drilling and downhole tool capabilities through its Nexus and Ulterra (drill bits) lines; competes with DTI for the same US land drilling customers.
• TechnipFMC: Provides subsea, surface, and drilling-related equipment and services, with drilling tool and completions offerings that intersect with DTI's casing tools (Deep Casing Tools) and well construction portfolio, particularly in international and offshore markets.
• Halliburton: Global oilfield services leader with significant drilling-related product lines, including drill bits, downhole tools, and drilling services that compete with DTI's rental tools, particularly in North American shale and international markets.
• Baker Hughes: Diversified oilfield services and equipment provider with drilling services, drill bits, and downhole tooling portfolios that overlap with DTI's product set, while also serving adjacent completions and production markets.
• Schlumberger (SLB): The largest global oilfield services company, with extensive drilling tools, directional drilling, and drill bit offerings (e.g., PowerV, AxeBlade) that overlap with DTI's wellbore optimization and stabilizer product lines across the same E&P customer set.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/drillingtoolinc
• Facebookfacebook.com/DrillingToolsInternationalInc
• LinkedInlinkedin.com/company/drillingtoolsinternationalinc

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries8 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Drilling Tools International