Jindal Drilling & Industries

What Jindal Drilling & Industries does

Jindal Drilling & Industries Limited (JDIL) is an Indian offshore drilling contractor and oilfield services provider established in 1989 as part of the D.P. Jindal Group. The company operates a fleet of six jack-up rigs — Discovery-1, Virtue, Jindal Supreme, Jindal Star, Jindal Explorer, and Jindal Pioneer — with water depth capability up to 350 feet and drilling depth up to 30,000 feet, serving major oil and gas exploration companies in India including ONGC, GSPC, Essar Oil, Niko Resources, GeoEnpro, JTI, Selan, and Oilex. JDIL was the first Indian company to provide horizontal and directional drilling services (since 2003), having completed over 800 wells and 40 directional drilling contracts, and claims nearly 100% efficiency across its rig fleet.

JDIL's service portfolio spans four lines: (1) offshore drilling via jack-up rigs with NOV and other premium equipment, (2) directional and horizontal drilling using Steerable Down Hole Mud Motors (SDMM), MWD tools, resistivity and gamma tools, gyro systems, drilling jars and stabilizers — currently with 8 kits deployed and 6 contracts under execution, (3) Measurement While Drilling (MWD) services for real-time wellbore trajectory data, and (4) mud logging services where JDIL is the largest provider in North East and Western onshore India, having grown from 11 to 23 units in 2018-19. The company maintains a full-fledged workshop at Nagothane (Raigarh) to support uninterrupted operations and adheres to a zero discharge policy monitored by OISD. Certifications include ISO 14001, ISO 9001:2015, ISO 17025 NABL, ISO 45001, and multiple API standards (5CT, 5L, 5B, 5DP) at group facilities.

JDIL generates revenue primarily through professional-services contracts for drilling and oilfield services with major oil and gas exploration companies in India, following an enterprise field sales GTM motion targeting national oil corporations and private E&P firms. Pricing is contract-based and not publicly disclosed. JDIL is publicly listed on BSE under ticker 500378, is part of the D.P. Jindal Group (group turnover ~Rs 8,863 crores in FY 2024-25), and is led by Chairman D.P. Jindal and Managing Director Raghav Jindal (MSc from London School of Economics). The company's revenue mix is concentrated in upstream oil and gas exploration services in the Indian market.

Name

Jindal Drilling & Industries

Legal name

Jindal Drilling & Industries Limited

Website

https://jindal.com

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Jindal Drilling & Industries Limited (JDIL) is an Indian offshore drilling contractor operating six jack-up rigs and providing directional drilling, MWD, and mud logging services to oil and gas exploration firms including ONGC and GSPC.

Ownership category

akta.pro rank

Product category

Offshore Drilling Services

NAICS

Drilling Oil and Gas Wells (213111), Support Activities for Mining (213)

SIC

Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Drilling & Workover Rigs (Land & Offshore) (EUALABAA)

akta.pro secondary industries

Directional Drilling & MWD/LWD Services (EUALABAB), OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

Keywords

• Offshore drilling services
• Oilfield services
• Directional drilling
• Mud logging services
• Drilling rigs

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure

Revenue model

1. Offshore Drilling Services: JDIL provides offshore drilling services using its fleet of jack-up rigs to oil and gas companies. Revenue is generated through drilling contracts with major clients like ONGC, GSPC, and private exploration companies. The company has achieved nearly 100% efficiency standard across all its rigs.
2. Directional and Horizontal Drilling Services: Specialized directional drilling services including horizontal drilling for complex well trajectories. The company has completed 40 directional drilling contracts with 6 currently under execution and 8 kits deployed across India.
3. MWD and Mud Logging Services: Measurement while drilling and mud logging services provided to oil and gas exploration companies operating in India's major basins.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Jindal Drilling & Industries Limited provides offshore drilling and oilfield services to upstream oil and gas operators. The company operates jack-up and tender-assist drilling rigs and offers specialized services including directional/horizontal drilling, measurement-while-drilling (MWD), and mud logging for exploration and development campaigns.

Product overview

Jindal Drilling & Industries Limited (JDIL) is part of the D.P. Jindal Group and operates as an offshore drilling contractor and provider of oilfield services. The company offers a portfolio of services including offshore jack-up drilling (with rigs: Discovery-1, Virtue, Jindal Supreme, Jindal Star, Jindal Explorer, and Jindal Pioneer), directional/horizontal drilling (first Indian company since 2003 with 800+ wells drilled), MWD services, and mud logging services. JDIL's equipment includes steerable down hole mud motors (SDMM), MWD tools with resistivity and gamma sensors, gyro systems, and drilling jars and stabilizers. The company operates a full-fledged workshop at Nagothane (Raigarh) to support uninterrupted operations. The broader D.P. Jindal Group also encompasses Maharashtra Seamless Limited (MSL) and Jindal Pipes Limited (JPL), which manufacture ERW and seamless steel pipes for the oil and gas sector, though these are separate product lines from JDIL's drilling services.

Differentiator

Problem solved

Functional benefit

Products and services

• Offshore Drilling Rig Services Provision of jack-up and tender-assist drilling rigs on contract to upstream oil and gas operators for offshore exploration and development drilling campaigns in Indian waters.
• Directional and Horizontal Drilling Services Directional and horizontal drilling solutions provided to oil and gas operators to precisely steer wells and optimize reservoir contact in offshore wells.
• Measurement While Drilling (MWD) Services MWD services delivering downhole data transmission during drilling operations, enabling operators to make real-time drilling and geological decisions.
• Mud Logging Services Mud logging services that monitor and analyze drilling fluids and cuttings to provide real-time geological and drilling performance information for operators.

Quantifiable outcome

• Nearly 100% efficiency standard achieved across all rigs
• +1 more outcomes

Named customers8 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Aban Offshore: Indian offshore drilling contractor operating a fleet of jack-up rigs and drilling services primarily for ONGC. Directly comparable to JDIL as a domestic jack-up rig competitor serving the same Indian E&P clients.
• Greatship (India) (Greatship Subsea Solutions): Subsidiary of Great Eastern Shipping offering offshore oilfield services including platform and drilling support. Comparable Indian-based offshore services peer with overlapping customer base in Indian basins.
• Shelf Drilling: Global jack-up rig operator with active presence in India/Middle East serving national oil companies. Comparable business model focused on shallow-water jack-up day-rate contracts.

Regional players

• Sapura Energy: Malaysian integrated oilfield services and drilling contractor with directional drilling and rig operations active across South and Southeast Asia, including India-adjacent markets.
• ADES Group: Egypt-based offshore drilling contractor operating jack-up rigs primarily in the Middle East and India. Directly comparable rig operator with NOC-focused business model.

Broad incumbents

• Borr Drilling: Pure-play global jack-up rig owner with a modern, premium fleet. Comparable as a peer in offshore drilling services even though Borr's fleet is internationally deployed.
• SLB (Schlumberger): Global oilfield services leader offering MWD/LWD, directional drilling, and drilling-related services. Comparable as a broad incumbent in the directional/MWD service lines JDIL provides.
• Halliburton: Global OFS major with significant directional drilling, MWD/LWD, and drilling services portfolio. Overlaps with JDIL in directional drilling and mud logging end markets.
• Baker Hughes: Integrated oilfield services and equipment provider covering drilling, completions, and production. Comparable in drilling services and oilfield equipment manufacturing domains.
• Weatherford International: Global OFS company offering drilling, evaluation, and completions services including directional drilling tools. Comparable in the directional drilling and MWD service category.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/maharashtra-seamless-limited

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Jindal Drilling & Industries