Name

Workstrings International

Legal name

Workstrings International, LLC

Website

https://workstringsinternational.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Oilfield Equipment Rental (Downhole Tubulars)

NAICS

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

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC)

akta.pro secondary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

Keywords

• Oilfield tubular rentals
• Drill string equipment
• Completion landing strings
• Downhole engineering services
• Deepwater drilling tools

Headquarters

HQ city

Broussard

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Downhole Tubular Rental Equipment: Rental of premium tubulars including drill pipe, completion landing strings, handling tools, and drill string accessories. The company maintains extensive global inventory strategically staged for reliable and expedited deployment to meet offshore and deepwater project needs.
2. Engineering Solutions: Engineering services including custom string design, slip crushing analysis, specialty tool design, and technical support. The company has completed over 2,500 engineered string designs through 2020.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Workstrings International is the global leading downhole tubular rental company, providing rental of class-1 and premium tubulars (drill pipe, completion pipe, landing strings), handling tools, drill string accessories, and the proprietary FASTR® Handling System to oil and gas operators. It complements this rental fleet with engineering services—custom string design, slip crushing analysis, specialty tool design, and technical support—and supplies specialty products such as the MaXit™ 807 completion landing string, CT-M™ completion drill pipe, patented JetString™ Sub, and Proven External Coating. The company serves offshore, deepwater, and onshore drilling and completion projects from 20 strategic locations in 14 countries.

Product overview

Workstrings International is the world's leading downhole tubular rental company offering a comprehensive portfolio of products and engineering services for the oil and gas industry. The core product offerings include Tubulars (class-1 and premium drill pipe, completion pipe, and landing strings), Handling Tools, Drill String Accessories, and the proprietary FASTR® System for landing string applications. These are supported by Engineering Solutions encompassing String Design, Slip Crushing analysis, Specialty Tool Design, and Technical Support services. The company also offers a mobile Spec Sheet App for field engineers and specialty products like the patented JetString™ Sub and MaXit™ 807 Completion Landing String. Workstrings serves offshore, deepwater, and onshore projects globally through strategic inventory staging.

Differentiator

Problem solved

Functional benefit

Brands

• FASTR® System: Handling system for landing strings, including 2MM LB Landing String System capable of handling millions of pounds.
• MaXit™ 807
• CT-M™
• JetString™
• Proven External Coating

Products and services

• Tubulars (Drill Pipe, Completion Pipe, and Landing Strings) Rental of class-1 and premium drill pipe, completion pipe, and landing strings (including large-ID landing strings and HT/GT/TT grades) for offshore, deepwater, and onshore drilling and completion projects; designed for high-pressure, high-temperature, and extended-reach wells.
• Handling Tools Equipment and tools for handling tubulars during drilling and completion operations, including the FASTR™-related hydraulic slips, elevators, and supporting handling systems used to safely run and recover heavy landing strings.
• Drill String Accessories Drill string accessories including crossovers, pup joints, lift nubbins, pump-in subs, and specialty items used to assemble and adapt downhole tubular strings for specific drilling and completion programs.
• FASTR® Handling System (FASTR™ Landing String System) Workstrings' industry-first slip-based Landing String System designed to safely handle million-pound-class landing strings during deepwater drilling and completion; trademarked FASTR™ / FASTR® handling system with related V150™ components.
• MaXit™ 807 Completion Landing String 7 5/8-inch completion landing string featuring the largest inner diameter (6.250") for vessel completion technology; delivers improved tensile strength and fatigue resistance in complex, high-pressure deepwater applications.
• CT-M™ Completion Drill Pipe Completion drill pipe featuring rotary-shouldered connections with high-strength tool joints and gas-tight, metal-to-metal radial seals; used for completion pipe in sizes CTM39, CTM26, and CTM57R.
• JetString™ Sub with Bull Nose Patented 2-in-1 specialty tool combining jetting and cleaning capabilities for BOP, wellhead, and subsea tree profile operations; improves cleaning efficiency and rig-time savings.
• Proven External Coating Service Anti-corrosion external coating applied to drill pipe (the world's first such coating), extending asset life, reducing maintenance costs, and improving operational safety.
• Engineering Solutions Comprehensive engineering services including custom String Design (3,200+ designs completed), Slip Crushing analysis, Specialty Tool Design, and Technical Support and Services for downhole drilling and completion operations.
• Workstrings Spec Sheet App Mobile application for on-site operations engineers providing instant access to Workstrings' technical spec sheets and resources, with offline functionality, search, filtering, favorites, sharing, and direct contact capabilities, distributed via Google Play and Apple App Store.

Quantifiable outcome

• 3-million-pound rated landing string system set new benchmark for load-bearing capacity in high-pressure environments, reducing risks and downtime
• +2 more outcomes

Named customers4 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

Feature7 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Stabil DrillcoreStrategic or Co-development PartnerAffiliated partner delivering high-performance downhole solutions including JOLT™, STORM™, and AXE™ tools designed to drive drilling efficiency and extend tool life. Stabil Drill provides rental drilling tools, custom component engineering and fabrication, and comprehensive Bottom Hole Assembly (BHA) support.
• Quail ToolscoreStrategic or Co-development PartnerPartner providing precision-engineered tubular and pressure-control solutions for complex well operations. Quail Tools maintains one of the industry's most comprehensive rental inventories with equipment meeting exacting torque, tensile, and pressure specifications.
• International Snubbing ServicescoreStrategic or Co-development PartnerStrategic partner for hydraulic workover (HWO) operations. Workstrings Engineering designs pipeline cleanout strings that are used in conjunction with International Snubbing Services' snubbing units, enabling jointed pipe cleanout operations that have set offshore world records.
• Superior Inspection ServicesminorStrategic or Co-development PartnerAffiliated partner within Superior Energy Services providing inspection services. Worked with Workstrings on projects requiring drill pipe inspection, coating, and bucking operations with tight turnarounds.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Quail Tools: Closest explicit peer and formal Workstrings partner; rents precision-engineered tubular and pressure-control equipment for complex well operations. Operates one of the industry's most comprehensive rental inventories and directly competes with Workstrings in the same HPHT and deepwater use cases served by Suncor, McMoRan and similar operators.
• Stabil Drill: Sister brand within Superior Energy Services and listed Workstrings partner; rents drilling tools (JOLT, STORM, AXE) and provides BHA engineering. Adjacent to Workstrings in downhole equipment rental for the same enterprise O&G customer base, with overlap on custom engineered downhole solutions.
• International Snubbing Services: Sister Superior brand providing hydraulic workover and snubbing units that work in tandem with Workstrings-supplied jointed pipe for pipeline cleanout and well intervention. Operates in adjacent niche of the same operational workflow and shares Workstrings' enterprise customer base.

Broad incumbents

• Weatherford International: Large diversified oilfield services company offering tubular running services, drill pipe, and downhole tools across a much broader portfolio. Competes with Workstrings on drilling strings and drilling services for enterprise operators, though Weatherford's scope is far wider than the tubular rental niche.
• SLB (Schlumberger): Largest oilfield services incumbent offering drilling, completions, and integrated production services; supplies drill bits, downhole tools, and managed drilling services that overlap with Workstrings' rental and engineering niches, particularly within deepwater and HPHT markets.
• Halliburton: Major OFS incumbent providing drilling services, drill pipe/tubulars, completion tools, and integrated solutions. Competes in the same deepwater and unconventional drilling markets as Workstrings, especially via its drilling solutions and completion product lines.
• Baker Hughes: Diversified oilfield services and industrial energy technology company; overlapping offering in drill bits, downhole tools, and well construction services. Generally competes with Workstrings on integrated drilling contracts and downhole equipment rentals for enterprise operators.
• TechnipFMC: Subsea, surface, and land project specialist serving deepwater and offshore operators; overlaps with Workstrings on subsea equipment and completion hardware (Franks International heritage), and competes for the same deepwater/HPHT customers in the Gulf of Mexico and beyond.
• Superior Energy Services (Completion Services): Parent company and sister segment offering well completion services and related downhole equipment. While Workstrings focuses on tubulars under the Superior umbrella, the broader Completion Services business competes with and complements Workstrings across the enterprise O&G customer base.

Others

• HB Rentals: Sister Superior brand providing offshore accommodations and surface rental equipment. Not a tubular peer but shares the global oilfield rental model, common customer base, and Superior parent with Workstrings - illustrative of the captive rental ecosystem in which Workstrings operates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@workstringsinternational1844
• Facebookfacebook.com/Workstrings-International-148194685241731
• LinkedInlinkedin.com/company/workstrings-international
• Xx.com/workstringsint

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Workstrings International