What Deep Casing Tools does

Deep Casing Tools Limited designs, engineers, and manufactures proprietary downhole tools for the global oil and gas industry, specializing in well construction, well completion, and casing recovery solutions. Founded in 1999 and headquartered in Aberdeen, Scotland, the company operates across the full well lifecycle with five core technology platforms: TurboCaser (turbine-powered drillable reamer shoe for running casing to target depth in extended reach wells), TurboRunner (downhole reaming tool for well completion), MechLOK (world's first fully mechanically lockable drill pipe swivel, qualified by Equinor for Norwegian operations), Rubblizer (casing recovery tool that eliminates section milling in plug and abandonment operations), and the Casing Cement Breaker (industry-first P&A technology co-developed with Total and the OGTC). The company generates revenue through equipment rental, tool sales, and field service/technical support, targeting international oil companies (IOCs) and national oil companies (NOCs) via direct enterprise field sales supplemented by a global network of regional agents and distribution partners across Europe, the Middle East, Asia Pacific, the Americas, and Africa. Deep Casing Tools was acquired by NASDAQ-listed Drilling Tools International Corp (DTI) in March 2024, becoming a division of DTI while maintaining its brand identity, and has been recognized with the 2024 King's Award for Enterprise for International Trade.

Name

Deep Casing Tools

Legal name

Deep Casing Tools Limited

Website

https://deepcasingtools.com

Company type

Private

Founded year

1999

Operating status

Acquired

Headcount range

51–100 employees

Short description

Deep Casing Tools designs and manufactures proprietary downhole tools—TurboCaser, TurboRunner, MechLOK, and Rubblizer—for casing running, well completion, and plug-and-abandonment operations, serving international and national oil companies globally through equipment rental and field services.

Ownership category

akta.pro rank

Product category

Oilfield Downhole Tools

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Drilling Oil and Gas Wells (213111)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD)

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Drilling & Well Construction (Rig Ops, Directional, Casing, Cementing) (EUAAAAAI)

Keywords

• Downhole drilling tools
• Casing running tools
• Well completion tools
• Plug and abandonment
• Extended reach drilling

Headquarters

HQ city

Aberdeen

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Equipment Rental: Deep Casing Tools provides drilling and completion tools on a rental basis to oil and gas operators globally. Tools are deployed with field service personnel for operations.
2. Tool Sales: Sale of proprietary downhole tools and technology solutions to oil and gas operators.
3. Field Service and Technical Support: On-site technical support, pre-job planning, hydraulic modelling, and field service during operations.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Deep Casing Tools designs, engineers and manufactures proprietary downhole tools for the global oil and gas industry, spanning well construction (TurboCaser turbine-powered reamer shoes), well completion (TurboRunner, MechLOK family of drill pipe swivels) and casing recovery / plugging and abandonment (Rubblizer, Casing Cement Breaker). Tools are offered on a rental and sale basis with accompanying field engineering, on-site service and pre-job hydraulic modelling support to operators worldwide.

Product overview

Deep Casing Tools is a technology development company specializing in the design, engineering, and manufacture of innovative downhole products for the global oil and gas sector. The company operates across the well life cycle with products organized into three main categories: Well Construction (TurboCaser™), Well Completion (TurboRunner™, MechLOK™ family including MechLOK-R and MechLOK-T), and Casing Recovery (Rubblizer™). All products are designed to deliver time savings, cost efficiencies, and emissions reductions. Deep Casing Tools has been developing simple, innovative, and sustainable technologies since September 1999 and is now a division of Drilling Tools International Corp (DTI) following a 2024 acquisition.

Differentiator

Problem solved

Functional benefit

Brands

• Balanced Energy Solutions: Sustainability brand focused on delivering solutions for the energy transition journey, providing time savings, cost efficiencies, and emissions reduction across onshore and offshore projects.

Products and services

• TurboCaser A drillable turbine-powered reamer shoe used in well construction to enable casing to reach target depth in challenging well conditions, particularly in extended reach drilling (ERD) wells. It requires about one quarter of the time to prepare the hole compared to conventional technology and features a low-pressure signature for safety, with rapid drill-out averaging 20 minutes. It is targeted at oil and gas operators running production casing through unstable formations.
• TurboRunner A downhole reaming tool used in well completion that can ream through obstructions that other types of technology cannot, enabling efficient completion operations and reducing greenhouse gas emissions through significant project time savings. It is targeted at operators encountering difficult hole conditions during completion runs.
• MechLOK The world's first and only fully mechanically lockable drill pipe swivel. Tools can be rotated both ways in compression, and right-hand rotation in tension transmits torque, with no hydraulic impedance to other pressure-sensitive equipment. It enables completion deployment over obstructions and is fully qualified for field use by Equinor in Norway, targeted at operators running lower completions in complex wells.
• Rubblizer An award-winning casing recovery tool for well abandonment and slot recovery operations. It uses flow and surface rotation to break cement bond and structure, reducing casing anchoring forces by up to 90%, enhancing casing pulling and helping avoid section milling. It saves on average 10 days per well and is targeted at operators executing plugging and abandonment (P&A) and slot recovery projects.
• MechLOK-T A variant of the MechLOK fully mechanically lockable drill pipe swivel featuring left-hand rotation for locking capability. It is targeted at operators requiring mechanical locking with left-hand rotation for specific completion deployment scenarios.
• MechLOK-R A fully mechanically lockable variant of the MechLOK drill pipe swivel designed for landing lower screen drop-offs in complex multi-lateral wells, with successful 24-hour swivel deployments documented in case studies.
• Casing Cement Breaker (CCB) An industry-first casing cement breaker technology developed in collaboration with TotalEnergies and OGTC for plugging and abandonment applications. It breaks casing cement to enable efficient P&A, recognised by the Offshore Achievement Awards Emerging Technology Award (2020).
• Pre-Job Hydraulic Modelling An engineering support service in which Deep Casing Tools provides hydraulic modelling so clients can operate tools within safe pressure windows and verify that effective flow rates remain within specified equivalent circulating density (ECD) limits. It is delivered alongside tool rentals and sales to oil and gas operators.

Quantifiable outcome

• Saves average 10 days rig time per well with Rubblizer
• +5 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

16 partnerships are on record, tiered flagship and core.

• Drilling Tools International Corp (DTI)flagshipStrategic or Co-development Partner · 20 March 2024Deep Casing Tools was acquired by Drilling Tools International Corp in March 2024, becoming a division of DTI. The acquisition combines Deep Casing Tools' cutting-edge technologies with DTI's extensive resources and industry expertise to drive significant advancements in drilling efficiency, safety, and cost-effectiveness.
• National Oilwell Varco (NOV)coreTechnology or IntegrationDeep Casing Tools formed an alliance with NOV Completion Tools in Norway and collaborated on a multi-lateral well project using MechLOK DP Swivel with NOV i-Con data monitoring sub. The partnership provides enhanced deployment of lower completions with accurate downhole data.
• Tasman Oil ToolscoreChannel Partner/ Reseller/ DistributorExclusive partner for Australia and New Zealand. Tasman specializes in rental of drilling tools suitable for onshore and offshore oil and gas drilling, coal bed methane and geothermal drilling operations.
• Paschoalin Consultoria em EngenhariacoreChannel Partner/ Reseller/ DistributorBrazil-based partner appointed to cement focus on the South American market. Established in 2007, Paschoalin provides facilities and qualified personnel for companies expanding into the Brazilian oil and gas market.
• Magadrill SrlcoreChannel Partner/ Reseller/ DistributorExclusive agent for drilling, completion, and production equipment for the oil and gas market in Europe, based in Italy.
• Consolidated Suppliers Est.coreChannel Partner/ Reseller/ DistributorDiversified Oilfield Suppliers and Services provider in UAE, focusing on provision of new innovative solutions that tackle ongoing challenges within the Oil & Gas industries.
• Best Match EnergycoreChannel Partner/ Reseller/ DistributorEngineering and technical service partner for China, providing engineering and technical services to International Oil Operators and Service Companies in China.
• Innovaciones Petroleras Omega (InPO)coreChannel Partner/ Reseller/ DistributorDynamic and pioneering company at the forefront of the Oil and Gas industry in North America. Partner in Master Service Agreement with a national oil company alongside Deep Casing Tools.
• Omnasup EnergycoreChannel Partner/ Reseller/ DistributorOil and Gas Servicing Company established in West Africa. Technical focus on Well Completions, Liner Hangers, Well Intervention, Production & Midstream, Inspection and NDT Services.
• Eftech InternationalcoreChannel Partner/ Reseller/ DistributorLeading provider of Process and Pipeline Services to the domestic and international oil and gas industry, established in Malaysia in 2001.
• Pro-Torque (Total Rig Solutions)coreChannel Partner/ Reseller/ DistributorOperating in Canada and South America since 2004, Pro-Torque provides Total Rig Solutions for Tubular Installation.
• Africa Oilwell TechnologycoreChannel Partner/ Reseller/ DistributorOilfield services company appointed as partner in Angola, Cameroon, Democratic Republic of Congo, Gabon, Republic of Congo and South Africa.
• EFTECH Drilling Solutions (EDS)coreChannel Partner/ Reseller/ DistributorRegional partner for Asia Pacific, working with Deep Casing Tools on deployments with Shell Sarawak.
• TotalEnergiescoreStrategic or Co-development PartnerDeep Casing Tools developed transformational plugging and abandonment technology in collaboration with Total and the Oil and Gas Technology Centre (OGTC).
• Oil and Gas Technology Centre (OGTC)coreStrategic or Co-development PartnerCollaborated with OGTC and Total on development of transformational plugging and abandonment technology, including the industry-first Casing Cement Breaker.
• PrimeStar TechnologiescoreChannel Partner/ Reseller/ DistributorOperating partner in China that deployed Rubblizer technology for slot recovery projects for major Chinese operators.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Weatherford International: Global oilfield services company offering casing running tools, downhole equipment, and well construction services. Directly competes with DCT in casing running, completion, and P&A operations across the same IOC/NOC customer base.
• National Oilwell Varco (NOV): Major drilling equipment manufacturer with completion tools, drill pipe, and downhole technologies. DCT's integration partner on MechLOK/i-Con projects; competes directly on casing running tools and completion equipment.
• Forum Energy Technologies: Oilfield equipment manufacturer offering drilling tools, casing equipment, and tubular running services. Direct competitor to DCT in casing running and downhole tool rental markets.
• Expro Group: Provider of well construction, well intervention, and integrity management services. Competes with DCT in well construction and completion tool deployment, particularly for offshore and ERD wells.
• Hunting PLC: UK-based oilfield equipment company focused on drilling tools, OCTG connections, and downhole technology. Similar size and market focus to DCT, with overlapping casing and completion tool offerings.

Broad incumbents

• Schlumberger (SLB): Largest global oilfield services company with comprehensive drilling, completion, and P&A offerings. Competes with DCT in well construction and abandonment through integrated service bundles, though DCT offers more specialized casing tools.
• Halliburton: Global oilfield services leader with extensive completion tools, drilling services, and P&A capabilities. Overlaps with DCT in casing running and completion tool markets, typically via larger integrated contracts.
• Baker Hughes: Major oilfield services and equipment company offering drilling tools, completions, and well construction services. Competes with DCT in casing and completion equipment, particularly in international markets.
• Drilling Tools International (DTI): Parent company of Deep Casing Tools since March 2024. DTI provides downhole drilling tools and rental services globally — its other portfolio offerings overlap with DCT's casing/completion tool focus.

Emerging players

• Coretrax: UK-based specialist in wellbore clean-up, zonal isolation, and P&A technology. Niche peer focused on plugging and abandonment — directly overlaps with DCT's Rubblizer and Casing Cement Breaker product lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCZFpF80l5wIlozoIDIB8uyQ
• LinkedInlinkedin.com/company/deep-casing-tools
• Xx.com/DeepCasingTools

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors3 records

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 Deep Casing Tools