Ringcloud
RigCLOUD is a wholly-owned Nabors Industries digital platform that provides cloud-based drilling operations software, automated directional guidance, MWD operations management, rig instrumentation, and Digital Operations Centers for global oil and gas drilling operators, MWD service providers, and third-party contractors.
- Company typePrivate
- Founded2019
- HeadquartersHouston, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Ringcloud does
RigCLOUD is an open, cloud-based drilling operations platform developed and operated by Nabors Industries Ltd., a major Bermuda-incorporated oilfield services company. The platform serves the global oil and gas drilling sector, providing exploration and production operators, MWD service providers, and third-party drilling contractors with digital solutions that replace or augment on-site personnel-intensive workflows. Core offerings include the RigCLOUD Platform (an open cloud environment hosting applications at the rig site, on the web, and on mobile devices), SmartNAV (automated directional guidance), RigCLOUD LiveOps (streaming real-time analytics for drilling performance, hazard identification, cost management, and dysfunction detection), RigCLOUD MWD Suite (cloud-based measurement-while-drilling operations management), RigCLOUD Instrumentation (next-generation sensors, Electronic Drilling Recorder, Pit Volume Totalizer, and gas detection), RigCLOUD Gateway (data acquisition using industry-standard WITS/WITSML protocols), RigCLOUD Metrics, and Digital Operations Centers for remote fleet supervision. Partner products integrated into the ecosystem include ROCKit, REVit, SmartSLIDE, SmartDRILL, SmartPLAN, and Rigline 24/7 remote operations support.
The underlying technology combines high-fidelity rig-side sensors with cloud software that ingests, stores, visualizes, and delivers drilling data through open integration standards. The architecture is designed for interoperability with third-party systems and partner applications, and is purpose-built to enable remote operability of drilling fleets. On Nabors SmartRig deployments, MWD Suite operates without additional hardware or personnel on location, illustrating deep operational coupling with the parent's rig fleet. The platform has supported uninterrupted 24/7 operations for over a decade.
RigCLOUD's business model combines a SaaS-style platform subscription (covering access to applications such as SmartNAV, LiveOps, and MWD Suite with 24/7 technical support and remote operations assistance) with hardware sales of rig instrumentation equipment bundled with software licensing. Pricing is not publicly disclosed; the company sells via direct enterprise engagement, with prospects requesting demos through an online form and contacting sales through dedicated US and Saudi Arabia phone lines. The company maintains a LinkedIn presence and a content-driven website of solution pages, but operates without a disclosed public ticker, independent funding history, or public revenue figures, functioning as a wholly-owned subsidiary within Nabors Industries Ltd.
Ringcloud firmographics
Firmographics- Name
- Ringcloud
- Legal name
- Nabors Industries Ltd.
- Website
- https://rigcloud.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- RigCLOUD is a wholly-owned Nabors Industries digital platform that provides cloud-based drilling operations software, automated directional guidance, MWD operations management, rig instrumentation, and Digital Operations Centers for global oil and gas drilling operators, MWD service providers, and third-party contractors.
- Ownership category
- akta.pro rank
Ringcloud industry classification
Industry- Product category
- Drilling Operations Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computer Systems Design and Related Services (54151), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL)
Keywords
Where Ringcloud is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Ringcloud business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Software Platform Subscription: SaaS platform subscription model for access to RigCLOUD platform applications including SmartNAV, LiveOps, and MWD Suite. Includes 24/7 technical support and remote operations assistance.
- Rig Instrumentation Hardware and Software: Sale and deployment of rig instrumentation equipment including sensors, Electronic Drilling Recorder (EDR), and data acquisition systems combined with software licensing.
Distribution channels1 record
Marketing channels3 records
Ringcloud product offering
Product offeringCore offering
Ringcloud delivers a cloud-based drilling operations platform that provides real-time data acquisition, analytics, automation, and remote operations capabilities for oil and gas drilling rigs. The platform enables operators to monitor, control, and optimize drilling performance across global rig fleets through integrated hardware (instrumentation and gateways) and software (analytics, MWD management, automated directional drilling, and remote operations centers).
Product overview
RigCLOUD is an open, cloud-based platform for the oil and gas industry's digital drilling operations. The portfolio consists of a core RigCLOUD Platform that hosts specialized modules including RigCLOUD LiveOps for real-time analytics streaming, SmartNAV for automated directional guidance, RigCLOUD MWD Suite for managing MWD operations, RigCLOUD Instrumentation for rig sensors and data acquisition, RigCLOUD Gateway for data connectivity, RigCLOUD Metrics for analytics, and Digital Operations Centers for remote supervision. These integrate with partner products including ROCKit directional steering, REVit stick slip mitigation, SmartSLIDE automated slides, SmartDRILL drilling automation, SmartPLAN activity planning, and Rigline 24/7 operations support. The platform operates at the rig site, on the web, and on mobile devices.
Differentiator
Problem solved
Functional benefit
Brands
- SmartNAV: Automated directional guidance application for directional drilling
- RigCLOUD LiveOps
- RigCLOUD MWD Suite
- RigCLOUD Gateway
- RigCLOUD Instrumentation
- RigCLOUD Analytics
Products and services
- RigCLOUD Platform Core cloud platform providing unified drilling operations infrastructure for real-time rig data acquisition and integration across drilling fleets.
- RigCLOUD LiveOps Real-time streaming analytics module delivering live drilling performance data and operational visibility.
- SmartNAV Automated directional drilling guidance system that optimizes wellbore trajectory and drilling parameters.
- RigCLOUD MWD Suite Measurement-while-drilling operations management software for acquiring, transmitting, and managing downhole telemetry data.
- RigCLOUD Instrumentation Rig-mounted sensor hardware suite that captures drilling parameter data at the source for transmission to the cloud platform.
- RigCLOUD Gateway Data connectivity hardware that aggregates rig-floor instrumentation data and transmits it securely to the cloud platform.
- RigCLOUD Metrics Analytics module that delivers drilling performance metrics, KPI dashboards, and historical reporting for operational optimization.
- Digital Operations Centers Centralized remote operations centers enabling off-site rig monitoring, drilling parameter adjustment, and collaboration with on-site rig crews.
Quantifiable outcome
- Remote multi-well, multi-user MWD operations from any remote operations center
- +2 more outcomes
Companies that use Ringcloud
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles1 record
Ringcloud technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Ringcloud partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Nabors Industries Ltd.coreRigCLOUD is a subsidiary and flagship digital platform of Nabors Industries Ltd., one of the world's largest drilling contractors. The platform is fully integrated with Nabors SmartRig technology, enabling operations with no additional hardware or personnel required on location when operating on Nabors equipment. © 2024 Nabors Industries Ltd.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Ringcloud competitors and assessment
Company assessmentDirect peers
- P2 Energy Solutions: Provides software solutions for upstream oil and gas including land management, production accounting, and drilling operations analytics. Directly comparable as a purpose-built upstream digital platform serving similar E&P customers.
- RigNet (Viasat): Provided remote communications, data analytics, and managed network services to drilling rigs and offshore platforms. Comparable real-time data delivery and remote operations capabilities for drilling sites.
- Peloton (a Vertice Oil Tools company): Offers well data delivery, real-time drilling analytics, and operations portals for drilling operators. Closely comparable to RigCLOUD LiveOps for streaming drilling analytics and well information management.
Broad incumbents
- IHS Markit (now part of S&P Global): Provides upstream data, analytics, and software (KINGDEE, Enerdeq) used by E&P operators for drilling planning and performance benchmarking. Adjacent comparator with overlapping drilling data and analytics offerings.
- SLB (Schlumberger) - DELFI E&P Platform: SLB's DELFI cognitive E&P environment offers drilling automation, real-time analytics, and digital operations centers across the upstream lifecycle. A larger, broad-incumbent peer with overlapping capabilities and global scale.
- Halliburton - DecisionSpace and iCruise: Halliburton offers drilling automation (iCruise) and the DecisionSpace digital platform for upstream operations. A broad-incumbent peer competing in drilling analytics, automation, and digital operations centers.
- Baker Hughes - NIS (Nabors Integration Solutions) and WellLink: Baker Hughes delivers drilling automation, WellLink production software, and digital operations platforms. Competes with RigCLOUD in drilling analytics and digital operations centers for global E&P customers.
Emerging players
- TDE Group / Novi Labs: Drilling data analytics and predictive modeling platform for unconventional operators. Comparable as a digital drilling analytics platform targeting operational efficiency but at a smaller, more focused scale.
- Crucible OFS (now part of Roper Technologies): Provided digital oilfield solutions for completions and drilling operations. Comparable as a focused digital platform serving upstream drilling and completions workflows.
Regional players
- Apergy (now part of ChampionX): Provides artificial lift and production optimization solutions with embedded digital monitoring and analytics. Partial overlap with RigCLOUD in upstream digital monitoring and instrumentation, though ChampionX focuses primarily on production rather than drilling operations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Ringcloud social profiles
Digital presenceRingcloud financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ringcloud leadership team
Management profileNumber of profiles
Ringcloud funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ringcloud M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ringcloud
What does Ringcloud do?
Ringcloud delivers a cloud-based drilling operations platform that provides real-time data acquisition, analytics, automation, and remote operations capabilities for oil and gas drilling rigs. The platform enables operators to monitor, control, and optimize drilling performance across global rig fleets through integrated hardware (instrumentation and gateways) and software (analytics, MWD management, automated directional drilling, and remote operations centers).
Is Ringcloud a public or private company?
Ringcloud is a private company. It is classified as corporate owned and is currently operating.
When was Ringcloud founded?
Ringcloud was founded in 2019. It employs 1 to 10 people.
Where is Ringcloud based?
Ringcloud is headquartered in Houston, United States, in the North America region.
How does Ringcloud make money?
Two revenue lines are on record. Software Platform Subscription is the primary driver. The others are rig Instrumentation Hardware and Software.
Who are Ringcloud's main competitors?
Direct peers on record are P2 Energy Solutions, RigNet (Viasat) and Peloton (a Vertice Oil Tools company). Broad incumbents are IHS Markit (now part of S&P Global), SLB (Schlumberger) - DELFI E&P Platform, Halliburton - DecisionSpace and iCruise and Baker Hughes - NIS (Nabors Integration Solutions) and WellLink. Emerging players are TDE Group / Novi Labs and Crucible OFS (now part of Roper Technologies). Apergy (now part of ChampionX) is listed as a regional player.
Does Ringcloud have an API?
No public API is recorded for Ringcloud.
What industry is Ringcloud in?
Ringcloud's product category is Drilling Operations Software. Its primary akta.pro industry code is HDABAAAL, Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions). Its NAICS code is 51821 and its SIC code is 1389.