Hydril

What Hydril does

Hydril operates as the TenarisHydril brand within Tenaris, a Luxembourg-domiciled, NYSE-listed (ticker: TS) global manufacturer of steel pipes and related services for the energy industry. The company manufactures Oil Country Tubular Goods (OCTG) — casing, tubing, drill pipe, and an extensive portfolio of premium connections including the Wedge™ series (17+ variants such as Wedge 425®, Wedge 623®) and Blue® series (Blue®, Blue Max, Blue Riser), many offered with Dopeless® dope-free running compound technology. Supporting products span offshore and onshore line pipe, TenarisShawcor coating solutions, artificial lift systems (AlphaRod®, HolloRod®), BlueCoil® coiled tubing, and emerging low carbon energy offerings including Thera® hydrogen storage systems and geothermal and carbon capture solutions.

The business model is anchored in B2B hardware sales to enterprise oil and gas operators, augmented by Rig Direct®, an integrated supply chain and technical services platform that delivers mill-to-well logistics via digital tools (PipeTracer®, DemandSync, RunReady, Client Hub). Revenue streams include OCTG, line pipe, coating services, artificial lift, coiled tubing, low carbon energy products, automotive components, and industrial/mechanical tubes. Pricing is quote-based and not publicly disclosed. Go-to-market is enterprise field sales targeting global energy operators, supplemented by a licensee network and direct manufacturing sales. The company reports $12 billion USD in annual net sales for 2025, operates 25,000 employees across 99 nationalities, and maintains manufacturing facilities in Koppel and Ambridge (Pennsylvania, USA), Sault Ste. Marie (Canada), and additional global locations serving markets in North America, Europe, South America, Asia, and the Middle East.

Name

Hydril

Legal name

Tenaris

Website

https://hydril.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

TenarisHydril is a premium OCTG and steel pipe brand within Tenaris, manufacturing casing, tubing, drill pipe, and proprietary Wedge™ and Blue® premium connections with Dopeless® technology for global oil and gas operators, plus emerging low carbon energy applications.

Ownership category

akta.pro rank

Product category

Oil Country Tubular Goods (OCTG) Manufacturing

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

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

akta.pro primary industry

OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN)

akta.pro secondary industry

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

Keywords

• Premium OCTG connections
• Steel pipe manufacturing
• Oil country tubular goods
• Downhole tubing products
• Well construction materials

Headquarters

HQ city

Houston

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, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. OCTG (Oil Country Tubular Goods): Casing, tubing, drill pipe, premium connections, and pipe accessories for oil and gas drilling
2. Rig Direct® Services: Integrated supply chain and technical services including well planning, material selection, string design, torque turn monitoring, and field services
3. Offshore Line Pipe: Custom steel pipes, risers and services for deep and ultra-deep water applications
4. Onshore Line Pipe: Seamless and welded onshore pipe with comprehensive coating solutions
5. Coating Solutions (TenarisShawcor): Pipe coating services including 3LPP, 5LPP for offshore and onshore applications
6. Artificial Lift Products: Sucker rods, couplings, and accessories for beam and progressive cavity pumping
7. Coiled Tubing: Coiled tubing for well-workover, logging, drilling and special applications
8. Low Carbon Energy Products: Hydrogen storage systems, geothermal solutions, products for carbon capture and sequestration
9. Automotive Components: Cold-drawn and hot-rolled seamless tubes for car manufacturers in airbags, steering, chassis, suspensions
10. Industrial & Mechanical Products: Hot-rolled and cold-drawn seamless steel tubes for mechanical engineering, civil installations, earth-moving machines

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Hydril, operating under the TenarisHydril brand within Tenaris, manufactures premium threaded connections and OCTG products (casing, tubing, drill pipe) for the oil and gas industry. Its portfolio includes the proprietary Wedge™ and Blue® premium connection series, Dopeless® dope-free technology, and specialized products for artificial lift, coiled tubing, and hydrogen storage, serving global energy operators from manufacturing facilities in the US, Canada, and other regions.

Product overview

Hydril operates as part of Tenaris, a leading global pipe manufacturer and supplier for the energy industry. The product portfolio centers on OCTG (Oil Country Tubular Goods) as the core offering, encompassing casing, tubing, drill pipe, and premium connections. Supporting services include Rig Direct® for integrated supply chain management, One Line® for comprehensive line pipe services, and coating solutions through TenarisShawcor. The portfolio extends to specialized segments including Low Carbon Energy (hydrogen storage, geothermal), Artificial Lift (sucker rod systems), and Coiled Tubing. Premium connections include the Wedge series (Wedge 425, 623, 624, 667) and Blue series (Blue, Blue Max, Blue Riser) with Dopeless® technology. Additional product lines serve Automotive, Industrial and Mechanical, and Power Generation sectors. The company reported $12 billion USD in annual net sales for 2025 with operations across multiple countries.

Differentiator

Problem solved

Functional benefit

Brands

• TenarisHydril: Premium OCTG connection products including wedge-style connections (Wedge 425, Wedge 623, Wedge 624, Wedge 667, Wedge 625, Wedge 463, Wedge 361, Wedge 461, Wedge 441, Wedge 451, Wedge 563, Wedge 523, Wedge 521, Wedge 513, Wedge 511, Wedge 533) and Blue connection series (Blue, Blue Max, Blue Heavy Wall, Blue Quick Seal, Blue Riser, BlueDock).
• Rig Direct
• Dopeless
• BlueCoil

Products and services

• OCTG (Oil Country Tubular Goods) Comprehensive portfolio of high-quality casing, tubing, drill pipe, premium connections, and pipe accessories for all types of oil and gas drilling activities, marketed to oil and gas operators worldwide.
• Rig Direct® Integrated supply chain and technical services platform with digital tools (PipeTracer®, DemandSync, RunReady) that streamlines pipe delivery from mill to well, including well planning, material selection, string design, torque turn monitoring, and field services for oil and gas operators.
• Offshore Line Pipe Custom steel pipes, risers, and services designed for deep and ultra-deep water applications, backed by state-of-the-art R&D facilities and metallurgy experience.
• Onshore Line Pipe Seamless and welded onshore pipe manufactured to the highest standards, paired with comprehensive coating solutions for hydrocarbon transportation, gas distribution, and water injection.
• TenarisShawcor Coating Solutions Coating solutions for offshore and onshore line pipe including 3LPP, 5LPP coatings, laser end measurements, and sour service protection.
• Wedge™ Premium Connections Proprietary integral and threaded-and-coupled premium connections including Wedge 425®, Wedge 511®, Wedge 513®, Wedge 521®, Wedge 523®, Wedge 533®, Wedge 541®, Wedge 561®, Wedge 563®, Wedge 621®, Wedge 623®, Wedge 624®, Wedge 625®, Wedge 627®, Wedge 641®, Wedge 645®, and Wedge 667® for production casing, intermediate casing, liners, and tie-backs.
• Blue® Premium Connections Threaded and coupled premium connections including Blue®, Blue® Max, Blue® Heavy Wall, Blue® Quick Seal, and Blue® Riser for surface casing, intermediate casing, production casing, tie-backs, liners, tubing, top-tension risers, and workover risers.
• BlueDock® weld-on connectors Weld-on connector technologies (BlueDock®, DesertDock™, EasyDock®) for conductor and surface casing applications.
• Artificial Lift products High-quality sucker rods, couplings, and accessories (including the AlphaRod® and HolloRod® series) for beam and progressive cavity pumping applications, supported by full technical support services.
• Coiled Tubing Coiled tubing (including BlueCoil® technology) for well-workover, velocity/production strings, logging, drilling, and special application strings with factory-installed wire-line, capillary tubes, and integral tools for challenging downhole environments.
• Low Carbon Energy products Products and services for low-carbon energy applications, including Thera® hydrogen storage systems for gas storage, transportation, and refueling stations, geothermal well solutions, and carbon capture and sequestration products.
• Hydrocarbon Processing tubes Steel tubes and pipes for refineries and processing plants with high temperature oxidation resistance and thermal fatigue resistance.
• Power Generation tubes Steel tubes and pipes for power generation including heat recovery steam generators and heat exchangers.
• Automotive tubes and components Cold-drawn and hot-rolled seamless tubes and components for car manufacturers used in airbags, steering, chassis, suspensions, transmission, and power train systems.
• Industrial and Mechanical tubes Hot-rolled and cold-drawn seamless steel tubes and components for mechanical engineering, civil installations, earth-moving machines, architectural structures, and gas cylinders.
• One Line® service portfolio Comprehensive line pipe project management and accessory services including offshore coating, bends, machining, buckle arrestors, special pieces, accessories, and total data pipe management.
• QHSE Certifications Quality, Health, Safety, and Environment certification services for customers in oil and gas and related industries.

Quantifiable outcome

• 30% CO₂ intensity reduction target by 2030 vs 2018 baseline
• +2 more outcomes

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hydril-pressure-control-canada

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 Hydril