What DHI does

DHI (Downhole Innovations, Inc.) is a Houston-based private engineering services company specializing in downhole completions technology for the oil and gas industry. The company operates a 'Scalable Contract Engineering Solutions' model, functioning as a flex engineering resource and extension of clients' internal engineering departments. DHI serves both smaller operators lacking full engineering departments and larger companies seeking to develop new products without expanding internal staff, with all intellectual property developed during engagements remaining with the commissioning client.

DHI's service portfolio spans five offerings: Technology Development and Product Testing (concept through commercialization including ISO 14310 qualification testing), Technology Consultancy and Proof of Concept Development, Application Engineering and Special Order Support, Quick Response Manufacturing with a global low-cost supply chain, and Intellectual Property Reviews. The company's technical focus covers upper completion systems (packer platforms from 4-1/2-in. to 13-3/8-in. qualified to V6–V0 under ISO 14310), lower completion systems, unconventional frac systems, well service and intervention products, and dissolvable technologies. DHI holds numerous patents spanning three decades of work and maintains a dedicated test set-up for evaluating dissolvable material longevity.

The company generates revenue through professional services engagements on a project basis, with pricing not publicly disclosed and customized per client need. Its global supply chain network spans Latin America, the Middle East, Russia, and Southeast Asia, enabling Eastern and Western Hemisphere low-cost manufacturing options. DHI operates with 11-50 employees from its Houston headquarters and markets through its company website, DHI Library of technical resources, and LinkedIn and Facebook presences.

Name

DHI

Legal name

Downhole Innovations, Inc.

Website

https://downholeinnovations.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

DHI (Downhole Innovations) is a Houston-based engineering services firm providing scalable contract engineering solutions for downhole completions technology in the oil and gas industry, serving both smaller operators and larger companies seeking flex engineering resources.

Ownership category

akta.pro rank

Product category

Oilfield Engineering Services

NAICS

Support Activities for Oil and Gas Operations (213112), Support Activities for Mining (2131)

SIC

Oil & Gas Field Services, Nec (1389), Services-Engineering Services (8711)

akta.pro primary industry

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

Keywords

• Contract engineering services
• Downhole completions technology
• Product qualification testing
• Oilfield supply chain
• Frac systems design

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Contract Engineering Services: DHI provides scalable contract engineering solutions as a 'flex engineering resource' - an extension of clients' engineering departments. Services are provided from 'concept through commercialization' including product design, prototype manufacturing, qualification testing, and supply chain support. The company works with clients on project basis where IP developed stays with the client.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

DHI provides scalable contract engineering solutions for downhole completion products in the oil and gas industry, delivering services from 'concept through commercialization.' Offerings include technology development, product testing, technology consultancy, proof of concept development, application engineering support, quick response manufacturing, global supply chain setup, and intellectual property reviews. The company acts as a 'flex engineering resource' extending clients' internal engineering departments.

Product overview

DHI (Downhole Innovations) is a B2B engineering services company offering scalable contract engineering solutions from 'concept through commercialization.' The portfolio includes six core service offerings: Technology Development and Product Testing, Technology Consultancy/Proof of Concept Development, Application Engineering/Special Order Support, Quick Response Manufacturing/Global Supply Chain, and Intellectual Property Reviews. These services support five technology focus areas: Upper Completion Systems (packer platforms 4-1/2" to 13-3/8"), Lower Completion Systems (Limited Entry Liner products), Unconventional Frac Systems (Liner Hangers, frac systems, Frac Plugs), Well Service and Intervention Products, and Dissolvable Technologies. DHI provides engineering expertise as a 'flex engineering resource' extension of client engineering departments, with clients maintaining IP associated with their specific projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Technology Development and Product Testing Full concept-to-commercialization service for downhole completion product development, including scaling existing technologies, ISO 14310 qualification testing, and Stage Gate product development from conceptual design through full product development with a complete design package. Targeted at oil and gas companies seeking product development expertise without maintaining full internal engineering departments.
• Technology Consultancy / Proof of Concept Development Collaborative consultancy that evaluates new product concepts and technologies, conducts proof-of-concept testing for new technology under simulated well conditions (pressure and temperature), and provides alternative ideas for product platform development programs. Targeted at oil and gas companies seeking faster access to products and technology.
• Application Engineering / Special Order Support Expert product support service providing application-specific engineers as product experts for companies with internal design capabilities but lacking expertise in specific areas such as upper and lower well completion product design. Engineers are provided without bias to operators or service companies.
• Quick Response Manufacturing / Low-cost Global Supply Chain Manufacturing and supply chain service providing small quantity and quick-response manufacturing with low-cost supply options across Eastern and Western Hemisphere regions. Implements a 'supply chain in a box' concept using proven methodology for rapid supply chain implementation for new products in new markets.
• Intellectual Property Reviews Patent and intellectual property review service provided by in-house patent counsel, including IP assessment, strategic direction advice, and patent filing on behalf of clients. IP developed under product development contracts stays with the commissioning client.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• Innovex Downhole Solutions: Manufacturer of downhole completion and intervention products including packers, bridge plugs, and flow control tools. Comparable to DHI's upper/lower completion and intervention product portfolio with engineering depth across similar pressure and material specifications.
• Saltel Industries: Provider of expandable and dissolvable wellbore technologies for completions and interventions. Highly comparable to DHI's dissolvable technologies and intervention products portfolio, with overlapping R&D focus on downhole materials.
• Tendeka: Specialized completions and zonal-isolation technology provider offering sand screens, inflow control, and wellbore isolation products. Comparable to DHI as a niche completions-focused engineering and product firm serving operators globally.
• NCS Multistage Holdings: Provider of multistage completion tools and services for unconventional wells, including sliding sleeve and frac isolation technologies. Comparable to DHI's unconventional frac systems and zonal control sleeve expertise in serving shale operators.
• Nine Energy Service: Completion and production services provider offering cemented and openhole completion products, including frac plugs and casing accessories. Directly comparable to DHI across the completions value chain with similar customer base of E&P operators.
• Packers Plus Energy Services: Provider of openhole multistage completion systems, including the StackFRAC family. Directly comparable to DHI's lower completion and unconventional frac system expertise, both serving unconventional operators with completion technology.

Broad incumbents

• Halliburton: Largest OFS incumbent with a broad completions portfolio including the Broadway, IsoPearl, and EquiFlow families. Comparable to DHI as a completions technology provider, but operates at vastly greater scale with bundled services.
• Weatherford International: Diversified OFS provider with significant completions and intervention product lines including packers, flow control tools, and liner hangers. Overlaps with DHI's product focus as a broad incumbent with global reach.
• SLB (Schlumberger): Global OFS leader with extensive completions offerings across upper completions, sand control, and stimulation. Comparable in product categories to DHI but competes through scale, integrated solutions, and in-house engineering capacity.

Emerging players

• Welltec: Provider of robotic well intervention and completion technologies for complex downhole operations. Comparable to DHI's intervention and dissolvable technology focus, particularly in the upper completion and intervention segment.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Downhole-Innovations-LLC-1436829843286296
• LinkedInlinkedin.com/company/downhole-innovations-llc

Compliance2 records

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 DHI