ReedHycalog
ReedHycalog UK Ltd. designs and manufactures roller cone and polycrystalline diamond drill bits for oil and gas operators, operating as a bit brand within NOV's drilling and wellbore technology portfolio from its Stonehouse, UK base.
- Company typePrivate
- Founded1997
- HeadquartersStonehouse, United Kingdom
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What ReedHycalog does
ReedHycalog UK Ltd. is a manufacturer of drilling tools used by oil and gas operators, with its core products being roller cone drill bits and polycrystalline diamond (synthetic diamond) drill bits used in wellbore construction. The business was founded in 1997 from the combination of the Reed and Hycalog legacy bit brands, and it operates from Stonehouse, United Kingdom, where its corporate entity and website (reedhycalog.com) are anchored. Its product set addresses the most performance-critical wear component in the rotary drilling string — the bit — where rate of penetration, footage drilled, and total bit hours directly drive well costs for operators working in conventional and unconventional plays.
ReedHycalog does not operate as a standalone public company. It is positioned as a named brand within the portfolio of NOV (National Oilwell Varco), one of the largest oilfield equipment and technology providers globally. NOV lists ReedHycalog under its corporate brands page, and the unit's commercial and aftermarket reach is therefore exercised through NOV's wider drilling and wellbore technology ecosystem rather than via an independent go-to-market motion.
The source material disclosed does not specify ReedHycalog's pricing model, direct customer roster, geographic footprint, headcount, or revenue mechanics as a separable entity. The available information is limited to its product scope, UK corporate domicile, founding year, and parent ownership structure. Therefore, the revenue model, channel mix, and customer segmentation should be read as inherited from NOV's downhole and wellbore technologies segment rather than independently disclosed.
ReedHycalog firmographics
Firmographics- Name
- ReedHycalog
- Website
- https://reedhycalog.com
- Company type
- Private
- Founded year
- 1997
- Operating status
- Operating
- Short description
- ReedHycalog UK Ltd. designs and manufactures roller cone and polycrystalline diamond drill bits for oil and gas operators, operating as a bit brand within NOV's drilling and wellbore technology portfolio from its Stonehouse, UK base.
- Ownership category
- akta.pro rank
ReedHycalog industry classification
Industry- Product category
- Oilfield Drilling Equipment
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Drill Tools, Bits & Downhole Equipment (IMAHAMAB)
- akta.pro secondary industry
- Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)
Keywords
Where ReedHycalog is headquartered
LocationHeadquarters
- HQ city
- Stonehouse
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
ReedHycalog business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D
ReedHycalog product offering
Product offeringCore offering
ReedHycalog UK Ltd. designs and manufactures roller cone drill bits and synthetic diamond (polycrystalline diamond) drill bits for the oil and gas industry. Its products are used in upstream drilling operations to penetrate subsurface formations during well construction.
Differentiator
Problem solved
Functional benefit
Products and services
- Roller Cone Drill Bits Designed and manufactured by ReedHycalog UK Ltd. for use in oil and gas drilling operations to penetrate subsurface formations through rolling cutter action. Targeted at oil and gas operators and drilling contractors specifying bits for upstream well construction.
- Synthetic Diamond Drill Bits Polycrystalline diamond drill bits designed and manufactured by ReedHycalog UK Ltd. for oil and gas drilling in hard and abrasive formations. Targeted at upstream oil and gas operators and drilling contractors seeking durable diamond-impregnated cutting structures.
Companies that use ReedHycalog
Customer profileIdeal customer profiles1 record
ReedHycalog technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ReedHycalog partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights2 records
ReedHycalog competitors and assessment
Company assessmentMarket position
Strengths3 records
Competitive moat3 records
Key risks4 records
Key highlights4 records
Customer concentration
ReedHycalog financial estimates
Financial estimateRevenue estimate
Valuation estimate
ReedHycalog leadership team
Management profileNumber of profiles
ReedHycalog funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ReedHycalog 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 ReedHycalog
What does ReedHycalog do?
ReedHycalog UK Ltd. designs and manufactures roller cone drill bits and synthetic diamond (polycrystalline diamond) drill bits for the oil and gas industry. Its products are used in upstream drilling operations to penetrate subsurface formations during well construction.
Is ReedHycalog a public or private company?
ReedHycalog is a private company. It is classified as corporate owned and is currently operating.
When was ReedHycalog founded?
ReedHycalog was founded in 1997.
Where is ReedHycalog based?
ReedHycalog is headquartered in Stonehouse, United Kingdom, in the Europe region.
Does ReedHycalog have an API?
No public API is recorded for ReedHycalog.
What industry is ReedHycalog in?
ReedHycalog's product category is Oilfield Drilling Equipment. Its primary akta.pro industry code is IMAHAMAB, Drill Tools, Bits & Downhole Equipment, with a secondary code of EUALABAL, Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment). Its NAICS code is 333132 and its SIC code is 3533.