Dragon Tubulars

What Dragon Tubulars does

Dragon Tubulars (Sucursal Colombia), established in 2008, is a Colombia-based manufacturer and service provider specializing in pipe, spiral, and thread machining for the oil and gas sector. The company operates three sites — Malambo (Atlántico), Bogotá, and Pompeya (Meta) — enabling proximity to both offshore operations and onshore Llanos and Middle Magdalena basins. Its core technical capabilities include CNC machining of OCTG (Oil Country Tubular Goods), inspection, repair, and torque testing, supported by API SPEC Q1 and ISO 9001-2015 certifications.

The company manufactures under license from major thread technology owners including Grant Prideco, Metal One, Hilong, and Technitube, and has developed proprietary products — notably the Wear Knot Drill Pipe (WKDP), for which it is the only Colombian provider, and the Spiro Torq Torq Reducer. These licensed connections and proprietary IP form the technical backbone of its offering and qualify it for inclusion on approved-vendor lists for major operators.

Dragon Tubulars generates revenue through multiple streams: direct sales of threaded and machined tubular products, rental of drill pipe and OCTG, inspection and repair services, and licensing royalties from its proprietary thread and reducer IP. It serves a broad enterprise customer base of 25+ named accounts spanning national oil companies (Ecopetrol), international IOCs (Occidental, Hocol, Gran Tierra), global oilfield services firms (SLB, Halliburton, Weatherford, BHGE), drilling contractors (Nabors, Precision Drilling), and offshore drillers (Diamond Offshore, Dolphin Drilling, Seadrill). Distribution is direct enterprise field sales with technical support integrated into the manufacturing and inspection workflow.

Name

Dragon Tubulars

Legal name

Dragon Tubulars Sucursal Colombia

Website

https://tubulars.dragon.com.co

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Dragon Tubulars is a Colombia-based manufacturer and service provider of threaded OCTG and drill pipe for the oil and gas sector, operating API-certified facilities and serving Ecopetrol, major IOCs, and global oilfield services firms with proprietary and licensed thread products.

Ownership category

akta.pro rank

Product category

Oilfield Tubular Goods Manufacturing & Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533), Steel Pipe & Tubes (3317)

akta.pro primary industry

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

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Pipe & Tube Manufacturing (Seamless & Welded OCTG/Line Pipe/Structural Tube) (IMAKABAI)

Keywords

• Oilfield tubular goods
• Drill pipe manufacturing
• Thread machining services
• Drilling tubular repair
• Oil and gas services

Headquarters

HQ city

Malambo

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Inspection Services: Inspection services for tubing, casing, and drill pipe at wellhead and in-shop. Includes visual inspection, thread inspection, and comprehensive tubular management reporting.
2. Repair Services: Thread machining, pipe straightening, seal refinishing, cold working, phosphatizing, hardbanding application/removal, tool joint rebuilding and replacement for drill pipe and HWDP.
3. Tubular Product Sales: Sale of drill pipe, Heavy Weight Drill Pipe (HWDP), Drill Collars, substitutes, and Wear Knot Drill Pipe. Products include both standard and proprietary connection types.
4. Rental Equipment: Rental of drill pipe (various OD sizes), Landing Strings, Drill Collars, Handling Equipment, Mud Containment Systems, HWDP, and Torq Reducers to drilling operators.
5. Licensing Royalties: Revenue from licensed manufacturing and threading of proprietary connection types under agreements with Grant Prideco, Metal One, Rotary Drilling Tools USA, Technitube, Hilong Group, Drill Pipe Master DPM, Weima, and JSH.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Dragon Tubulars manufactures, repairs, inspects, rents, and sells drilling tubulars (drill pipe, Heavy Weight Drill Pipe, drill collars, subs) and specialty products for the Oil & Gas sector. The company operates CNC and conventional lathe machining with API and proprietary connection threading licenses, and offers on-site wellhead inspection, hardbanding, and offshore tubular services from facilities in Malambo and Pompeya, Colombia. Its proprietary Wear Knot Drill Pipe and Spiro Torq Torque Reducers are positioned for extended reach horizontal and offshore drilling applications.

Product overview

Dragon Tubulars is a comprehensive tubular solutions provider for the Oil & Gas industry, offering a portfolio of products and services for drilling, completion, and production operations. The product portfolio includes core tubular products (Drill Pipe in standard and Wear Knot variants, Heavy Weight Drill Pipe, Drill Collars), manufactured subs and tools (Top Drive Saver Subs, Cross Overs, Bit Subs, Pup Joints, and other specialty subs), and rental equipment (Landing Strings, Handling Equipment, Mud Containment Systems, and Spiro Torq Torq Reducers). Services include repair (thread machining, straightening, hardbanding, tool joint rebuilding), inspection (wellhead inspection for tubing and casing), offshore services (RSC repair, hardbanding, storage), fabrication, rental, and sale. The company operates licensed facilities in Malambo and Pompeya, Colombia with API and other thread certifications.

Differentiator

Problem solved

Functional benefit

Products and services

• Drill Pipe Standard drill pipe for oil and gas drilling operations, available in various sizes (2-7/8" to 5-7/8" OD) and specifications including G-105 and S-135 steel grades, sold to E&P companies and drilling contractors.
• Wear Knot Drill Pipe (WKDP) Proprietary specialized drill pipe with wear-resistant knots that protect against OD wear on tool joints and pipe body, reduce friction and drag forces in directional and horizontal wells, and minimize keyseating risk. Only company in Colombia offering this product, positioned for extended reach horizontal (ERD) drilling.
• Heavy Weight Drill Pipe (HWDP) Heavy-walled drill pipe used as transitional string between drill pipe and drill collars, available in spiral, tri-spiral, and standard configurations in sizes from 2-7/8" to 5-7/8" OD, sold to E&P companies and drilling contractors.
• Drill Collars Thick-walled tubulars that provide weight on bit for drilling operations, available in sizes from 3-1/8" to 9-1/2" OD, sold to E&P companies and drilling contractors.
• Specialty Drill String Subs Manufactured specialty subs including Top Drive Saver Subs, Cross Over Subs, Bit Subs, Lifting Subs, Lifting Bails/Plugs/Caps (Ayatolas), Pup Joints, Side Entry Subs, Circulation Head (Pump-In) Subs, Lower Kelly Valves Subs, Inside BOP Subs, and Pony Collars for drilling string configurations, sold to E&P companies and drilling contractors.
• Landing Strings Specialized drill pipe strings used for landing casing and well completion operations, available for rental to drilling operators.
• Handling Equipment Equipment for handling and transporting tubulars during drilling operations, available for rental to drilling operators.
• Mud Containment System System for containing drilling mud and fluids during operations, available for rental to drilling operators.
• Spiro Torq Torque Reducers Casing protection devices available in Integral Type and Non-Rotating Sleeve Type, providing torque reduction, hole cleaning, and differential sticking prevention with claimed 100% failure-free operation for offshore and geothermal (HPHT) applications, available for rental.
• Repair Services Comprehensive repair services including thread machining, pipe straightening, seal refacing, cold working (cold rolled), connection phosphatizing, make-up and break-out connection, breaking service, and tool joint rebuilding/replacement for drill pipe and HWDP, delivered to E&P companies and drilling contractors.
• Hardbanding Services Flux Core (MIG Automated) welding process applying hard metal bands on drill pipe tool joints, drill collars, HWDP, and other downhole components for abrasion protection, including DURABAND, Ultraband NC, and Tuffband NC products from Postle Industries, delivered as a certified Level 2 applicator.
• Internal Plastic Coating Application of internal plastic coatings for corrosion protection of tubulars, delivered to E&P companies and drilling contractors.
• Wellhead Tubing and Casing Inspection On-site inspection services at wellhead for tubing and casing (2-3/8" to 5-1/2" OD), offering reduced well congestion, fewer personnel requirements, elimination of transport to inspection centers, tube life prediction, well profile reporting, and environmental impact reduction, delivered to E&P companies and drilling contractors.
• Offshore Tubular Services Offshore rotary shouldered connection (RSC) repair and inspection, hardbanding application/removal, contaminated drill pipe and HWDP cement cleaning, tool modification, and pipe storage services delivered to offshore drilling contractors (Diamond Offshore, Dolphin Drilling, Seadrill).

Quantifiable outcome

• Reduced well congestion and personnel requirements compared to traditional inspection methods
• +2 more outcomes

Named customers27 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core.

• Grant PridecocoreTechnology or IntegrationLicensed manufacturing and threading for proprietary connection types: XT, GPDS (Ultra GPDS), and DELTA connections. Malambo base holds this license for API 7-1-1868, 7-2-1049, 5B-0203 threads.
• Metal OnecoreTechnology or IntegrationLicensed manufacturing and threading for proprietary connection types: Geoconn and Flushmax. Malambo base holds this license.
• Rotary Drilling Tools USAcoreTechnology or IntegrationLicensed for Double Shoulder Connection (DS) and High Torque Connection (DT) proprietary connection types at Pompeya base.
• TechnitubecoreTechnology or IntegrationLicensed for TS6 Connection proprietary threading at Pompeya base.
• Hilong Group of CompaniescoreTechnology or IntegrationLicensed for HLIDS, HLMT, and HLIST proprietary connection types at Pompeya base.
• Drill Pipe Master DPMcoreTechnology or IntegrationLicensed for DPM ST, DPM MT, DPM High Torque, and DPM DS proprietary connection types at Pompeya base.
• Weima of CompaniescoreTechnology or IntegrationLicensed for WMHT and WMT proprietary connection types at Pompeya base.
• JSHcoreTechnology or IntegrationLicensed for JSHHTPAC proprietary connection type at Pompeya base.
• Postle IndustriescoreTechnology or IntegrationDURABAND NC TUFFBAND Level 2 Certified Applicator status for applying hardbanding products (Duraband, Ultraband NC, Tuffband NC).

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• NOV (National Oilwell Varco): Global oilfield equipment and services giant including the Grant Prideco drill pipe and connections brand that licenses XT/GPDS/DELTA to Dragon Tubulars. Broad incumbent comparable because it both competes with and licenses to Dragon Tubulars across drill string equipment, hardbanding, and tubular running services.
• Weatherford: Major oilfield services company providing drilling, evaluation, completions and production solutions, including tubular running services and downhole tools. Broad incumbent comparable because it both competes for tubular management work and is listed as a Dragon Tubulars customer.

Direct peers

• Oil States International: Provider of integrated oilfield products and services, including tubular running services and downhole tools for offshore and onshore drilling. Direct comparable to Dragon Tubulars' offshore services and wellhead/tubular management offerings.
• Tenaris: Global integrated manufacturer of steel pipes for the oil and gas industry, including OCTG, drill pipe, line pipe and sucker rods with extensive operations in Latin America. Direct comparable because Dragon Tubulars competes with Tenaris for the same drill pipe / HWDP / connection business at Colombian E&P and offshore customers.
• TMK: Russian-headquartered global manufacturer of steel pipe for oil and gas, including OCTG and drill pipe with proprietary connections. Direct comparable to Dragon Tubulars in the upstream tubular supply market, especially for international operators active in Colombia.
• Hunting PLC: Global supplier of energy components and services, including OCTG connections, premium drill pipe, and downhole tools. Direct comparable to Dragon Tubulars' threading, machining, and proprietary connection portfolio for oil and gas operators.
• Vallourec: Premium tubular solutions provider for oil and gas, mining and industrial markets, with proprietary VAM connection family licensed globally. Direct comparable because it sells drill pipe, HWDP, and licensed premium connections to the same upstream and offshore contractor customers that Dragon Tubulars serves in Colombia.
• Tejas Tubular Products: Manufacturer and supplier of OCTG, line pipe, and drill pipe for the oil and gas industry with operations across the Americas. Direct comparable to Dragon Tubulars as a regional tubular manufacturer competing for the same Latin American E&P and service-company customers.
• Frank's International: Provider of tubular running services, downhole tools, and well construction equipment to the global oil and gas industry, with strong offshore exposure. Direct comparable to Dragon Tubulars' offshore tubular running, RSC repair, and wellhead inspection work.
• Hilong Group: China-based oilfield services and tubular manufacturer with proprietary HLIDS/HLMT/HLIST connection families (licensed by Dragon Tubulars for Colombia). Direct comparable as both a connection licensor and competing drill pipe supplier targeting Latin American and global E&P customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/dragontubulars1
• LinkedInlinkedin.com/company/dragon-tubulars-sucursal-colombia
• Instagraminstagram.com/dragontubulars

Compliance26 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

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 Dragon Tubulars