ROTARY Drilling Co. Ltd.

Name

ROTARY Drilling Co. Ltd.

Legal name

ROTARY Drilling Company Limited

Website

https://rotarydrilling.hu

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Oil and Gas Drilling Services

NAICS

Drilling Oil and Gas Wells (213111), Support Activities for Oil and Gas Operations (213112), Support Activities for Mining (21311)

SIC

Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Drilling & Workover Rigs (Land & Offshore) (EUALABAA)

akta.pro secondary industries

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oil and gas drilling services
• Workover rig operations
• Well intervention services
• Tubular handling services
• Drilling rig fleet

Headquarters

HQ city

Nagykanizsa

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Distribution channels1 record

Core offering

ROTARY Drilling Co. Ltd. provides contract drilling and workover services, plus comprehensive well intervention services, to the oil and gas industry. The core offering is the deployment of its rig fleet (six drilling and workover rigs) to drill and complete hydrocarbon exploration and development wells, supplemented by joint services such as tubular handling, mud/fluid technology, slickline, nitrogen, coiled tubing, and downhole fishing tools. Customers are primarily Hungarian and international exploration and production companies.

Product overview

ROTARY Drilling Co. Ltd. is an oil and gas drilling services company offering a fleet of drilling and workover rigs (R-68, R-69, Lyb-42, Lyb-43, Lyb-38, Kk-23) along with comprehensive well services including tubular handling, mud plant operations, and downhole/fishing tools services. The company provides services for drilling and completion of hydrocarbon exploration and development wells, with the core activity focused on delivering cost-effective well construction through its specialized equipment fleet.

Differentiator

Problem solved

Functional benefit

Products and services

• R-68 Drilling Rig Heavy-duty drilling rig (ZJ 50 DB, JC 50 DB drawworks, 1500 HP, 408 mt working capacity) deployed for hydrocarbon exploration and development drilling.
• R-69 Mobile Drilling Rig Mobile drilling rig (ZJ 40, JC 28/11 F drawworks, 1000 HP, 229 mt working capacity) used for oil and gas drilling operations.
• Lyb-42 Light Mobile Drilling / Heavy Workover Rig Light mobile drilling and heavy workover rig (IDECO SBS DIR-806, IDECO H-1000 drawworks, 700 HP, 160 mt capacity) for drilling and workover operations.
• Lyb-43 Heavy Workover Rig Heavy workover rig (IDECO SBS DIR-5506/A, H 37 ED IDECO drawworks, 375 HP, 122 mt capacity).
• Lyb-38 Workover Rig Workover rig (IDECO SBS DIR-5506, H 37 ED IDECO drawworks, 375 HP, 96 mt capacity).
• Kk-23 Workover Rig Compact workover rig (IDECO SBS DIR-110, IDECO-SBS H35-CK drawworks, 300 HP, 54.4 mt capacity).
• Tubular Handling Services (THS) Handling tools and services to support drilling and completion operations at all stages of well construction, including tubular handling, preparation, inspection and wellsite installation with computerized torque monitoring.
• Mud Plant Service Service for building new water-based mud, recycling used drilling/drill-in and completion fluids, and handling used and waste drilling fluids.
• Downhole and Fishing Tools Services Fishing operations service with an extensive line of tools and technologies for both cased and open hole applications.
• CAMCO Slickline Unit Slickline well intervention service unit, operational since 1981, for well intervention operations in oil and gas wells.
• Nitrogen Service Nitrogen well intervention service added to ROTARY's well services portfolio in 1986 for various well operations.
• Coiled Tubing Service Coiled tubing well intervention service providing coiled tubing operations for oil and gas wells, added in 1992.

Named customers12 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• CROSCO, Integrated Drilling & Well Services Co., Ltd.coreStrategic or Co-development PartnerCROSCO is the sole shareholder of ROTARY Drilling Co. Ltd. ROTARY is a member of the Crosco Group. CROSCO is an integrated drilling and well services company headquartered in Zagreb, Croatia.
• INA d.d.coreStrategic or Co-development PartnerROTARY is a member of INA d.d. and operates under INA Group's Ethics Council. Most tenders issued by ROTARY are made through the procurement system of INA d.d.
• MOL GroupcoreStrategic or Co-development PartnerROTARY is a member of MOL Group and operates under MOL Group's Ethics Council. ROTARY follows MOL Group's Code of Ethics and Business Conduct and Ethics guidelines.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Saipem SpA: Italian integrated energy services and drilling company with operations across Europe, Middle East, and North Africa. Comparable on geographic reach and integrated drilling/well services scope, but at much larger scale and with offshore exposure.
• Nabors Industries Ltd. Global drilling and well services contractor with a large international rig fleet. Useful reference point for international land drilling operations and workover/well services benchmark economics.
• Weatherford International plc: Global oilfield services company providing drilling, evaluation, and well intervention services. Comparable on the well services portfolio (slickline, coiled tubing, fishing tools, tubular handling) that ROTARY has built out since 1981.
• Precision Drilling Corporation: Canadian-domiciled drilling and well services company with a sizeable international rig fleet. Comparable on the land drilling and well services lines but operates at materially larger scale.
• Helmerich & Payne International Drilling Co. Large global land drilling contractor operating hundreds of rigs primarily in the US and Middle East. Comparable as a benchmark for land rig drilling services economics, scale, and crew utilization, even though ROTARY is much smaller.
• INA d.d. Croatian integrated oil and gas company that is a sister company within the MOL Group and a major customer of ROTARY. Operates upstream E&P and uses drilling contractors similar to ROTARY across the Adriatic basin.

Direct peers

• KCA Deutag: International land and offshore drilling contractor with a mixed fleet across Europe, Middle East, and North Africa. Closely comparable mid-sized diversified drilling services peer with similar rig capacity profile and international tender-driven business model.
• MB Petroleum Services: Mid-sized international land drilling and workover contractor active in Middle East, North Africa, and Eastern Europe. Closely comparable in fleet size, rig capacity range, and geographic markets overlapping with ROTARY's international footprint.
• CROSCO, Integrated Drilling & Well Services Co., Ltd. Zagreb-based integrated drilling and well services company and sole shareholder of ROTARY. Operates the same land/offshore drilling rig and well services model across the same MOL/INA ecosystem. Direct parent and most direct operational peer.

Regional players

• ROGTEC (Regional Oilfield Technology)/regional land drilling contractors in CEE: Regional Central/Eastern European hydrocarbon services trade publication and ecosystem representing niche land drilling contractors serving the same basin geographies and gas-storage workover demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/rotary-drilling-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 ROTARY Drilling Co. Ltd.