Greka Drilling

What Greka Drilling does

Greka Drilling Limited is one of the largest independent and specialised unconventional gas drilling companies in Asia, providing formation evaluation, drilling and well completion services for coal bed methane (CBM) and other unconventional gas operators. Established in November 2007 and headquartered in Zhengzhou, China, with a regional headquarters in New Delhi, India, the company serves enterprise clients—principally CBM developers—across the PRC and India through direct field sales engagements on a project basis. Its stated mission is to enable clients to extract unconventional gas in a cost-efficient and environmentally sound manner, with a vision of being globally recognised as the leading provider of drilling services for unconventional gas.

The company's product offering is an integrated stack anchored by proprietary methodologies and purpose-built equipment. The LiFaBriC (Lined Faulted Brittle Coal) completion methodology adapts horizontal drilling techniques for faulted, brittle coal seams, enabling gas extraction without aggressive stimulation, fracturing or chemicals. The in-house Rotating Magnet Ranging System (RMRS) locates the drill bit up to 100 metres before an intersect point to enable pre-emptive directional changes, with the company reporting a 95% first-time intersect success rate in CBM operations. Greka operates the largest EM-MWD kit fleet in Asia (14 Dual EM-MWD kits deployed in China and India) supplemented by LWD, gamma and annular pressure measurement tools, and a satellite-linked SCADA Operations Control Centre (OCC) that provides 24/7 real-time monitoring, geo-steering and well-planning support. The standardised Drillmec GD75 hydraulic top-drive rig fleet is purpose-built for CBM/CSG wells and operates under ISO 9001 quality management. Supporting services include cementing, mud logging, drilling fluids, wireline logging, coring and geological/geophysical well planning.

Greka generates revenue through B2B drilling services delivered as project-based contracts to unconventional gas operators; pricing is not publicly disclosed and is understood to vary with well complexity, depth, location and programme duration. The company is part of the Greka Group of companies founded by Randeep Singh Grewal, who serves as Chairman and CEO, with regional operating leadership in China (President and COO Zhang Bao Zhuang) and India (President and COO Pradeep Gupta), and technical and operational leadership under Vice Presidents Rene Pedersen and Luan Shao Wei. Ownership is founder-controlled through the Grewal Family Office, with no disclosed institutional investors in the source data, although firmographic data references an LSE ticker (GDL). Headcount is in the 101–250 range and the company holds ISO 9001 certification across operating, HSE and maintenance procedures.

Name

Greka Drilling

Legal name

Greka Drilling Limited

Website

https://grekadrilling.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Greka Drilling is a leading independent specialised unconventional gas drilling company in Asia, providing formation evaluation, drilling and well completion services to coal bed methane operators in China and India using proprietary LiFaBriC and RMRS technologies.

Ownership category

akta.pro rank

Product category

Unconventional Gas Drilling Services

NAICS

Drilling Oil and Gas Wells (213111), Natural Gas Extraction (21113), Support Activities for Oil and Gas Operations (213112), Oil and Gas Extraction (2111)

SIC

Drilling Oil & Gas Wells (1381), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Coalbed Methane (CBM) / Coal Seam Gas (CSG) (EUAAAAAD)

akta.pro secondary industries

Drilling & Well Construction (E&P Operator-led) (EUALAAAD), Unconventional Gas E&P (Shale/Tight Gas) (EUAAAAAC)

Keywords

• Unconventional gas drilling
• Coal bed methane services
• Horizontal drilling
• Oilfield drilling services
• Well completion services

Headquarters

HQ city

Zhengzhou

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Drilling Services: Greka Drilling generates revenue by providing drilling services to unconventional gas operators. Services include formation evaluation, drilling, and well completion across vertical, directional, and horizontal configurations. The company operates on a project-based contract model serving coal bed methane operators in Asia.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Greka Drilling provides integrated unconventional gas drilling services to coal bed methane (CBM) operators across Asia, covering the full lifecycle of formation evaluation, vertical/directional/horizontal drilling, and well completion. Services are delivered through a purpose-built fleet of Drillmec GD75 rigs equipped with proprietary technologies including EM-MWD, LWD, RMRS, LiFaBriC completion methodology, and a SCADA-linked Operations Control Centre for real-time monitoring.

Product overview

Greka Drilling offers an integrated portfolio of unconventional gas drilling services as a single cost-effective solution, combining proprietary technologies and purpose-built equipment. The core offering spans the full lifecycle from formation evaluation through drilling to well completion, anchored by the LiFaBriC methodology for coal bed methane production without fracking. The product suite includes EM-MWD and LWD real-time drilling measurement technologies, the RMRS ranging system for well intersections, SCADA-linked OCC for 24/7 remote monitoring, and a standardised fleet of Drillmec GD75 hydraulic rigs—all unified under ISO 9001 quality management.

Differentiator

Problem solved

Functional benefit

Products and services

• Integrated Unconventional Gas Drilling Services End-to-end drilling services for coal bed methane (CBM) and other unconventional gas assets in Asia, covering formation evaluation, vertical, directional, and horizontal drilling, and well completion, delivered through a purpose-built Drillmec GD75 rig fleet supported by proprietary EM-MWD, LWD, RMRS, LiFaBriC, and SCADA/OCC technologies; contracted by enterprise oil and gas operators in China and India.
• Well Completion Services Additional well services including cementing, mud logging, drilling fluids, wireline logging, and coring, performed under Greka Drilling's management and HSE protocols as part of integrated unconventional gas well construction projects.
• Geological and Geophysical Services Specialised well planning and engineering services that coordinate directly with clients and integrate with Greka's drilling and geology personnel to provide accurate positional, mechanical, and geophysical well data for CBM and unconventional gas projects.

Quantifiable outcome

• 95% first-time intersect success rate in CBM wells using RMRS technology
• +3 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Halliburton: Global oilfield services major offering drilling, evaluation, and completion technologies. Comparable to Greka on the drilling and formation evaluation side, with relevant overlap in unconventional gas and horizontal drilling technologies, though Halliburton serves a global diversified customer base.
• Baker Hughes: Global oilfield services and equipment company providing drilling services, downhole tools, and measurement technologies. Comparable to Greka in MWD/LWD/ranging technologies and unconventional drilling applications, but at vastly larger scale and global reach.
• Weatherford International: Global oilfield services provider offering drilling, evaluation, and completion technologies. Comparable to Greka in drilling and formation evaluation services, particularly in directional and horizontal drilling adjacent to CBM operations.
• SLB (formerly Schlumberger): Global oilfield services giant providing drilling, MWD/LWD, and completions services worldwide. Comparable to Greka across the technology stack (MWD/LWD/ranging systems) but operating at global scale with a much broader portfolio spanning conventional and unconventional hydrocarbons.
• Precision Drilling: North American-focused drilling and well services company with horizontal drilling expertise applicable to unconventional gas. Partially comparable to Greka on drilling technology and horizontal well capabilities, though operating in a different geography (predominantly North America).

Direct peers

• China Oilfield Services Limited (COSL): Largest Chinese offshore and onshore oilfield services company, providing drilling, well services, and geophysical services to E&P operators including in unconventional gas. Directly comparable to Greka as a drilling services provider active in China, but at vastly larger scale and with broader service portfolio.
• Anton Oilfield Services: Hong Kong-listed independent oilfield services company providing drilling, completion, and production services primarily in China. Directly comparable to Greka as an Asia-focused independent drilling and well services provider, with similar customer set among Chinese E&P operators.

Emerging players

• Green Dragon Gas: CBM-focused upstream producer with operations in China's Qinshui Basin. Comparable to Greka through its CBM concentration in Asia and use of horizontal drilling technologies, though operating as a producer rather than as a drilling services provider.
• Far East Energy: CBM producer with concessions in China. Comparable to Greka through its Chinese CBM focus and reliance on advanced drilling and completion techniques, operating as a customer/peer in the same unconventional gas ecosystem.
• Sino Gas & Energy: CBM and tight gas operator in China with holdings in the Ordos Basin. Comparable to Greka as an Asia-focused unconventional gas participant involved in CBM drilling and development, though as an upstream operator rather than a drilling services specialist.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

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 Greka Drilling