TTS Drilling Solutions
- Company typePrivate
- Founded2011
- HeadquartersOklahoma City, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
TTS Drilling Solutions firmographics
Firmographics- Name
- TTS Drilling Solutions
- Legal name
- TTS Drilling Solutions
- Website
- https://ttsdrilling.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
TTS Drilling Solutions industry classification
Industry- Product category
- Oilfield Downhole Rental Tools
- NAICS
- Drilling Oil and Gas Wells (213111), Support Activities for Mining (213), Mining and Oil and Gas Field Machinery Manufacturing (33313)
- SIC
- Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD)
- akta.pro secondary industries
- Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC), Drill Tools, Bits & Downhole Equipment (IMAHAMAB)
Keywords
Where TTS Drilling Solutions is headquartered
LocationHeadquarters
- HQ city
- Oklahoma City
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
TTS Drilling Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure
Revenue model
- Tool Rental: TTS Drilling Solutions rents out specialized downhole drilling tools (XRV products) to oil and gas operators for use in drilling and casing operations. The company designs rental tools that outperform competitors.
- Service and Support: Providing superior service to customers as part of the rental offering, including technical support and field service for successful field operations.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
TTS Drilling Solutions product offering
Product offeringCore offering
TTS Drilling Solutions designs and rents specialized downhole tools for extended-reach drilling and casing operations in horizontal oil and gas wells. Its core offerings include the XRV family of vibratory tools (Drilling XRV and Casing XRV), Safety Joints, Open Hole Perforator, and Downhole Data Recorder, all offered as rental equipment with accompanying field service and technical support across North America.
Product overview
TTS Drilling Solutions offers a portfolio of specialized downhole tools for extended reach drilling and casing operations. The core product line includes the Drilling XRV and Casing XRV vibratory tools, Safety Joints, Open Hole Perforator, and Downhole Data Recorder. These tools work together to address friction challenges in horizontal wells, improve cement integrity, and provide data monitoring throughout drilling operations. The tools are designed as rental equipment that can be run anywhere in the casing string, with expendable options that are either drilled out or left in the well.
Differentiator
Problem solved
Functional benefit
Brands
- XRV Plus: A downhole vibratory tool that operates with NO moving parts but greatly enhances operations in horizontal well bores. The tool functions by utilizing a specialized fluid path to create a varying flow resistance.
- Casing XRV
- Drilling XRV
- Downhole Data Recorder
- Open-Hole Perforator
Products and services
- Drilling XRV Downhole vibratory rental tool for extended-reach drilling operations that uses a specialized fluid path to create oscillating hydraulic loads, breaking static friction between drillstring and wellbore to enhance drilling in horizontal wells. Designed for oil and gas operators drilling long-lateral wells.
- Casing XRV Expendable vibratory casing tool designed to reduce friction during casing installation in horizontal wells, minimizing torque and force required while reducing damage to casing and completion equipment such as frac sleeves and packers. Provided as rental to oil and gas operators.
- Safety Joints Downhole safety tools for through-tubing operations that provide emergency disconnect capabilities and wellbore safety features for oil and gas operators.
- Open Hole Perforator Rental tool that creates perforations in open-hole sections of wells to provide initiation points for induced fractures in subsequent hydraulic fracturing operations, targeted at oil and gas operators in horizontal well applications.
- Downhole Data Recorder Rental downhole data acquisition system that houses two gauges on the drill string, providing high-speed burst-mode axial and lateral vibration and pressure recording as well as high-resolution slow-speed temperature and pressure monitoring, with burst data recording capability of 30+ days for oil and gas operators.
Quantifiable outcome
- 33% reduction in casing installation time (36 hours vs 54 hours without tool)
- +4 more outcomes
Companies that use TTS Drilling Solutions
Customer profileNamed customers3 records
Segments1 record
Ideal customer profiles1 record
TTS Drilling Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
TTS Drilling Solutions partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Thru Tubing SolutionscoreThru Tubing Solutions and TTS Drilling Solutions appear to be affiliated companies under common ownership/management. Both companies share founder Roger L. Schultz and appear to operate as sister companies serving different segments of the downhole tools market - Thru Tubing Solutions focused on coiled tubing tools, TTS Drilling Solutions focused on drilling and casing tools.
- RPCminorRPC ( rpc.net ) appears to be an affiliated company. Both TTS Drilling Solutions and RPC are referenced in the website footer as part of a related company group.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
TTS Drilling Solutions competitors and assessment
Company assessmentOthers
- SLB (Schlumberger):
- RPC Inc. Affiliated sister company referenced on TTS Drilling Solutions' website footer; provides oilfield services and rental tools to the same operator base. Listed as a related/strategic partner rather than a direct head-to-head competitor.
Broad incumbents
- Halliburton: One of the world's largest oilfield services companies, offering drilling, completion, and production tools including downhole vibration, friction reduction, and casing products. Competes with TTS at the tool level but operates at vastly greater scale and product breadth.
- Weatherford International: Oilfield services company with significant drilling, evaluation, and completion tool offerings, including downhole tools used in horizontal wells. Broader portfolio than TTS but overlaps in the well-construction tool segment.
- Baker Hughes: Large diversified oilfield services company providing drilling tools, completions, and well construction services. Overlaps with TTS in downhole drilling and completion tool categories, serving many of the same North American operators.
Direct peers
- Peak Completion Technologies: Specialty provider of downhole tools and completion technologies for horizontal and unconventional wells, with rental-based offerings to E&P operators in North American shale basins.
- Thru Tubing Solutions: Direct sister company under common ownership (Roger L. Schultz) and affiliated with TTS Drilling Solutions. Provides coiled tubing and through-tubing downhole tools to the same E&P operator base, with overlapping regional footprint and customer relationships in oil and gas.
- NCS Multistage Holdings: Provider of downhole completion tools, multistage fracturing systems, and well construction products for horizontal wells. Directly comparable to TTS's casing and drilling tool rental offerings targeting the same horizontal-drilling pain points.
- Innovex Downhole Solutions: Designs and rents downhole tools and completion products for oil and gas operators, with a focus on extended-reach and unconventional wells. Comparable in tool-rental model and target customers to TTS Drilling Solutions.
- Downhole Technology: Provider of downhole tools, including vibration and friction-reduction tools, for oil and gas drilling and completions. Directly overlaps with TTS's XRV vibratory tool family in product category and customer use case.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
TTS Drilling Solutions social profiles
Digital presenceTTS Drilling Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
TTS Drilling Solutions leadership team
Management profileNumber of profiles
TTS Drilling Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TTS Drilling Solutions 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 TTS Drilling Solutions
What does TTS Drilling Solutions do?
TTS Drilling Solutions designs and rents specialized downhole tools for extended-reach drilling and casing operations in horizontal oil and gas wells. Its core offerings include the XRV family of vibratory tools (Drilling XRV and Casing XRV), Safety Joints, Open Hole Perforator, and Downhole Data Recorder, all offered as rental equipment with accompanying field service and technical support across North America.
Is TTS Drilling Solutions a public or private company?
TTS Drilling Solutions is a private company. It is classified as corporate owned and is currently operating.
When was TTS Drilling Solutions founded?
TTS Drilling Solutions was founded in 2011. It employs 51 to 100 people.
Where is TTS Drilling Solutions based?
TTS Drilling Solutions is headquartered in Oklahoma City, United States, in the North America region.
How does TTS Drilling Solutions make money?
Two revenue lines are on record. Tool Rental is the primary driver. The others are service and Support.
Who are TTS Drilling Solutions's main competitors?
Others on record are SLB (Schlumberger) and RPC Inc.. Broad incumbents are Halliburton, Weatherford International and Baker Hughes. Direct peers are Peak Completion Technologies, Thru Tubing Solutions, NCS Multistage Holdings, Innovex Downhole Solutions and Downhole Technology.
Does TTS Drilling Solutions have an API?
No public API is recorded for TTS Drilling Solutions.
What industry is TTS Drilling Solutions in?
TTS Drilling Solutions's product category is Oilfield Downhole Rental Tools. Its primary akta.pro industry code is EUALABAD, Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control), with a secondary code of EUALABAC, Well Construction & Completion Services (Cementing, Casing, Tubular Running). Its NAICS code is 213111 and its SIC code is 3533.