Eastern Drilling Company

Name

Eastern Drilling Company

Legal name

Восточная Буровая Компания (ВБК)

Website

https://vbur.ru

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Eastern Drilling Company (VBK) is a Russian industrial drilling services subsidiary of AO OGK Group, providing large-diameter well construction and core drilling for resource extraction and geological exploration clients.

Ownership category

akta.pro rank

Product category

Drilling Services

NAICS

Drilling Oil and Gas Wells (213111), Support Activities for Mining (2131)

SIC

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

akta.pro primary industry

Exploration & Production Drilling Services (RC, Core, Directional, Sonic, Auger) (IMAKAKAB)

akta.pro secondary industry

Well Construction & Completion Services (Cementing, Casing, Tubular Running) (EUALABAC)

Keywords

• Drilling services
• Well construction
• Core drilling
• Geological exploration
• Mineral exploration

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Drilling Services: Provides drilling and construction services for large-diameter wells and core drilling operations. Revenue generated through project-based service contracts for industrial drilling operations.

Distribution channels1 record

Marketing channels1 record

Core offering

Eastern Drilling Company (VBK) provides drilling and construction services for large-diameter wells and performs core drilling of any kind. The company delivers full-cycle drilling solutions for industrial, geological, and exploration applications under project-based contracts.

Differentiator

Problem solved

Functional benefit

Products and services

• Drilling and Construction of Large-Diameter Wells Drilling and construction services for large-diameter wells, supporting water wells, geological exploration, mining support, and infrastructure projects for industrial and resource-exploration clients.
• Core Drilling (Керновое бурение) Core drilling services of any type, enabling geological survey and sample extraction for various industrial and exploration applications.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• АО «ОГК Групп» (OGK Group)coreStrategic or Co-development PartnerEastern Drilling Company (VBK) is an integral part of АО «ОГК Групп» holding company. The parent company provides organizational structure, shared resources, and operational oversight. Current information about VBK services and operations is available through the parent company's official website.

Direct peers

• Baker Hughes: Major oilfield services and equipment provider with drilling services, well construction, and pressure pumping capabilities. Baker Hughes' drilling and evaluation segment directly overlaps with VBK's core drilling and well construction service lines.
• Halliburton: Global oilfield services major with a comprehensive drilling services portfolio including directional drilling, drilling fluids, and well construction. Halliburton's drilling segment is directly comparable to VBK's drilling and large-diameter well construction services.
• Weatherford International: Oilfield services company specializing in drilling, evaluation, and well construction. Weatherford's drilling-focused service portfolio closely matches VBK's offering of large-diameter well drilling and core drilling services for upstream operators.
• SLB (formerly Schlumberger): World's largest oilfield services company, offering drilling, well construction, and core analysis services globally. SLB is the most direct large-scale peer to VBK's drilling and well construction business, operating across both oil & gas and mining-related exploration drilling.
• Boart Longyear: Specialized drilling services and equipment provider focused on mineral exploration core drilling. Boart Longyear is directly comparable to VBK's core drilling services for geological survey and exploration applications in mining contexts.
• KCA Deutag: International drilling contractor providing land and offshore drilling operations, well engineering, and project management. KCA Deutag's drilling operations are closely comparable to VBK's large-diameter well construction and core drilling services.
• Major Drilling Group International: One of the world's largest mineral exploration drilling contractors, specializing in core drilling and reverse circulation drilling for mining companies. Closely comparable to VBK on core drilling services for geological survey and mineral exploration projects.
• Foraco International: Global drilling services company serving both mineral and energy markets with surface and underground drilling capabilities. Foraco's core drilling and exploration services directly overlap with VBK's core drilling service line.

Regional players

• Uralmash NGO Holding: Russian manufacturer of drilling rigs and oilfield equipment with deep Russian market presence. Comparable to VBK as a regional player operating in the same Russian drilling ecosystem, though focused on equipment supply rather than drilling services.

Others

• AO OGK Group: Parent company and Russian diversified holding company that provides organizational structure, shared resources, and operational oversight to VBK. Included as a peer because the parent's portfolio strategy directly drives VBK's project pipeline and capital allocation.

Market position

Customer concentration

• Facebookfacebook.com/vbur.ru
• LinkedInlinkedin.com/company/vbur

Revenue estimate

Valuation estimate

Number of profiles

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 Eastern Drilling Company