360 Drilling Consultants

What 360 Drilling Consultants does

360 Drilling Consultants is a Boerne, Texas-based, privately held drilling optimization consultancy founded in 2020 by Alfredo Villarreal and Bahri Kutlu, both veterans of Apache Corporation's North America Unconventional Resources unit. The firm serves oil and gas drilling operators with an integrated service stack covering process optimization, management of change, cost management, and performance tracking, anchored by a proprietary KPI and cost management tracking software used to run daily fluid and solids control audits. The software aggregates daily operational data into configurable dashboards that surface cost overages before invoicing and identify non-productive time drivers such as loss circulation, mud conditioning, and solids control inefficiencies. Quantified outcomes cited include $4.0 million in operator savings identified over a three-year period and cost reductions of 52% in the southern Alpine High and 25% per well in the northern Alpine High while the partners were at Apache.

The business is a boutique professional-services firm with 1–10 employees, no external institutional funding, and a sales-led, direct-engagement GTM that reaches enterprise E&P customers via phone outreach, the company website, and LinkedIn. Revenue is generated through quote-based project or retainer consulting engagements, with pricing not publicly disclosed. Apache Corporation is the only named customer in available data; the firm's intellectual property base includes two granted 2014 patents held personally by co-founder Villarreal for expandable coatings and weighting agents in drilling fluids. Geographic reach is positioned as global, supported by Villarreal's prior ExxonMobil Global Account Manager experience including Russia regional responsibility for the Kara Sea joint venture with Rosneft.

Name

360 Drilling Consultants

Legal name

360 Drilling Consultants

Website

https://360drillingconsultants.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

360 Drilling Consultants is a Boerne, Texas-based drilling optimization consultancy that serves oil and gas operators with process optimization, cost management, and KPI tracking services backed by proprietary auditing software.

Ownership category

akta.pro rank

Product category

Oil and Gas Drilling Consulting

NAICS

Support Activities for Oil and Gas Operations (213112)

SIC

Services-Management Consulting Services (8742), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Operations & Process Improvement Consulting (BPAHACAB)

akta.pro secondary industry

Production Operations & Well Optimization (Artificial Lift, Flow Assurance) (EUALAAAF)

Keywords

• Drilling optimization consulting
• Oil and gas services
• Drilling fluids management
• Solids control consulting
• Well cost reduction

Headquarters

HQ city

Boerne

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Drilling Optimization Consulting Services: Professional consulting services providing drilling optimization expertise, including process optimization, management of change, cost management, and performance tracking. Revenue is generated through engagement-based fees, likely project or retainer-based consulting engagements with oil and gas operators.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

360 Drilling Consultants delivers drilling optimization consulting to oil and gas operators, combining drilling fluids expertise, solids control knowledge, and data analytics to reduce Non-Productive Time, control fluid and waste management costs, and improve well construction performance from spud to total depth. Services include process optimization, management of change, cost management, and performance tracking, all powered by a proprietary KPI and cost management tracking software.

Product overview

360 Drilling Consultants offers a suite of drilling optimization consulting services focused on the oil and gas industry. The portfolio consists of four core service offerings—Process Optimization, Management of Change, Cost Management, and Performance Tracking—which work together as an integrated system. Central to these services is the proprietary KPI and cost management tracking software, which serves as the analytical engine for performance tracking and cost auditing. The approach combines subject matter drilling expertise with multi-disciplinary integration and data analytics to deliver efficient wells, as described in their mission to offer a full 360-spectrum view.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Operator savings of over $4.0 million identified before invoicing over 3-year period through cost management and auditing processes
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature2 records

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Corva: Corva provides a real-time drilling and completions analytics platform for oil and gas operators, directly overlapping with 360 Drilling Consultants' KPI/cost-tracking software and optimization services. Both target unconventional drilling operators with data-driven performance improvement offerings.
• P2 Energy Solutions: P2 Energy Solutions provides upstream oil and gas operations, accounting, and production software to operators and service companies. It competes in adjacent performance-tracking and operational analytics software where 360's proprietary KPI platform sits.

Broad incumbents

• Weatherford International: Weatherford provides drilling fluids, solids control, and drilling optimization services to upstream operators globally, directly competing with 360 in drilling fluids consulting and solids control advisory work.
• Halliburton: Halliburton is a global oilfield services major offering drilling fluids, solids control, drilling optimization, and digital performance software (iCruise, SmartFleet) as part of a broad portfolio. Co-founder Villarreal spent 15 years at Halliburton Baroid PSL, and Halliburton bundles many of the same optimization capabilities 360 sells standalone.
• Baker Hughes: Baker Hughes provides drilling services, drilling fluids, and digital performance optimization (through its i-Trak and Edge platforms) as part of a broad oilfield services portfolio, competing for the same drilling optimization budgets as 360.
• SLB (Schlumberger): SLB is the largest global oilfield services company, offering drilling optimization, drilling fluids through its M-I SWACO business, and the DrillOps and Schlumberger Digital platforms. It competes broadly with 360 in drilling performance services for enterprise operators.

Emerging players

• Validere: Validere provides oil and gas performance, quality, and emissions data analytics for operators and traders. It is an emerging competitor in upstream oil and gas data-driven optimization, adjacent to 360's KPI/cost tracking offering.
• Tachyus: Tachyus is a subsurface data analytics company applying machine learning to optimize oil and gas production and injection operations. It overlaps with 360's data-analytics-driven approach to drilling optimization but focuses more on reservoir/production analytics.
• Welligence: Welligence provides global oil and gas analytics, benchmarking, and asset-level performance data used by operators, investors, and consultants. It competes indirectly with 360's KPI benchmarking and performance tracking for upstream operators.
• Workrise (formerly RigUp): Workrise is a technology marketplace connecting oilfield operators with skilled labor and field services; while primarily a staffing platform, it touches the drilling operations support ecosystem where 360 sells its consulting services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/360drillingconsultants
• LinkedInlinkedin.com/company/360drillingconsultants

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 360 Drilling Consultants