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Radial Drilling Services, Inc. logo — Enhancing production in mature oil and gas wells with advanc...

Radial Drilling Services, Inc.

Enhancing production in mature oil and gas wells with advanced lateral drilling technologies and expert services.

Founded 2004 United States Spring, United States 54 employees Series Unknown Oil and Gas

General Information

Company Name Radial Drilling Services, Inc.
Founded Year 2004
Location United States Spring, United States +5
Employees 54
Industries Oil and Gas
Funding Stage Series Unknown
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About Radial Drilling Services, Inc.

Radial Drilling Services, Inc. (RDS) is a Houston-based company founded in 2004 that specializes in enhancing productivity in mature oil and gas wells through advanced lateral drilling technologies. RDS's slogan, "Enhancing production in mature oil and gas wells with advanced lateral drilling technologies and expert services," encapsulates its core mission. The company operates not only in the United States but also has additional offices in Russia and Canada. RDS supplies unique technologies, equipment, and experienced personnel to boost output by utilizing radial drilling through adapted coiled tubing technology. Their technologies promote increased recovery by achieving greater reservoir exposure with RDS' multiple lateral grid. RDS also provides tailored tools and methods for varying reservoir conditions, contributing to their comprehensive market approach. The most recent venture round investment was made on 01 November 2011, with Main Street Capital Corporation being the investor. This investment showcases the confidence that prominent players in the industry have in RDS' innovative approach. With a focus on the oil and gas industry, RDS is strategically positioned to capitalize on the demand for advanced technologies to revitalize mature wells.

Taxonomy: oil and gas industry, lateral drilling technologies, radial drilling services, coiled tubing technology, reservoir exposure, production enhancement, mature wells, oilfield services, energy technology, innovation, Houston-based company, global operations

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 1
Investor
01 Nov 2011

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FAQ About Radial Drilling Services, Inc.

Enhancing production in mature oil and gas wells with advanced lateral drilling technologies and expert services.
Radial Drilling Services, Inc. was founded in 2004.
Radial Drilling Services, Inc. is headquartered in Spring, United States.
Radial Drilling Services, Inc. operates in the following industries: Oil and Gas.
Radial Drilling Services, Inc. has approximately 54 employees.
Radial Drilling Services, Inc. has completed 1 funding round. The latest funding stage is Series Unknown.
Top alternatives and competitors to Radial Drilling Services, Inc. include Maan Technoplus, Radial, Forge Medical, SB Directional Services, Earth Drilling Co. Ltd.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Radial Drilling Services, Inc. and Maan Technoplus are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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