AGREEMENT FOR DRILLING MOTORS HOUSTON (Aug. 20, 2019) — Rival Downhole Tools (Rival), a portfolio company of EV Private Equity, has secured a five-year collaborative supply agreement for drilling motors for US Land from a major oilfield services provider. Rival will utilize its market-leading engineering and operational capabilities to support the customer’s substantial and growing directional drilling business. Rival will […]
Rival Downhole Tools (Rival), the leading provider of best-in-class drilling and thru tubing motors and tools to the upstream oil and gas industry, and Ashmin Holdings (Ashmin), announced today the issuance of two patents by the U.S. Patent and Trademark Office. These patents are for a proprietary percussion drill bit and percussion downhole drilling motor […]
Rival Downhole Tools, a provider of drilling and thru tubing motors and tools to the upstream oil and gas industry, announced the launch of two proprietary products, Rival PDM and Rival FRT. Rival PDM is a patented, performance drilling motor designed to exceed downhole performance and reliability requirements. Rival FRT is a patent pending downhole […]