About Archer
Archer is a company based in Sandnes (Norway) founded in 2011. It operates as a Professional Services and Managed Services. Archer has completed 9 acquisitions, including DeepWell, Gray Wireline and Greatwhiteenergy. Archer offers products and services including Platform Operations, Well Services, Land Drilling, and Renewable Services.
- Headquarter Sandnes, Norway
- SectorsEnergy & Utilities
- Website category Heavy Industry and Engineering · Energy Industry
- Phone•••• ••••
- Website archerwell.com
- Social LinkedIn X Facebook YouTube
- Legal Name Archer Limited
Products & Services of Archer
Archer offers a comprehensive portfolio of products and services, including Platform Operations, Well Services, Land Drilling, and Renewable Services.
Platform drilling and modular rigs are provided for operations.
Well construction and intervention services are delivered globally.
Land drilling solutions are offered for energy extraction.
Geothermal and windpower services are provided for sustainability.
Apps and channels of Archer
its YouTube channel Archer Better Wells has 891 subscribers and 19 videos.
Videos from Archer
The most watched videos on Archer's YouTube channel, Archer Better Wells (891 subscribers). Click a video to play it here.
More on Archer Better Wells.
Funding Insights of Archer
- Total Rounds 2
- Last Round Debt – Conventional — $625M
- First Round $82M
(Aug 2011)
- Investors Count 2
All 2 funding rounds of Archer with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | $625M | Debt – Conventional | – | – | – |
| Aug 2011 | $82M | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in Archer
Archer has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Seadrill and Lime Rock Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | lrpartners.com | - | |
Provider of oil & gas drilling services | 1972 | seadrill.com | London, United Kingdom |
Investor details for Archer
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People of Archer
52 people are tracked at Archer (11 in leadership, 4 in board & advisors, 37 in team).
| Name | Role | Group |
|---|---|---|
Espen Joranger | Chief Financial Officer | Leadership |
Jo Håvard Borsheim | Director Corporate Finance | Leadership |
J.b. McMeans | Director Of Quality | Leadership |
Stine Ekholdt | Finance Director - Well Services | Leadership |
Dwight Gross | VP Of Sales And Marketing | Leadership |
Alan Park | Operations Director | Leadership |
Dag Skindlo | Chief Executive Officer | Leadership |
Nicholas Pantin | Executive Vice President - Well Services | Leadership |
David Tourny | Global Operations Director | Leadership |
Fernando Zapata Bermudez | Mkt & Business Development VP - Archer WS | Leadership |
Kevin Cowieson | Director Business Development- Platform Operations | Leadership |
Kjell-Erik Østdahl | Chairman | Board & advisors |
James O’Shaughnessy | Non Executive Board Member | Board & advisors |
Peter J. Sharpe | Director | Board & advisors |
Giovanni Dell’ Orto | Director | Board & advisors |
Gary Duguid | Sales Manager | Team |
Morten Ivar Andersen | Senior R&d Engineer | Team |
Knut Lunde | Senior Cad Engineer | Team |
Stian Laland | Business Development Manager | Team |
Terje Rønning Eltvik | Senior R&d Engineer | Team |
32 more people are available in the full profile.
Complete people profiles for Archer
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IPO & Listings of Archer
Archer is a publicly listed company on the OSL with ticker symbol ARCH in Norway, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date26 Nov 2010
- Listed onOSL: ARCH
- Listed entityArcher Limited
- Exchange sectorIndustrial services
- ISINBMG0451H2087
- Share price21.90 NOK (+2.34% on the day) · 2026-10-09
- Market capitalisation2,128,558,231.00 NOK
- EPS (diluted, trailing year)-1.06 NOK
- Volume (last session)308,049
Financials of Archer
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 12.43B NOK | -609.5M NOK | 1.92B NOK |
| 2024 | 11.96B NOK | -232.3M NOK | 1.70B NOK |
| 2023 | 12.36B NOK | -297.0M NOK | 1.23B NOK |
| 2022 | 9.33B NOK | 94.3M NOK | 914.0M NOK |
| 2021 | 8.05B NOK | -127.3M NOK | 800.5M NOK |
Detailed financial statements for Archer
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Investments & Acquisitions by Archer
Archer has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include DeepWell, Gray Wireline and Greatwhiteenergy.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
High-integrity wellbore barriers are supplied for well lifecycles. | isol8.com | Aberdeen, United Kingdom | 2017 | May 2026 | •••• | |
Multi-specialty hospital services are provided in Houston. | premiumofs.com | Houston, United States | 2012 | Sep 2025 | $20M | |
Provider of wellbore intervention engineering solutions and rental tools | wfrtools.com | – | 0 | Oct 2024 | $51.5M | |
Provider of multidisciplinary services and equipment in inspection and access technology for land and offshore industries | vertikalservice.no | Volda, Norway | 2007 | Mar 2024 | •••• | |
Provider of milling services | romar-abrado.com | Ellon, United Kingdom | 2001 | Jan 2023 | •••• | |
Wireline services for well interventions are supplied to oil companies. | deepwell.no | Kopervik, Norway | 2004 | Apr 2021 | $21.3M | |
Fluid pumping, coiled tubing, snubbing, and nitrogen pumps are provided. | greatwhitepressurecontrol.com | – | 2007 | Aug 2011 | $630M | |
- | greatwhiteenergy.com | – | 0 | Aug 2011 | $742M | |
Cased-hole wireline services are provided to oil and gas exploration. | graywireline.com | Houston, United States | 2008 | Dec 2010 | $157.5M |
Complete acquisition details for Archer
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Timeline of Archer
13 dated milestones of Archer across 16 years, from founding to its latest funding, stage changes and deals.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Gray Wireline.
- Founded Archer is founded.
- Acquisition Acquires greatwhitepressurecontrol.
- Acquisition Acquires Greatwhiteenergy.
- Funding First funding round of $82.0M.
- Funding Latest funding round, Debt – Conventional, of $625.0M.
- Acquisition Acquires DeepWell.
- Acquisition Acquires Romar-Abrado.
- Acquisition Acquires Vertikal Service.
- Acquisition Acquires Wfrtools.
- Acquisition Acquires Premium Oilfield Services.
- Acquisition Acquires isol8.
Web traffic of Archer
The website of Archer (archerwell.com) receives about 53.5K visits a month and ranks #508,218 among all websites worldwide, #6,949 in Energy Industry.
- Monthly visits53.5K
▲ 6.8% vs previous month
- Unique visitors15.4K
per month
- Global rank#508,218
among all websites
- Category rank#6,949
Heavy Industry and Engineering · Energy Industry
- Bounce rate48%
- Pages per visit4.1
- Average visit2 min 10 sec
- DevicesDesktop 52% · Mobile 48%
Websites whose visitors overlap most with Archer. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| odfjelldrilling.com | 100% | 15.5K | #1,691,785 | View details | |
| kcadeutag.com | 99% | – | – | View details | |
| offshorenorway.no | 94% | 3.8K | #4,682,634 | View details | |
dolphindrilling.no | dolphindrilling.no | 80% | – | – | – |
| seadrill.com | 79% | 64.1K | #533,544 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Archer
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Latest news on Archer
Complete news archive for Archer
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Archer
10 companies that operate in the same segment as Archer (Oil & Gas Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | – | USD 35.69 B | 110,000 | |
MET Group is engaged in energy trading and renewable production. | 2012 | Zug, Zug, Switzerland | USD 58.74 M | USD 33.52 M | – | |
bp is recognized as a global energy company. | 1909 | United States | – | USD 185.5 B | 100,500 | |
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | – | USD 16.73 B | 14,700 | |
Provider of oil & gas downstream services | 1997 | United States | – | USD 13.55 B | 10,680 | |
Energy infrastructure services are provided by Kinder Morgan. | 1997 | United States | – | USD 16.81 B | 10,930 | |
Shell is recognized as a global energy and petrochemical company. | 1907 | London, England, United Kingdom | – | USD 262.93 B | 104,000 | |
Provider of natural gas & oil exploration and transportation services | 1922 | Buenos Aires, Argentina | – | – | – | |
Midstream services for oil and gas are provided. | 1996 | Dallas, Texas, United States | – | USD 85.54 B | 16,250 | |
Integrated petroleum services are provided worldwide by Oxy. | 1920 | Houston, Texas, United States | – | USD 21.56 B | 13,320 |
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Frequently Asked Questions about Archer
Archer was founded in 2011.
Archer is headquartered in Sandnes, Norway. It is registered at Sandnes, Rogaland, Norway.
Annual revenue of Archer is $1.23B as on Dec 31, 2025.
Archer is established as a global energy service company with over 50 years of experience. Operations are conducted in more than 40 locations worldwide, employing around 5,000 staff. High-quality services and innovative technology are provided to optimize energy solutions for customers. The company is focused on renewable energy services, including geothermal drilling and windpower, as part of the energy transition. A commitment to achieving a net-zero target by 2050 is emphasized. Sectors served include oil and gas as well as renewable energy, with solutions spanning platform operations, well services, and land drilling.
Archer offers Platform Operations, Well Services, Land Drilling, and Renewable Services.
Yes, Archer is publicly traded on OSL under the ticker symbol ARCH.
Archer has made 9 acquisitions, including DeepWell, Gray Wireline, and Greatwhiteenergy.
Archer has 2 investors. Key investors include Seadrill, and Lime Rock Partners.
Archer operates through Archer Limited.