Coretrax

Aberdeen, United Kingdom Founded: 2008 • Age: 18 yrs Acquired By Expro
Wellbore clean-up, abandonment, and decommissioning services are offered.
Annual revenue - Latest available
Total funding - 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Coretrax

Coretrax is a company based in Aberdeen (United Kingdom) founded in 2008 was acquired by Expro in February 2024. Coretrax has completed 1 acquisition, including Churchill Drilling Tools. Coretrax offers products and services including Wellbore Clean Up and Drilling Tools.

  • Headquarter Aberdeen, United Kingdom
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Coretrax Ltd.
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $9.73 M (USD), Debt – Conventional

    Feb 26, 2014

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Expro

    & 1 more

    (Feb 12, 2024)

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Products & Services of Coretrax

Coretrax offers a comprehensive portfolio of products and services, including Wellbore Clean Up and Drilling Tools.

Product name locked
Category locked
Primary

Wellbore clean-up solutions are provided to support operations from drilling through production, ensuring effective management of well integrity.

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Downhole tools are designed for circulation in drilling, completions, and P&A operations, addressing critical challenges in well maintenance.

Funding Insights of Coretrax

Investors in Coretrax

Coretrax has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Maven Capital Partners, Expro and Buckthorn Partners.

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Venture Fund
Investor Description Founded Year Domain Location
Multiple sectors are targeted for private equity investments.
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Investments are focused on energy transition and sustainability.
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Full-cycle energy services for well construction and intervention are provided.
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Investor details for Coretrax

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Investments & Acquisitions by Coretrax

Coretrax has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Churchill Drilling Tools.

Investments
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Investment portfolio details for Coretrax

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Food products are manufactured, distributed, and food services are operated.
Locked Locked 1996 Locked
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Complete acquisition details for Coretrax

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Financial Statements - Coretrax

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Detailed financials for Coretrax

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Coretrax Comparisons

Coretrax Primary company
Description
Wellbore clean-up, abandonment, and decommissioning services...
Location
Aberdeen, United Kingdom
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Coretrax

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Competitors of Coretrax

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Detailed competitors of Coretrax

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Latest news on Coretrax

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Complete news archive for Coretrax

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Frequently Asked Questions about Coretrax

Coretrax was founded in 2008 and raised its 1st funding round 6 years after it was founded.

Coretrax is headquartered in Aberdeen, United Kingdom. It is registered at Aberdeen, Scotland, United Kingdom.

Kenny Murray is the current CEO of Coretrax.

Coretrax was founded in 2008 in Aberdeen City, Scotland, and operates within the oil and gas sector. Services encompass wellbore clean-up, plugging and abandonment, and decommissioning across the well lifecycle. Downhole tools are provided for drilling, completions, and PA operations, alongside expandable tubular technology for well integrity. Specialized chemicals and products support abandonment efforts, with project planning and engineering integrated into operations to address well performance needs.

Coretrax offers Wellbore Clean Up and Drilling Tools.

Coretrax has made 1 acquisition, including Churchill Drilling Tools.

Coretrax has 3 investors. Key investors include Maven Capital Partners, Expro, and Buckthorn Partners.

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