DrawWorks

Founded: 1998 • Age: 28 yrs Acquired By McCoy Global
Provider of running tool, single joint compensator drift bars manufacturing services

About DrawWorks

DrawWorks is an Industrial Goods & Manufacturing company founded in 1998, and was acquired by McCoy Global in October 2019. Provider of running tool, single joint compensator drift bars manufacturing services. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services. Its legal entity is McCoy Global Inc.

Company details

DrawWorks was founded in 1998 and specializes in the manufacturing of oilfield equipment components. Services encompass the production of running tools, single joint compensators, and drift bars, which support drilling and well intervention operations in the energy sector. Focus is placed on precision engineering for these specialized tools, with activities centered on industrial fabrication processes. No specific geographic operations are detailed in available records.

Key Metrics

Investors in DrawWorks

DrawWorks has secured backing from 1 investor. Prominent investors backing the company include McCoy Global.

All
InvestorDescriptionFounded YearDomainLocation
Provider of critical data acquisition and well-bore integrity solutions for the energy industry
1914mccoyglobal.comEdmonton, Canada
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Investor details for DrawWorks

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Timeline of DrawWorks

2 dated milestones of DrawWorks across 21 years, from founding to its latest funding, stage changes and deals.

  1. Founded DrawWorks is founded.
  2. Exit Acquired by McCoy Global.
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Frequently Asked Questions about DrawWorks

DrawWorks was founded in 1998.

DrawWorks was founded in 1998 and specializes in the manufacturing of oilfield equipment components. Services encompass the production of running tools, single joint compensators, and drift bars, which support drilling and well intervention operations in the energy sector. Focus is placed on precision engineering for these specialized tools, with activities centered on industrial fabrication processes. No specific geographic operations are detailed in available records.

DrawWorks has 1 investor. Key investors include McCoy Global.

DrawWorks operates through Mccoy Global Inc.

Yes. DrawWorks was acquired by McCoy Global in October 2019.

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