About Enhanced Drilling
Enhanced Drilling is a company based in Straume (Norway) founded in 1987 was acquired by Expro in May 2026. The company has 81 employees. Enhanced Drilling offers products and services including EC-Drill®, RMR®, MPC®, and CTS. Enhanced Drilling operates in a competitive market with competitors including Nabors, Ulterra, Pason, Reelwell and Verdande Technology, among others.
- Headquarter Straume, Norway
- Employees 81
- SectorsEnergy & Utilities
- Email••••••••
- Website enhanced-drilling.com
- Social LinkedIn Facebook
- Acquired by EV Private Equity (Jul 2019)
Products & Services of Enhanced Drilling
Enhanced Drilling offers a comprehensive portfolio of products and services, including EC-Drill®, RMR®, MPC®, and CTS.
System for pressure management in offshore drilling operations
Technology for mud recovery in subsea wells
System for cementing in challenging drilling environments
Solution for transporting cuttings during drilling
Funding Insights of Enhanced Drilling
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Enhanced Drilling 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 2005 | – | Series A | – | – |
3 investors in total: 3 institutional.
Investors in Enhanced Drilling
Enhanced Drilling has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Equinor, Expro and EV Private Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in sustainable energy technology companies is facilitated. | – | evprivateequity.no | Stavanger, Norway | |
Petroleum, natural gas, petrochemicals, and electrical power are produced globally. | 1972 | equinor.com | Stavanger, Norway | |
Full-cycle energy services for well construction and intervention are provided. | 1973 | expro.com | Reading, United Kingdom |
Investor details for Enhanced Drilling
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People of Enhanced Drilling
30 people are tracked at Enhanced Drilling (7 in leadership, 23 in team); the tracked headcount is 81.
| Name | Role | Group |
|---|---|---|
Lars J. Halvorsen | COO | Leadership |
Rune M Daae | VP Group Accounting | Leadership |
Kjetil Lunde | CEO | Leadership |
Bernt Eikemo | VP Sales & Marketing | Leadership |
Christian Stenshorne | VP, Innovation | Leadership |
Harald Hufthammer | VP, Technology & Reliability | Leadership |
Andy Westlake | VP Americas | Leadership |
Paul Murphy | Global Supply Chain Manager | Team |
Snorre Lutnes | Technical Sales Manager | Team |
Tom Hasler | SVP Business Development | Team |
Geir Inge Tingvoll | Project Manager | Team |
Atle Brudvik | Elecrtical Engineering Manager | Team |
Anette K. Kristiansen | IT Manager | Team |
Gabriel Gamez | MPD | Team |
Rudy Flores | Technical Sales Manager | Team |
Curtis Palm | Ec-drill Equipment SME | Team |
Chyun T. | Procurement Specialist | Team |
Beate Alsaker | Project Manager | Team |
Stian Krogstad | Senior Control System Engineer | Team |
Russell Lee | Field Specialist | Team |
10 more people are available in the full profile.
Complete people profiles for Enhanced Drilling
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Timeline of Enhanced Drilling
4 dated milestones of Enhanced Drilling across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Enhanced Drilling is founded.
- Funding First funding round.
- Exit Acquired by EV Private Equity.
- Exit Acquired by Expro.
Competitors of Enhanced Drilling
Enhanced Drilling operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nabors, Ulterra, Pason, Reelwell and Verdande Technology, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nabors.com | 1952 | Bermuda | – | 10,000 | Cloud and app-based onshore and offshore drilling solutions are provided. | |
| ulterra.com | 2005 | Fort Worth, United States | – | 294 | Manufacturer of polycrystalline diamond compact drill bits | |
| pason.com | 1978 | Calgary, Canada | – | 187 | Integrated drilling data solutions are provided for real-time optimization. | |
| reelwell.com | 2004 | Stavanger, Norway | $12.2M | 14 | Dual Drill String technology solution for oil and gas drilling industry | |
| verdandetechnology.com | 2004 | Trondheim, Norway | $14.4M | – | Provider of real-time drilling decision support for oil and gas industry | |
| sekal.com | 2011 | Sandnes, Norway | $3.72M | 80 | Software solutions for drilling in oil & gas industry | |
| motivedrilling.com | 2015 | Dallas, United States | $10.5M | – | Machine intelligence is utilized for real-time directional drilling guidance. | |
| edrilling.no | 2008 | Stavanger, Norway | – | – | 3D simulation-based well-drilling software is developed for training and operations. | |
| scientificdrilling.com | 1969 | Houston, United States | – | 1,098 | Offers drilling motors, MWD systems, and wellbore surveying for energy sector. |
Detailed competitors of Enhanced Drilling
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Web traffic of Enhanced Drilling
The website of Enhanced Drilling (enhanced-drilling.com) receives about 7.3K visits a month.
- Monthly visits7.3K
▲ 56.9% vs previous month
Websites whose visitors overlap most with Enhanced Drilling. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| oedigital.com | 100% | – | #394,093 | View details | |
| subseaworldnews.com | 100% | – | #1,233,253 | View details | |
subseaiq.com | subseaiq.com | 100% | – | – | – |
| drillingedge.com | 100% | – | #1,129,620 | View details | |
| worldoil.com | 100% | 107.9K | #441,230 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Enhanced Drilling
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- 6 similar websites
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Latest news on Enhanced Drilling
Complete news archive for Enhanced Drilling
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Enhanced Drilling
10 companies that operate in the same segment as Enhanced Drilling (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 5.44 B | – | 242 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Norway | USD 225 M | – | 1 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | USD 1.67 M | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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Frequently Asked Questions about Enhanced Drilling
Enhanced Drilling was founded in 1987 and raised its 1st funding round 18 years after it was founded.
Enhanced Drilling is headquartered in Straume, Norway. It is registered at Straume, Vestland, Norway.
Enhanced Drilling has 81 employees.
Annual revenue of Enhanced Drilling is $45M as on Dec 31, 2022.
Enhanced Drilling (fka AGR Enhanced Drilling) is a Norway-based company focused on providing drilling services and solutions to the oil and gas industry. The company provides EC-Drill Managed Pressure Drilling system which is is a Controlled Mud Level (CML) system that enables operators to drill within a narrow pressure window. The company also offers Riserless Mud Recovery system which is a risk reduction tool. It is a Dual Gradient Drilling system which returns mud and cuttings to the rig before the marine riser is run, without discharge to the seabed. The company also offers Managed Pressure Cementing, and Cuttings Transportation Systems.
Enhanced Drilling offers EC-Drill®, RMR®, MPC®, and CTS.
Enhanced Drilling has 3 investors. Key investors include Equinor, Expro, and EV Private Equity.
Yes. Enhanced Drilling was acquired by EV Private Equity in July 2019.