Varel Energy Solutions Revenue and Competitors

Houston, TX USA

Location

N/A

Total Funding

Energy/Oil

Industry

Estimated Revenue & Valuation

  • Varel Energy Solutions's estimated annual revenue is currently $150.4M per year.(i)
  • Varel Energy Solutions's estimated revenue per employee is $306,250

Employee Data

  • Varel Energy Solutions has 491 Employees.(i)
  • Varel Energy Solutions grew their employee count by 21% last year.

Varel Energy Solutions's People

NameTitleEmail/Phone
1
EVP Human ResourcesReveal Email/Phone
2
VP Roller Cone and Lean EnterpriseReveal Email/Phone
3
VP Global ManufacturingReveal Email/Phone
4
EVP Engineering & TechnologyReveal Email/Phone
5
VP Eastern HemisphereReveal Email/Phone
6
EVP - North AmericaReveal Email/Phone
7
EVP, Business Development, Strategy & MarketingReveal Email/Phone
8
EVP Human ResourcesReveal Email/Phone
9
Head Product DesignReveal Email/Phone
10
SVP, Chief Accounting OfficerReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$38M14123%N/AN/A
#2
$60.6M2254%N/AN/A
#3
$6.7M343%N/AN/A
#4
$11.2M516%N/AN/A
#5
$18.6M766%N/AN/A
#6
$7.3M3915%N/AN/A
#7
$42.3M15734%N/AN/A
#8
$18.6M764%N/AN/A
#9
$6.9M356%N/AN/A
#10
$5M290%N/AN/A
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What Is Varel Energy Solutions?

Founded in 1947, Varel Energy Solutions is one of the world's largest independent manufacturer and suppliers of downhole drilling and completions products to the energy sector. Headquartered in Houston, TX, VES services oil & gas, renewal energy, and industrial markets with its comprehensive suite of roller cone and fixed cutter drill bits as well as a complete portfolio of primary cementing equipment. The company employs more than 1,000 people and has manufacturing facilities in Matamoros, Mexico, Aberdeen, Scotland, Ibos, France, Dammam, Saudi Arabia, Kurgan, Russia, Houston, TX (starting 2021) as well as sales offices throughout the world. VES's proprietary design capabilities, efficient manufacturing, and global sales force uniquely position the company to provide high-quality downhole solutions delivering reliable performance and a superior customer experience. For more information, visit www.varel.com.

keywords:N/A

N/A

Total Funding

491

Number of Employees

$150.4M

Revenue (est)

21%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Varel Energy Solutions News

2022-04-20 - Geothermal Drill Bits Market Size And Forecast 2022-2030 ...

... Forecast 2022-2030 | Key Players – America West Drilling Supply Inc., Varel International Energy Services Inc., Baker Hughes, a GE Co.

2022-03-22 - Derek Nixon Talks Varel Energy Solutions' Sale to Bluewater ...

In 2020, Varel Energy Solutions was acquired by Blue Water Energy after Sandvik divested its operations relating to the oil and gas industry...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$178M4911%N/A
#2
$129.7M49423%N/A
#3
$151.6M4950%N/A
#4
$61.9M4955%N/A
#5
$151.9M4969%N/A