United Drilling Tools Ltd Secures INR 50.30 MN Order from ONGC for Integral Blade Stabilizers
United Drilling Tools Ltd. (UDTL) announced on Monday, April 20, 2026, that it has secured a significant order from Oil and Natural Gas Corporation (ONGC) Limited. The contract is for the supply of Integral Blade Stabilizers and is valued at INR 50.30 MN.The deal comes from ONGC, one of India's key Public Sector Undertakings (PSUs) in the oil and gas sector.
Under the terms of the agreement, UDTL will supply high-performance Integral Blade Stabilizers. These stabilizers are critical to drilling operations, as they are engineered to ensure superior directional control, minimize vibration, reduce tool wear, and enhance overall drilling efficiency and wellbore quality.
The company highlighted that it is among the few manufacturers in India possessing the capability to produce such high-technology products. UDTL's stabilizers are designed with advanced precision and metallurgical strength, guaranteeing optimal balance and consistent performance even under demanding drilling conditions, thereby enabling improved rate of penetration (ROP) and extending tool life.
This recent order reinforces UDTL's established track record in the oil and gas industry, reflecting sustained confidence in the company’s product quality and engineering excellence from major PSUs like ONGC. The order is expected to be executed within four to five months, adhering to ONGC's stringent quality specifications.
Shri Jyoti Kumar, GM-Sales and Marketing, stated that the win reinforces the company’s technical expertise in manufacturing high-performance stabilizers and reiterates UDTL's commitment to delivering reliable and efficient oilfield solutions.
UDTL, which has been operational since 1985, is based in Noida and is a leading manufacturer of various oilfield equipment. Its product line includes large OD casing pipe with multi start high performance connectors, Wireline & well service equipment, Gas lift equipment, and Downhole Tools. The company emphasizes that all its equipment is manufactured in conformity with international standards, including ISO and API standards.
UNIDT Stock Price Movement
As of 3:24 PM, shares of United Drilling Tools Limited are slipping by 2.47% in live trading, currently trading at ₹208.32. The stock has seen 9,787 shares traded so far, suggesting continuous selling pressure in the market session.Source:
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