United Drilling Tools Ltd Secures Order from Shivganga Drillers for Stabilizers

United Drilling Tools Ltd Secures Order from Shivganga Drillers for Stabilizers

United Drilling Tools Ltd Secures Order from Shivganga Drillers for Stabilizers​

United Drilling Tools Ltd (UDTL), a prominent manufacturer of specialized high-technology equipment for the oil and gas sector, has secured a new order from Shivganga Drillers Limited. The contract is valued at INR 16.61 lakh and involves supplying different types of stabilizers to the private sector company operating in the oil and gas industry.

The order centers on critical drilling components known as Stabilizers, which are designed to maintain wellbore stability and enhance drilling efficiency during oil and gas exploration and production activities. This engagement marks the first time UDTL has supplied these specific stabilizers to Shivganga Drillers Limited and is intended as an opportunity to evaluate the performance and quality of UDTL's products under live field operating conditions.

UDTL has a proven track record, having already delivered similar Stabilizers to various Government Public Sector Undertakings (PSUs) and private sector customers. The company emphasizes that its products are developed through stringent engineering, manufacturing, and quality assurance processes to meet the demanding requirements of the oil and gas industry.

The order is expected to be executed within a period of 1 to 2 months, adhering strictly to Shivganga's specifications and quality standards.

Shri Govind Sharma, GM-Global Sales and Marketing at UDTL, commented on the development, stating that the company is pleased with the engagement. He expressed confidence that their stabilizers will meet customer expectations, noting that their products are designed and manufactured through rigorous engineering standards and quality control procedures. The successful supply of these components to other PSUs and private sector firms reinforces UDTL’s commitment to quality and performance.

Company Overview and Capabilities​

Established in 1985 in Noida, Uttar Pradesh, UDTL is a leading manufacturer within the oil drilling equipment space. The company specializes in large OD casing pipe with multi start high performance connector, Wireline & well service equipment, Gas lift equipment, and Downhole Tools.

UDTL's products are designed using field-proven test designs and adhere to international standards, specifically ISO and API standards. The firm is dedicated to continuous improvement and innovation in its manufacturing processes.

Key details regarding UDTL’s intellectual property and market presence include:

AspectDetails
Trademarks32 registered (24 in India, 8 internationally)
Design Patents14 registered (9 in India, 5 in the UK)
Patent Applications8 patents received in India

UDTL continues to focus on delivering excellence through robust manufacturing and engineering innovation while expanding its market footprint domestically and internationally.

UNIDT Stock Price Movement​

As of 10:47 AM, shares of United Drilling Tools Limited are shedding value in live trading, dipping by 2.09% and currently measuring at ₹243.01. The stock's activity registers 4,632 shares traded so far this morning.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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