Smart Downhole Tools Revenue

About Smart Downhole Tools

Smart Downhole Tools B.V. (SDT B.V.) is an emerging international company. Founded in Alkmaar, The Netherlands, SDT also has a major operating presence in North America headquartered in Houston, Texas. SDT maintains a core strategic principle that the company’s long term goal is to be a 100% employee owned. Our founders fundamentally believe that those who contribute to the success of the company should own it and grow with it. SDT scientists, technologists and business people are entrepreneurs that have gained a unique appreciation for the challenge, freedom and satisfaction of contributing to the growth of an entity that is structured to provide long term rewards to the people that actually contribute. From the lab assistants and accounting clerk to the research and development scientist to the CEO, we believe that all persons that contribute to success should have the opportunity to participate in the ownership of the company. We have implemented several employee stock ownership mechanisms to earn and or acquire ownership in the company through direct capital contribution. SDT’s purpose is to help Exploration and Production (E&P) companies save time, reduce expenses and negative environmental, safety and health impacts in their drilling process by providing innovative hardware drilling technology. Economic and market analyst project that the E&P market will grow at 4.5% CAGR to reach $7.6 Trillion by 2025. SDT’s Initial focus is on improving technology and the directional drilling processes. Our experienced scientists have invented technologies that will materially reduce the cost of directional drilling with positive displacement motors (PDM). SDT’s technology also reduces the environmental impact because it reduces the need to trip the drilling string in and out of the wellbore. "All of us are a lot smarter than any one of us !"

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