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Varel International Energy Services (now wholly-owned by Varel Energy Solutions)

Varel International Energy Services (now wholly-owned by Varel Energy Solutions) Revenue

Oil, Gas, and MiningFlag of USHouston, Texas, United States201-500 Employees

$

Varel International Energy Services (now wholly-owned by Varel Energy Solutions) revenue & valuation

Annual revenue$900,000,000
Revenue per employee$4,167,000
Estimated valuation?$2,880,000,000
Total fundingNo funding

Key Contacts at Varel International Energy Services (now wholly-owned by Varel Energy Solutions)

Flag of US

Riley Powell

Director Of Finance

Flag of US

Todd Mitchell

Director Engineering And Technology Roller Cone

Flag of NG

Daddy Ujah

Managing Director

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Bruno Barrial

Director Of Finance And Administration

Company overview

Headquarters4730 Consulate Plaza Dr, Houston, Texas 77032, US
Phone number+19722421160
Websites
NAICS211
Keywords
Manufacturing, Research & Development, Engineering, Applications Engineering, Float Equipment, Fixed Cutter Drill Bits, Roller Cone Drill Bits, Casing Centralizers, Casing Reaming Shoes, Completions Products, Primary Cementing Equipment
Founded1947
Employees201-500
Socials

Varel International Energy Services (now wholly-owned by Varel Energy Solutions) Email Formats

Varel International Energy Services (now wholly-owned by Varel Energy Solutions) uses 5 email formats. The most common is {first initial}{last name} (e.g., jdoe@varelintl.com), used 56.5% of the time.

FormatExamplePercentage
{first initial}{last name}
jdoe@varelintl.com
56.5%
{first name}{last name}
johndoe@varelintl.com
37.1%
{last name}{last name}
doedoe@varelintl.com
3.2%
{first initial}{last name}{f2}{first initial}{f2}
jdoe{f2}j{f2}@varelintl.com
1.6%
{f2}{first3}
{f2}{first3}@varelintl.com
1.6%

About Varel International Energy Services (now wholly-owned by 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.

Employees by Management Level

Total employees: 201-500

Seniority

Employees

Entry
Manager
Senior

Employees by Department

Varel International Energy Services (now wholly-owned by Varel Energy Solutions) has 116 employees across 14 departments.

Departments

Number of employees

Funding Data

Varel International Energy Services (now wholly-owned by Varel Energy Solutions) has never raised funding before.

Frequently asked questions

Varel International Energy Services (now wholly-owned by Varel Energy Solutions) is located in Houston, Texas, US.
You can reach Varel International Energy Services (now wholly-owned by Varel Energy Solutions) at +19722421160.
Varel International Energy Services (now wholly-owned by Varel Energy Solutions) generates an estimated annual revenue of $900,000,000. This revenue figure reflects the company's market position and business performance in its industry.
Varel International Energy Services (now wholly-owned by Varel Energy Solutions) has an estimated valuation of $2,880,000,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.
Varel International Energy Services (now wholly-owned by Varel Energy Solutions) was founded in 1947, making it 79 years old. The company has established itself as a significant player in its industry over this time.
Varel International Energy Services (now wholly-owned by Varel Energy Solutions) has approximately 201-500 employees. The company continues to grow its workforce to support its business operations and expansion.

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