Ulterra Drilling Technologies L.P.

Ulterra Drilling Technologies L.P. is a pioneering drilling partner in the oil and gas industry with a mission to facilitate advancements in the field. Their innovative drill bit technologies are designed to not only lower drilling costs and reduce non-productive time, but also to mitigate risk, making them a reliable choice for drillers globally.

Founded in 1927 and headquartered in the United States, Ulterra has rapidly established itself as the fastest-growing oil and gas drill bit company worldwide, and the largest in the North American market. The company's commitment to excellence and unmatched credibility makes them the preferred bit supplier for many drillers.

Ulterra stands out for its adaptability and rapid-prototyping approach to address diverse drilling dynamics in all applications. Their ability to provide customized solutions for optimized performance sets them apart in the industry. Combining the experience and wisdom of industry veterans with a culture of innovation and entrepreneurship, Ulterra takes pride in delivering only premium-quality, high-performance PDC bits to a global market.

With a workforce of over 600 employees across major drilling markets worldwide, Ulterra is dedicated to earning trust through speed, innovation, and consistent performance. Although there is no available information on their last investment or the investors involved, Ulterra's strong market position and impressive track record make it a compelling company to watch in the industrial, manufacturing, and oil and gas sectors.