Drilling Tools International

DTI controls its own manufacturing, notably through a facility in Broussard, Louisiana that produces steel and non-magnetic drill collars, stabilizers, and PDC diamond products. That captive production allows the company to engineer and test proprietary tools — such as the RotoSteer and Drill-N-Ream systems — directly with operator feedback, rather than relying solely on third-party OEM supply.

The Drill-N-Ream system is designed to eliminate dedicated reamer runs by conditioning the wellbore while drilling, which reduces torque, drag, and stick-slip. Its companion tool, RotoSteer, extends that capability specifically for longer-reach horizontal wells where traditional rotary steerable assemblies face mechanical limits.

The firm runs dense service-center coverage across the Permian (five Midland-area locations), the Gulf Coast (three Broussard sites), the Rockies, the Mid-Continent, and the Marcellus. Internationally, operations are weighted toward the Middle East — with hubs in Dubai, Abu Dhabi, and Dammam — and the North Sea via Aberdeen, complemented by facilities in Malaysia, Australia, Germany, the Netherlands, and Western Canada.

DTI entered the public markets through a business combination with the special-purpose acquisition company RCF Acquisition Corp, with the transaction closing in 2023. That structure converted a legacy privately held oilfield tool rental and manufacturing business into a publicly traded entity.

DTI has grown partly through acquisition of adjacent product lines — Deep Casing Tools and Stinger Oil Tools operate under its umbrella — but the core model remains the manufacture, rental, and inspection of downhole tools rather than operating E&P assets or taking equity stakes in operators.