Oil Country Tubular Limited (OILCOUNTUB)

Overview

Oil Country Tubular Limited is a notable entity in the oil and gas drilling and exploration sector, catering to a global clientele from its base in Hyderabad, India. Since its inception in 1985, the company has specialized in manufacturing and selling essential components used in drilling operations, such as casing, tubing, and drill pipes. It stands out in the industry for offering a wide range of heavy-duty products and accessories, along with a suite of services aimed at facilitating smooth drilling operations. Presently, the company is undergoing a Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code 2016, marking a critical phase in its corporate journey.

Products and Services

• Heavy Weight Drill Pipes and Drill Collars

  These are designed to add weight to the drill string to ensure optimal drilling pressure. Drill collars maximize the amount of weight on the drill bit, enhancing drilling efficiency.

• Tubing, Casing, and High Collapse Casing Products

  These are essential for stabilizing the wellbore and facilitating the safe extraction of oil and gas. High collapse casing products are designed for use in environments with challenging geological conditions.

• Accessories

  The company offers a comprehensive range of drilling accessories, including rotary subs, lift plugs and subs, lifting bails, pup joints, sleeve stabilizers, tool joints, welded blade stabilizers, and couplings. Each accessory plays a critical role in the drilling process, enhancing operational efficiency and safety.

• Drill Rods

  Drill rods are essential components in the drill string, providing the necessary length to reach the target geological formation.

• Tool Joint Hardfacing

  This service involves applying a hard, wear-resistant material to the surfaces of tool joints to extend their operational life and performance in challenging drilling conditions.

• Tool Joints Make and Break

  A service focused on the assembly and disassembly of tool joints, critical for maintaining the integrity and functionality of the drilling equipment.

• Internal Plastic Coating of Drill Pipe and Tubing

  This process involves coating the internal surfaces of drill pipes and tubing to prevent corrosion and extend their lifespan, ensuring safer and more efficient drilling operations.

• Drill Pipe Reconditioning and Re-threading

  These services are aimed at restoring drill pipes to their optimal condition, including re-threading worn or damaged threads, thereby maximizing the utility and lifespan of the drilling equipment.

• Tubing and Casing Services

  Comprehensive services that include the maintenance and repair of tubing and casing, essential for the structural integrity of wells and the efficient extraction of resources.

• Field Inspection

  Field inspection services ensure that all equipment is in optimal condition and compliant with industry standards, minimizing the risk of downtime and operational failures.