Independence Contract Drilling Revenue and Competitors

Houston, TX USA

Location

$207.9M

Total Funding

Energy/Oil

Industry

Estimated Revenue & Valuation

  • Independence Contract Drilling's estimated annual revenue is currently $72.7M per year.(i)
  • Independence Contract Drilling's estimated revenue per employee is $230,825
  • Independence Contract Drilling's total funding is $207.9M.
  • Independence Contract Drilling's current valuation is $40.6M. (January 2022)

Employee Data

  • Independence Contract Drilling has 315 Employees.(i)
  • Independence Contract Drilling grew their employee count by 5% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$23.5M96-9%N/AN/A
#2
$58.2M21612%N/AN/A
#3
$6.7M343%N/AN/A
#4
$9.4M482%N/AN/A
#5
$15.9M729%N/AN/A
#6
$7.3M3915%N/AN/A
#7
$18.6M7623%N/AN/A
#8
$16.1M733%N/AN/A
#9
$5.9M307%N/AN/A
#10
$5M29-12%N/AN/A
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Corporate Overview Independence Contract Drilling was formed in 2011 as a vertically integrated premium land drilling services provider. From its wholly owned API certified manufacturing facility in Houston, Texas Independence Contract Drilling provides E&P operators the ShaleDriller series rigs. These rigs are fast moving, programmable AC rigs custom designed to be best in class for the development of shale plays and other areas where completions require long horizontal sections. The ShaleDriller is based on a proven rig design with units operating in all major US shale plays. Driven by superior design characteristics, ShaleDriller rigs provide a compelling value proposition to our customers. The fine control of key drilling parameters offered by ShaleDriller proprietary AC software code allows same-class wells to be drilled in almost half the time required by a mechanical rig and 20% faster than with DC equipment. Combined with the ShaleDriller's fast mobilization this allows operators to drill four eleven additional wells per year, per rig.

keywords:N/A

$207.9M

Total Funding

315

Number of Employees

$72.7M

Revenue (est)

5%

Employee Growth %

$40.6M

Valuation

N/A

Accelerator

Independence Contract Drilling News

2022-04-20 - Independence Contract Drilling, Inc. Announces Timing of ...

Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers in the United States. The...

2022-04-06 - Fast Track Solutions (OTCMKTS:FTRK) versus Independence ...

Fast Track Solutions (OTCMKTS:FTRK) versus Independence Contract Drilling (NYSE:ICD) Critical Review. Posted by admin on Apr 12th, 2022.

2022-03-30 - Independence Contract Drilling: Better Quality Rigs And Repricing Will Outdo Cash Flow Concerns

Independence Contract Drilling has several 300 Series rigs in its marketed supply inventory which can fetch a higher margin. · The increasing...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$114.2M31537%N/A
#2
$59.1M315-4%N/A
#3
$114.2M31516%N/A
#4
$114.2M31547%N/A
#5
$114.2M31547%N/A