Varel Energy Solutions Revenue and Competitors
Estimated Revenue & Valuation
- Varel Energy Solutions's estimated annual revenue is currently $150.4M per year.
- Varel Energy Solutions's estimated revenue per employee is $306,250
Employee Data
- Varel Energy Solutions has 491 Employees.
- Varel Energy Solutions grew their employee count by 21% last year.
Varel Energy Solutions's People
| Name | Title | Email/Phone |
|---|---|---|
1 | EVP Human Resources | Reveal Email/Phone |
2 | VP Roller Cone and Lean Enterprise | Reveal Email/Phone |
3 | VP Global Manufacturing | Reveal Email/Phone |
4 | EVP Engineering & Technology | Reveal Email/Phone |
5 | VP Eastern Hemisphere | Reveal Email/Phone |
6 | EVP - North America | Reveal Email/Phone |
7 | EVP, Business Development, Strategy & Marketing | Reveal Email/Phone |
8 | EVP Human Resources | Reveal Email/Phone |
9 | Head Product Design | Reveal Email/Phone |
10 | SVP, Chief Accounting Officer | Reveal Email/Phone |
Varel Energy Solutions Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $38M | 141 | 23% | N/A | N/A |
#2 | $60.6M | 225 | 4% | N/A | N/A |
#3 | $6.7M | 34 | 3% | N/A | N/A |
#4 | $11.2M | 51 | 6% | N/A | N/A |
#5 | $18.6M | 76 | 6% | N/A | N/A |
#6 | $7.3M | 39 | 15% | N/A | N/A |
#7 | $42.3M | 157 | 34% | N/A | N/A |
#8 | $18.6M | 76 | 4% | N/A | N/A |
#9 | $6.9M | 35 | 6% | N/A | N/A |
#10 | $5M | 29 | 0% | N/A | N/A |
What Is 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.
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Total Funding
491
Number of Employees
$150.4M
Revenue (est)
21%
Employee Growth %
N/A
Valuation
N/A
Accelerator
Varel Energy Solutions News
... Forecast 2022-2030 | Key Players America West Drilling Supply Inc., Varel International Energy Services Inc., Baker Hughes, a GE Co.
In 2020, Varel Energy Solutions was acquired by Blue Water Energy after Sandvik divested its operations relating to the oil and gas industry...
Other Companies in Houston
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $178M | 491 | 1% | N/A |
#2 | $129.7M | 494 | 23% | N/A |
#3 | $151.6M | 495 | 0% | N/A |
#4 | $61.9M | 495 | 5% | N/A |
#5 | $151.9M | 496 | 9% | N/A |