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Tesco Corp.

Tesco Corp.

Sector: Oil And Gas Field Machinery And Equipment Region: TX, United States


: | Nasdaq: TESO


Similar to: Exterran Holdings, Inc., Trinidad Drilling Ltd.

Tesco Corp. engages in the development and commercialization of drilling technology and services. It designs, manufactures and provides technology based solutions for the upstream energy industry. The company's products and service offerings consist mainly of equipment sales and services to drilling contractors and oil and natural gas operating companies. Tesco operates its business through four segments: Top Drive, Tubular Services, Casing Drilling, and Research and Engineering. The Top Drive segment sells equipment and provides services to drilling contractors and oil and natural gas operating companies. It provides top drive rental services on a day-rate basis for land and offshore drilling rigs, and also provides after-market sales and service for its customers. The Tubular Services segment includes a suite of automated offerings, as well as conventional casing and tubing running services. The Casing Drilling segment consists of the company's proprietary Casing Drilling technology. The Research and Engineering segment is comprised of internal research and development activities related to the company's proprietary tubular services and Casing Drilling technology and top drive model development. Tesco was founded on December 1, 1993 and is headquartered in Houston, TX.

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