Energy & PowerAug 11, 2026

Enhanced Drilling Services

Company Profile Analysis

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Enhanced Drilling Services - Energy & Power showcase

Year Founded & Workforce

2012-12-31

Industry

Energy & Power

Services

Enhanced Drilling Services Overview

Company Headquarters: Straume, Norway

Founded: 2013

Company Working: Enhanced Drilling Services (EDS) provides drilling services and technology to the international oil and gas industry. EDS operates through three operational segments, which are enhanced drilling, cannseal and group/others. Cannseal technology is mainly used in mature oilfields to seal off the inflow of water and gas. The company offers a wide range of oilfield capabilities including MPD, dual gradient drilling, cementing, clean-up operations, safety enhancement technology, and mud removal technology. EDS has worked on more than 600 wells in its lifetime with its RMR and CTS technology. The company has offices and workshops in various countries including the UK, the US, Australia and Azerbaijan. Also, the company has workshop in Canada and an office in Malaysia.

Strategy

EDS as a key strategy is inclined towards research and development to stay ahead in the highly competitive market. It has been a leading service provider for offshore enhanced drilling in the past few years with its innovative drilling technologies. The company has been focusing on expansion and has offices and operations in many countries. It regularly conducts webinars to educate clients about its products and advantages the oil producers will have from them.

Company Snapshot

$87.6M

Revenue

2012-12-31

Founded

Straume, Norway

Headquarters

SWOT Analysis

Strengths

Wide range of drilling services provided by the company
Strong research and development team

Weaknesses

Declining annual revenues

Opportunities

Upcoming rigs in Norway and neighboring countries
Growing requirement for advanced drilling services in the Asia-Pacific region

Threats

High operating risk
Continuous technological advances in the Oil & gas industry

Key Developments

Date	Approach	Development
September 2016	–	EDS signed a four-year contract with Lundin to provide it EC Drill technology and services for four years
July 2016	–	EDS launched its new office and workshop facility in Baku, Azerbaijan. The new office in the region is estimated to increase the revenue generated for the company
December 2015	–	EDS entered into a long-term contract with BP Baku for EC-Drill technology and services, for operation in the Caspian region. BP estimated that using MPD on this field will increase oil recovery substantially

Product Offering

Enhanced Drilling Services
- EC-Drill MPD system

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Enhanced Drilling Services as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Enhanced Drilling Services

Company Headquarters: Straume, Norway Founded: 2013 Company Working: Enhanced Drilling Services (EDS) provides drilling services and technology to the international oil and gas industry. EDS operates through three operational segments, which are enhanced drilling, cannseal and group/others. Cannseal technology is mainly used in mature oilfields to seal off the inflow of water and gas. The company offers a wide range of oilfield capabilities including MPD, dual gradient drilling, cementing, clean-up operations, safety enhancement technology, and mud removal technology. EDS has worked on more than 600 wells in its lifetime with its RMR and CTS technology. The company has offices and workshops in various countries including the UK, the US, Australia and Azerbaijan. Also, the company has workshop in Canada and an office in Malaysia.

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