United Drilling Tools Dives into High-End Casing Market with Oil India Deal
United Drilling Tools has made its entry into India's premium oilfield casing and tubing market by supplying 5,000 meters of 7-inch premium production casing to Oil India Ltd. This significant milestone marks a shift for the company from standard API-grade products to advanced metal-to-metal seal technology designed for high-pressure and corrosive environments.
The deployment took place in a gas well in Assam under a development order, indicating United Drilling Tools' ability to meet complex operational requirements. The company's entry into this market segment positions it to capture a share of the domestic market valued at approximately ₹2,600 crore with an annual requirement of around 1.2 lakh tonnes.
United Drilling Tools plans to pursue approvals and tenders with Oil and Natural Gas Corporation (ONGC) and private exploration majors such as Vedanta (Cairn Oil & Gas), Reliance Industries, Adani, and Welspun Exploration, in line with the Government of India's 'Make in India' initiative.