Company profile: Archer
1.1 - Company Overview
Company description
- Provider of global oil services, offering onshore and offshore drilling; well services including intervention, integrity and decommissioning; highβtemperature deep geothermal drilling via investment in Iceland Drilling Company Ltd.; digitalization and data use to improve efficiency and sustainability; and project portfolio management to ensure strategic alignment and operational agility.
Products and services
- Drilling Services: Engineers industrial-grade drilling services for the global energy industry, focusing on both onshore and offshore drilling operations
- Geothermal Drilling: Engages in high-temperature deep geothermal drilling through its investment in Iceland Drilling Company Ltd., with custom-engineered programs
- Well Services: Delivers industrial-grade programs including well intervention, well integrity, and well decommissioning, tailored to support these specific operational activities
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Archer
G2 Energy
HQ: Canada
Website
- Description: Provider of energy sector opportunity development, acquiring and developing overlooked, low-risk, high-return opportunities in the oil and gas sector; listed on the Canadian Stock Exchange.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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NexTier Oilfield Solutions
HQ: United States
Website
- Description: Provider of land oilfield services, organized into completion services, wireline and pump-down services, and support services, with construction and intervention offerings including cementing and coiled tubing.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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CWC Energy Services
HQ: Canada
Website
- Description: Provider of oilfield services including drilling and well servicing for oil and gas exploration and development companies, supporting completion of newly drilled wells and ongoing maintenance of producing wells.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Great Texas Compression
HQ: United States
Website
- Description: Provider of wellhead compression services enabling the movement of gas from well sites into gathering systems.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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RAK Inspection Services
HQ: United Kingdom
Website
- Description: Provider of plant inspection services to the oil, gas, and petrochemical industries, including pressure systems inspection, NDT (ultrasonic and magnetic particle), tankage assessment to EEMUA 159, civil and structural inspections, lifting equipment inspections per LOLER and PUWER, and consultancy on legislative compliance and risk-based inspection strategies.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Archer
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Buyer group 1: ββββββββ ββββββββ
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Buyer group 2: ββββββββ ββββββββ
ββ companies
Description: ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ ββββββββ
Key Products: ββββββββ, ββββββββ, ββββββββ, ββββββββ
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Buyer group 3: ββββββββ ββββββββ
ββ companies
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Archer
2.2 - Growth funds investing in similar companies to Archer
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4 - Top valuation comps for Archer
4.2 - Public trading comparable groups for Archer
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