United Drilling Tools celebrates 28th Anniversary & Indigenous Production of Oil Field Machinery & Equipment
United Drilling Tools Ltd (UDTL), BSE listed leading company in the area of oil drilling machine and equipment manufacturing which is used in oil exploration in on-shore and offshore, is celebrating it’s 28th anniversary and has also diversified, enhanced it’s service and product portfolio. Working in the area of oil & gas upstream sector such as oil exploration, on such market commitment, UDTL is proud to say that it has been producing oil field machinery & equipments for last 20 years.
UDTL is committed to add value in the industry by offering best in class products and services.
While sharing his views on the occasion of company’s 28th anniversary, Mr. Pramod Gupta, Chairman & Managing Director of United Drilling Tools Ltd. said, “We have witnessed a great change in the industry in all these years. As an Indian company, we are dedicated towards the oil & gas sector world over as well as in India. We have indigenously manufactured and supplied one truck mounted wireline winch with Mast (Crane) to ONGC Ankleshwar in India. It is the first time produced product by us and have saved high amount of foreign exchange and will also reduce operating cost through the combined benefits of single vehicle operation with space for all crew using light weight rugged vehicle.”
Working in the area of oil & gas upstream sector such as oil exploration, on such market commitment, UDTL is proud to say that they have been producing oil field/machinery & equipments for last almost three decades.
Mr. Gupta also said, “We spent a lot of time in R&D on this project. We spent 2 year of research and development and it took us approximately one year to manufacture and supply Truck mounted wireline winch with Mast (Crane) to ONGC.”
Before this production from UDTL, Indian oil companies were importing the same product from United States and Europe in market.
As another key development, the company has supplied approximately 31000 Mtrs Large OD casing pipes with high performance connectors to ONGC. This product was produced for the first time by UDTL who had worked on the design and manufacturing of the high performance connectors.
At this moment ONGC & Oil India are the two key customers of UDTL.
While giving a detailed overview on the key advantages of the new product line from UDTL customers are getting benefits such as, cost savings in the overall business process including the operational cost savings. UDTL’s new product portfolio also improve quality of operational work and save time. Since we are getting everything from India and we are developing an Indian product so we are also saving in foreign exchange for our customers.