Coretrax Technology

Aberdeen, United Kingdom Energy & Climate Acquired

Coretrax Technology is a global leader in performance drilling tools, wellbore cleanup, well integrity, and production optimization solutions. The company operates across the full well lifecycle, offering innovations in drilling optimization, completion services, and decommissioning technologies. With a portfolio of 280+ patents, Coretrax delivers cost-effective, technology-enabled solutions to major energy producers worldwide.

Acquired

Coretrax Technology has been acquired

Acquired by Expro Group May 1, 2024 $210 million

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2008

Employees

201–500

Prominent Investors

Scottish Loan Fund (SLF) Maven Capital Partners

Leadership

  • John Fraser

    Chief Executive Officer

  • Kenny Murray

    Founder and Managing Director

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Welltec

    Provider of precision robotic solutions for oil and gas well intervention and decommissioning

  • Baker Hughes

    Global oilfield services company providing equipment and services for well construction, completions, and production

  • Halliburton

    Major oilfield services provider offering drilling, completion, production, and well services

  • Intelligent Wellhead Systems

    Developer of wellhead technology for onshore and offshore well intervention operations

  • Well-Safe Solutions

    Well decommissioning and plug and abandonment services provider for the global energy industry

  • Superior Energy Services

    Oilfield services company providing specialized well services and production equipment

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