Rival Downhole Tools
Oil and GasTexas, United States11-50 Employees
Rival Downhole Tools rents, sells, and services drilling and thru-tubing motors and related tools for the upstream oil and gas sector. Founded in 2002, the company is based in Houston, Texas. It draws on the Ashmin legacy, an engineering-focused lineage known for developing new technology that could be licensed to service companies, rental tool suppliers, drilling contractors, and exploration-and-production firms. The company states that it was acquired by Stabil Drill in 2025, and that all products and services are now offered under that name. As a small to mid-sized operator in the oilfield tools market, Rival has pursued growth through strategic asset acquisitions, including the 2020 purchase of the operating assets of Hunting Energy Services. In 2025, there are conflicting reports about Rival's corporate status: the company describes itself as having been acquired by Stabil Drill with its offerings now under that umbrella, while other sources indicate that Superior Energy Services announced an acquisition of Rival Downhole Tools in February 2025.