Innovative Rotary System TerraVici’s unique fully rotating Rotary Steerable System (RSS) offers a highly compatible solution with existing third-party BHA tools, presenting an opportunity to target drilling companies seeking to upgrade or diversify their directional drilling technology.
Market Expansion Potential Operating throughout North America with a specialized drilling service, TerraVici can be approached for expansion partnerships or equipment upgrades, especially as oil and gas companies look to improve drilling efficiency.
Strategic Acquisition Synergy The recent acquisition by CSIMarket presents an environment for collaborative sales efforts, leveraging the increased resources and integration opportunities to introduce innovative drilling solutions to a broader client base.
Growth and Revenue With revenues between 25 and 50 million dollars and a team of up to 200 employees, TerraVici demonstrates growth potential, making it an attractive prospect for equipment suppliers, service providers, and technology partners aiming to scale in the drilling industry.
Technology Stack Insights Utilizing modern web technologies, TerraVici maintains a digital presence that can be leveraged for targeted marketing campaigns, webinars, or product demos to reach decision-makers in the oil and gas sector looking for innovative drilling solutions.