A provider of lateral drilling technologies and related services to increase production in mature oil and gas wells.
Radial Drilling Services (RDS) is a provider of lateral drilling technologies and related services to increase production in mature oil and gas wells. Headquartered in Houston, Texas with branch offices in Russia and Canada, RDS provides patented technologies, equipment and personnel to increase production using radial drilling through modified coiled tubing technology. RDS' technologies allow for improved recovery due to the greater reservoir exposure offered by RDS' multiple lateral grid. RDS offers specialized tools and procedures for differing reservoir situations.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Nov 1, 2011 | Series Unknown | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Main Street Capital | — | Series Unknown |