Diversified Well Logging LLC
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Diversified Well Logging LLC - overview
Established
1952
Location
Reserve, LA, US
Primary Industry
Oil & Gas
About
Diversified Well Logging LLC specializes in advanced measurement solutions for the energy sector, enhancing drilling efficiency and mitigating operational risks through innovative technologies. Diversified Well Logging LLC, founded in 1952 and headquartered in Reserve, US, provides measurement solutions for the energy sector. The company was acquired by Rock Hill Capital Group in March 2012, although financial terms were not disclosed. CEO David Tonner leads the company, which has completed one notable deal since its inception.
Diversified Well Logging specializes in providing advanced measurement solutions and insights for the energy sector. Its core products include the RoboLogger™, an automated sample collection and elemental analysis device, and Surface Measurement While Drilling™ (SMWD™), which offers real-time quantitative data from drilling cuttings. The RoboLogger™ efficiently collects up to 350 depth-stamped samples, while SMWD™ reduces geological uncertainty, supporting better geosteering and completion strategies. The company serves clients in major unconventional shale basins, particularly in the Permian Basin and Appalachian region, delivering high-resolution analysis tailored to various geographical markets.
The revenue of Diversified Well Logging is primarily generated through service contracts with clients in the oil and gas industry, utilizing its proprietary technologies for drilling optimization. These contracts often involve upfront fees and ongoing charges based on service duration or sample volume, reflecting a B2B model focused on partnerships with energy sector operators requiring reliable geological data. The RoboLogger™ and SMWD™ are critical components of these agreements, aiding clients in real-time decision-making. Going forward, Diversified Well Logging aims to expand its offerings, focusing on new products designed to improve measurement solutions and services.
The company is seeking to penetrate additional markets beyond the US, with specific plans for expansion in international oilfields by the end of 2023. The funding from Rock Hill Capital Group, which gained a majority stake in March 2012, will support these initiatives, propelling the development of new technologies and facilitating entry into new geographical regions.
Current Investors
Rock Hill Capital
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas
Website
www.dwl-usa.net
Company Stage
Mature
Total Amount Raised
Subscriber access only
Diversified Well Logging LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Diversified Well Logging LLC | - |
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