Insights

Global Manufacturing Presence Varel Energy Solutions operates multiple manufacturing facilities across Mexico, India, and Saudi Arabia, enabling it to serve diverse regional markets efficiently. This global footprint presents opportunities to tailor product offerings and services to localized industry needs, facilitating expansion into emerging energy markets.

Diversified Sector Engagement The company's involvement in oil and gas, renewable energy, and industrial markets indicates a versatile product portfolio. This diversification allows for cross-sector sales strategies, especially as the renewable energy market continues to grow and seek reliable downhole and industrial solutions.

Recent Strategic Acquisitions Varel's recent acquisitions, such as Ace Well Technology and Sledgehammer Oil Tools, expand its product range and customer base. These strategic moves open doors for upselling, integrated solutions, and establishing a stronger foothold in the oilfield services and technology sectors.

Technological Innovation Focus The company invests in advanced testing units and uses sophisticated tech stacks like Azure Analysis Services and SAP S/4HANA, indicating a commitment to innovation. This focus can be leveraged to position Varel as a provider of cutting-edge solutions to clients seeking technological improvements and efficiency in drilling operations.

Financial Stability and Size With revenues between $500 million and $1 billion and a substantial workforce, Varel represents a stable and sizable entity capable of large-scale projects. This stability can be appealing to large operators and service companies looking for dependable partners in high-demand environments.

Varel Energy Solutions Tech Stack

Varel Energy Solutions uses 8 technology products and services including Azure Analysis Services, JazzHR, Open Graph, and more. Explore Varel Energy Solutions's tech stack below.

  • Azure Analysis Services
    Analytics
  • JazzHR
    Applicant Tracking Systems
  • Open Graph
    Content Management System
  • SAP S/4HANA
    Enterprise Resource Planning
  • JSON-LD
    Javascript Frameworks
  • PHP
    Programming Languages
  • Cloudflare Bot Management
    Security
  • ANSYS
    Software Development

Varel Energy Solutions's Email Address Formats

Varel Energy Solutions uses at least 1 format(s):
Varel Energy Solutions Email FormatsExamplePercentage
FLast@varel.comJDoe@varel.com
49%
First.Last@varel.comJohn.Doe@varel.com
1%
First@varel.comJohn@varel.com
1%
FLast@varel.comJDoe@varel.com
49%

Frequently Asked Questions

Where is Varel Energy Solutions's headquarters located?

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Varel Energy Solutions's main headquarters is located at 22001 Northpark Dr, Suite 100 Houston, Texas 77339, US. The company has employees across 5 continents, including North AmericaAsiaEurope.

What is Varel Energy Solutions's official website and social media links?

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Varel Energy Solutions's official website is varel.com and has social profiles on LinkedIn.

How much revenue does Varel Energy Solutions generate?

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As of October 2025, Varel Energy Solutions's annual revenue is estimated to be $857M.

What is Varel Energy Solutions's NAICS code?

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Varel Energy Solutions's NAICS code is 211 - Oil and Gas Extraction.

How many employees does Varel Energy Solutions have currently?

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As of October 2025, Varel Energy Solutions has approximately 1K employees across 5 continents, including North AmericaAsiaEurope. Key team members include Chief Financial Officer: W. L.Chief Commercial Officer (cco): J. S.Chief Operating Officer: J. S.. Explore Varel Energy Solutions's employee directory with LeadIQ.

What industry does Varel Energy Solutions belong to?

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Varel Energy Solutions operates in the Oil and Gas industry.

What technology does Varel Energy Solutions use?

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Varel Energy Solutions's tech stack includes Azure Analysis ServicesJazzHROpen GraphSAP S/4HANAJSON-LDPHPCloudflare Bot ManagementANSYS.

What is Varel Energy Solutions's email format?

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Varel Energy Solutions's email format typically follows the pattern of FLast@varel.com. Find more Varel Energy Solutions email formats with LeadIQ.

When was Varel Energy Solutions founded?

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Varel Energy Solutions was founded in 1947.

Varel Energy Solutions

Oil and GasUnited States1001-5000 Employees

Founded in 1947, Varel Energy Solutions is one of the world’s largest independent manufacturers and suppliers of downhole drilling and completions products to the energy sector. Headquartered in Kingwood, TX, VES services oil & gas, renewable energy, and industrial markets with its comprehensive suite of roller cone and fixed cutter drill bits, as well as a complete portfolio of primary cementing equipment. The company employs more than a 1,500 people and has manufacturing facilities in Matamoros, Mexico, Faridabad, India and Dammam, Saudi Arabia as well as sales offices throughout the world. VES’s proprietary design capabilities, efficient manufacturing, and global sales force uniquely position the company to provide high-quality downhole solutions delivering reliable performance and a superior customer experience. For more information, visit www.varel.com.

Section iconCompany Overview

Headquarters
22001 Northpark Dr, Suite 100 Houston, Texas 77339, US
Website
varel.com
NAICS Code
211 - Oil and Gas Extraction
Founded
1947
Employees
1001-5000

Section iconFunding & Financials

  • $500M$1B

    Varel Energy Solutions's revenue is estimated to be in the range of $500M$1B

Section iconFunding & Financials

  • $500M$1B

    Varel Energy Solutions's revenue is estimated to be in the range of $500M$1B

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