Company Profile

2011 RANKING:
#4333

Varel International Energy Services

www.varelintl.com
Carrollton, TX

Varel International Energy Services's business model

Manufacturers and distributes specialty drill bits through its subsidiaries, Varel International and Downhole Products. Produces bits used for drilling oil and gas wells, mines, and geothermal infrastructure.

Statistics
3-year growth:
23%
2010 Revenue:
$258.3 million
2007 Revenue:
$210.9 million
Employees:
1134
Employee growth:
53
Founded:
1947
Industry:
■ Energy
Industry rank:
#

Trophy Case

#

in Energy

Previous Inc.500|5000 Rankings

2009
Rank:
1903
2008 Revenue:
$276,026,466
Employees:
1100

Rank: #4333

Revenue: $258.3 million

Growth: 23%