varel logo white

Our Story

At Varel Energy Solutions, our story began over seven decades ago with a bold vision: to deliver smarter, practical product to a fast-evolving energy industry.

What started in 1947 as a mining drill bit manufacturing business has grown into a global leader in consumable downhole products—serving operators and service companies in every major energy-producing region around the world.
As a leading product solutions business, Varel has helped shape the evolution of drilling and well construction performance from the ground up. Our legacy is built on partnership. We work side-by-side with our customers to navigate complex environments, improve supply chain economic, and maximize performance across the entire lifecycle of the wellbore.

At Varel Energy Solutions, we pride ourselves on our manufacturing prowess, which is central to our ability to deliver high-quality downhole products.

Our Advanced Manufacturing Partnerships (AMP) exemplify our commitment to being the ‘Industry’s Maker,’ offering greater economic benefits through collaborative manufacturing initiatives.

Advanced Manufacturing Partnerships

varel icon gray
CapACITY ENHANCEMENT & AGILITY

Enabling Our Customers with Greater Capacity and Agility

Serving as an extension of our customer’s supply chain, offering optionality for capital, capacity, and stronger business economics.

varel icon gray

Capital Allocation

Serving as an extension of our customer’s supply chain, offering optionality for capital, capacity, and stronger business economics.

varel icon gray

Greater Economics

Serving as an extension of our customer’s supply chain, offering optionality for capital, capacity, and stronger business economics.

varel icon gray

Operational
Efficiency

Serving as an extension of our customer’s supply chain, offering optionality for capital, capacity, and stronger business economics.

Our Strategic Focus

Varel isn’t just building better products—we’re building the future of energy.
Faster. Smarter. More economically.

Varel is committed to smart, sustainable growth through continued innovation, operational excellence, and strategic acquisitions. Backed by investment partners Bluewater and Nixon Energy Investments, we are focused on expanding our capabilities and supply chain solutions—always with the goal of delivering more value to our customers.
insignia varel logo
Global Manufacturing Footprint
icon maps unselected
icon maps unselected
icon maps unselected

Global Manufacturing Footprint

Mexico

Nearly 500,000 sq ft of manufacturing space

Lean, process-driven facility
Over 550 employees

Certifications: API Q1, API 7-1,
ISO 9001, ISO 14001, ISO 45001

Saudi Arabia

Nearly 500,000 sq ft of manufacturing space

Lean, process-driven facility

Exclusive supplier of DHP-branded products

Highest IKTVA score among independent PCE suppliers

India

Nearly 500,000 sq ft of manufacturing space

Lean, process-driven facility
Over 550 employees

Certifications: API Q1, API 7-1,
ISO 9001, ISO 14001, ISO 45001

Scroll to Top