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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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600 employees
Independence Contract Drilling offers advanced, efficient land drilling services for shale and tight oil basins in the US.
HQ
Founded
2011
Founded in 2011, Independence Contract Drilling (ICD) is a leading provider of land drilling services in the United States. The company’s core mission is to deliver high-performance, efficient drilling solutions to the exploration and production industry, focusing on shale and tight oil basins. ICD offers a fleet of state-of-the-art, fast-moving programmable AC rigs designed to enhance operational efficiency and safety. Their market focus is primarily on North America, where they aim to support the development of energy resources through innovative drilling technologies.
Notable figures associated with ICD include its experienced executive team and board members who bring extensive industry expertise. The company has attracted significant investment from key stakeholders in the energy sector. ICD's achievements include the successful deployment of advanced drilling rigs that have set new standards for performance and reliability in the industry. Their impact is evident in the increased efficiency and reduced environmental footprint of drilling operations, contributing to the sustainable development of energy resources in the US.
Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Drilling Services
Technology
Automation
Tags
Energy
Model Types
Hardware, Software
Revenue Type(s)
Transactional
Customer Type(s)
Enterprise
Geographic Exposure
United States
When was Independence Contract Drilling founded?
Independence Contract Drilling was founded in 2011.
Where is Independence Contract Drilling's headquarters located?
Independence Contract Drilling's headquarters is located in Houston, US.
When was Independence Contract Drilling's last funding round?
Independence Contract Drilling's most recent funding round was for $5M (USD) in November 2020.
How many employees does Independence Contract Drilling have?
Independence Contract Drilling has 600 employees as of Feb 6, 2024.
How much has Independence Contract Drilling raised to-date?
As of July 05, 2023, Independence Contract Drilling has raised a total of $5M (USD) since Nov 18, 2020.
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Total Raised to Date
$5M
USD
Last Update Nov 18, 2020
Last Deal Details
$5M
USD
Nov 18, 2020
Post Ipo Equity
Current Employees
600
Last updated: Feb 6, 2024
No location information available for this company.
Locations
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts