Dril-Quip Inc.

NYSE: DRQ

Updated Mar 29, 2026

Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

Oilfield Services · Subsea Equipment

Dril-Quip Inc.

DRQ

Dril-Quip designs and manufactures subsea equipment, surface equipment, and downhole tools for the global offshore oil and gas industry from Houston.

Founded: 1981
Employees: 1,500+
Revenue: $380 million (2023)
HQ: Houston, TX

Subsea WellheadsMudline HangersSpecialty ConnectorsSurface Equipment

Dril-Quip, Inc. is a Houston-based manufacturer of highly engineered drilling and production equipment used in offshore oil and gas operations worldwide. The company specializes in subsea wellheads, mudline hanger systems, specialty connectors, and surface equipment. Dril-Quip's products are used in some of the most demanding offshore environments, from shallow water to ultra-deepwater.

Headquarters

Houston, TX

Founded

1981

Employees

1,500+

Revenue

$380 million (2023)

CEO

Jeff Bird

Website

dril-quip.com

History of Dril-Quip Inc.

Dril-Quip was founded in 1981 in Houston by a group of engineers who saw the need for improved subsea wellhead technology. The company grew to become a leading supplier of subsea and surface equipment to the global offshore industry. Dril-Quip went public in 1997 and has continued to innovate in subsea technology.

Operations & Business Segments

Dril-Quip designs and manufactures its products at facilities in Houston, as well as in Aberdeen (Scotland), Singapore, and Brazil. The company's products are used on offshore drilling rigs and production platforms worldwide, with a strong presence in the Gulf of Mexico, North Sea, West Africa, and Brazil.

Headquarters Location

Houston, TX

Key Specialties & Capabilities

Subsea WellheadsMudline HangersSpecialty ConnectorsSurface EquipmentDownhole ToolsOffshore Equipment

Frequently Asked Questions About Dril-Quip Inc.

What does Dril-Quip do?▾

Dril-Quip designs and manufactures subsea wellheads, mudline hanger systems, specialty connectors, and other equipment used in offshore oil and gas drilling and production operations worldwide.

Where is Dril-Quip headquartered?▾

Dril-Quip is headquartered in Houston, Texas, where it also has its primary manufacturing facility.

Where are Dril-Quip products used?▾

Dril-Quip's products are used on offshore drilling rigs and production platforms worldwide, with a strong presence in the Gulf of Mexico, North Sea, West Africa, and Brazil.

What does Dril-Quip Inc. do in Houston?▾

Dril-Quip Inc. is a oilfield services company based in Houston, TX. Dril-Quip designs and manufactures subsea equipment, surface equipment, and downhole tools for the global offshore oil and gas industry from Houston.

Where is Dril-Quip Inc. headquartered?▾

Dril-Quip Inc. is headquartered in Houston, TX, founded in 1981. The company operates in Houston's energy corridor as part of the oilfield services sector.