Varel International Energy Services, the parent company of Varel International Oil and Gas and Downhole Products, has been named among the fastest growing companies in America.
The firm has made the Inc 5,000 list, and has also been listed as 91st in its Top 100 Energy Companies
“Our team members set an arduous goal of accelerated growth and this recognition is an outward acknowledgment of the success we knew we could attain,” said Jim Nixon, the firm’s Glasgow-born chief executive. “In spite of the global challenges our industry segments faced this year, VIES continued our historically strong growth trend.
“The company excelled through platforms of technology innovation, quality, customer service focus, and by our broad product offerings at both Varel and Downhole Products. Each of our business units have made significant contributions to this overall result.”
The Inc 5,000 highlights the nation’s fastest-growing private companies.
Varel supplies high-quality drilling bits.