HydraWell is a rapidly growing well integrity specialist providing a range of step-changing proprietary tools and associated services to oilfield operators and services integrators. We have designed, developed, tested and commercialized a proprietary plugging technology product suite referred to as the Perforation, Wash & Cement® (“PWC®”) system for wellbore applications. The Company is exposed to the permanent plugging and abandonment (P&A), the slot-recovery and the wellbore repair markets. HydraWell offers the products as a service to oilfield operators and oil service companies. HydraWell provides the market’s most cost-efficient P&A solutions. With the PWC system, we can plug a well in 2-3 days instead of 10-14 with significant time and cost savings as a result. Our mission is to lower society’s and operators’ costs from P&A, slot recovery and well repair operations Our team located outside Stavanger, Aberdeen and Abu-Dhabi is focused on delivering high quality services with the utmost attention to safety in all aspects.
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The HydraWell annual revenue was $6.8 million in 2026.
Erlend Engelsgjerd is the Chief Commercial Officer (CCO) of HydraWell.
15 people are employed at HydraWell.
HydraWell is based in Tananger, Rogaland.
The NAICS codes for HydraWell are [2131, 21311, 213112, 213, 21].
The SIC codes for HydraWell are [13, 138].