Ufaburmash

History

2026: Oilfield service company Burservice bought 51% of Ufaburmash

The company Burservice"," managing former assets, the AmericanHalliburton acquired 51% of the share in the authorized capital of the oil and gas equipment manufacturer Ufaburmash. The corresponding entry was entered into the Unified State Register of Legal Entities on February 13, 2026. The remaining 49% of the enterprise is owned by Mikhail Danilov.

According to Kommersant, Ufaburmash specializes in the supply of PDC drill bits, shoes for the direction of drilling, components of tubing and drill strings, as well as tools for eliminating accidents. The production facilities of the enterprise allow producing up to 5 thousand units of products annually.

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Фото: "Ufaburmash"

As Dmitry Kasatkin, managing partner of Kasatkin Consulting, explained, the inclusion of a manufacturer of drilling and emergency repair tools in the perimeter of the group provides vertical integration. This reduces dependence on external supplies under sanctions restrictions. Dmitry Kasatkin believes that in-house production is critical for drilling and well repair, as it directly affects delivery times, availability of scarce items and minimization of downtime.

The expert also notes that the availability of its own capacities makes it possible to strengthen quality control and adapt the tool to specific geological conditions and operating modes, which has a positive effect on the speed of drilling operations and a reduction in unproductive time. Part of the products, according to Kasatkin, can be exported to receive additional revenue.

Marina Mizgireva, partner of the investment and capital markets department at Kept, adds that in the current macroeconomic conditions - with high borrowing costs and increased competition for declining demand - such transactions are usually aimed at increasing the profitability of the underlying business.^[1]

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