# Intrepid Directional Drilling acquires Gyrodata's North American directional drilling business

Intrepid Directional Drilling Specialists is taking over Gyrodata's entire North American directional drilling business, including personnel, drilling motors, and MWD tools, for an undisclosed sum.

- Type: Acquisition
- Announced: 2020-04-29
- Where: United States
- Status: announced
- Products: directional drilling services, drilling motors, MWD tools
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Intrepid Directional Drilling Specialists](https://endata.com/companies/46879.md) (acquirer)
- [Gyrodata](https://endata.com/companies/46880.md) (target)

## Sources

- [jpt.spe.org](https://jpt.spe.org/us-drilling-consolidation-intrepid-buys-gyrodatas-directional-unit), 2020-04-29: "Intrepid Directional Drilling Specialists announced today that it is taking over Gyrodata's entire North American directional drilling business for an undisclosed sum."
- [rogtecmagazine.com](https://www.rogtecmagazine.com/gyrodata-incorporated-announces-sale-of-its-directional-drilling-business-to-intrepid-directional-drilling-specialists/), 2020-05-01: "This divestiture helps Gyrodata refocus on our core gyro surveying offerings and advancements in our SPEAR solid-state gyro technology."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.