Ace Well Technology

Downhole locking tools and stop collars for oil and gas, CCS and geothermal well operators

Randaberg, NorwayFounded 2012acewelltechnology.com Website technologies

Highlights

New on EvolcAdded 2026-10-28

About Ace Well Technology

Ace Well Technology develops downhole tools for well construction and completion. Its core product is the Ace Ratchet Collar (ARC), a patented locking mechanism for attaching tools and accessories to casing or completion string, and the company has built a family of tools on this platform.

Customers are operators in oil and gas well construction and completion. The tools are also used in CCS and geothermal wells, where the company reports completed projects. The company sells tools and accessories and provides training, with more than 120 remote trainings reported.

The company was originally founded in 2012 and was acquired by Varel Energy Services in 2025. Its headquarters are in Randaberg, Norway, and its teams are located in Stavanger, Norway and Houston, USA.

Product: Ace Ratchet Collar (ARC), a patented downhole locking mechanism and a family of tools built on it for casing and completion strings

Jobs at Ace Well Technology

No open positions listed right now.

Leadership

Joachim Åkesson · Sales Director Europe & Africa / General Manager, Norway
Source: company website

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