Enteq Upstream Plc and subsidiaries are engaged in acquiring, consolidating and operating companies providing specialist reach and recovery products and technologies to the upstream oil and gas services market. The Company's Drilling Tools division is engaged in the design, manufacture and selling of specialized parts and products for directional drilling and measurement while drilling (MWD) operations for use in the energy exploration and services sector of the oil and gas industry. Its drilling products include MWD mechanical parts, mud motor parts, float valves and fabricated parts. It has integrated elements of electronics, sensors, controls and mechanical components to form a MWD system. The MWD system has downhole electronics and firmware; directional sensors; a three-axis vibration and shock sensor to measure drilling dynamics; optimized pulsers for data transmission, and interfaces to other industry standard sensors, such as gamma ray detectors, as well as special services.

Sales Analysis. Enteq Upstream PLC reported sales of £8.58 million (US$11.45 million) for the fiscal year ending March of 2020. This represents an increase of 10.1% versus 2019, when the company's sales were £7.79 million. This was the third consecutive year of growth at Enteq Upstream PLC.