Dril-Quip has been focused on protecting inventions in United States(US) with nine publications in Q2 2024

The United States(US) Patent Office dominates the patent filings and grants with nearly 46% filings and 50% grants. The United States(US), United Kingdom(GB), Canada(CA), and World Intellectual Property Organization(WIPO) patent Office are among the top ten patent offices where Dril-Quip is filings its patents. Among the top granted patent authorities, Dril-Quip has 50% of its grants in United States(US), 33% in United Kingdom(GB) and 17% in Norway(NO).

Baker Hughes could be the strongest competitor for Dril-Quip

In terms of grant share, Dril-Quip stands first among its competitors followed by Dril-Quip and Baker Hughes.

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Patents related to subsea lead Dril-Quip's portfolio

Dril-Quip has the highest number of patents in subsea. For subsea, nearly 100% of patents were filed and 100% of patents were granted in Q2 2024.

Offshore related patents lead Dril-Quip portfolio followed by exploration, and production

Dril-Quip has highest number of patents in offshore followed by exploration, production. For offshore, nearly 50% of patents were filed and 75% of patents were granted in Q2 2024.

For comprehensive analysis of Dril-Quip's filings and grants, buy the databook here.

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