Acquisitions & Divestitures - Service & Supply

Amazing Energy Completes Jilpetco Acquisition

Jilpetco will continue as a registered operator with the Texas Railroad Commission, with Pinney serving as its president.

Erin Pedigo

Blackeagle Energy Services Fortifies Operations With Permian Deal

The acquisition strengthens Blackeagle's existing Texas operations and puts the company at 'the epicenter of the nation's largest oil producing region.'

Emily Moser

U.S. Silica Wraps Up $210 Million Acquisition Of NBR Sand

Located in Tyler, Texas, NBR has access to prolific shales within the state with the capacity to produce more than 2 million tons of fine-grade frack sand per year.

Emily Moser

U.S. Silica Set To Rule The Sandbox

U.S. Silica, determined to make acquisitions in the downturn, has added Texas regional sand, high-purity Illinois sand and logistics to its portfolio this year.

Darren Barbee

Maersk Drilling To Cut US Jobs After Contract Loss

The offshore drilling industry is facing challenges as oil companies postpone or cancel exploration and development projects due to low crude prices.

Emily Moser

Baker Hughes: North America Recovery Unlikely This Year

Baker Hughes' outlook was more "sanguine" than its peers', said Evercore ISI analyst James West, noting that oil prices have slid from last week, when Schlumberger and Halliburton reported results.

Emily Moser

Flotek Expands Chemistry Business With International Polymerics Acquisition

Founded in 2004 by Donal Bramblett, IPI president, the company is one of the largest domestic suppliers of natural polymers, including guar, to the industry, according to a press release.

Emily Moser

Recovery In Sight, Schlumberger Mulls Rollback Of Concessions

Oilfield services companies were forced to cut rates after oil producers slashed their capital budgets in response to a slide in crude prices to their lowest in more than a decade.


Halliburton Expects 'Modest Uptick' In North American Rig Count

The rig count in North America has improved by 26 over the last several weeks, Halliburton said on July 20."We believe the North America market has turned," CEO Lesar says.

Emily Moser

U.S. Silica Buys New Grit In Texas

The company has inked two deals in 2016 and says it has more opportunities it is exploring as it expands during the downturn.

Darren Barbee

Houston's AFGlobal To Buy Managed Pressure Operations

The combination of companies creates a complete deepwater managed pressure drilling offering, with technology covering both onshore and offshore applications, according to the release.

Emily Moser

Trican Closes Sale Of Completion Tools Business To NOV

Following closing, Trican's operations will be conducted solely in Canada. The company's operations will include specialized products, services and technology for use in the drilling, completion, stimulation and reworking of oil and gas wells.

Emily Moser