Oilfield services provider Eastern Energy Services Inc. will acquire 100% of the ownership interests of Conquest Completion Services LLC, the company announced in an Sept. 28 press release.
Headquartered in Houston, Texas, Conquest is a provider of large diameter coiled tubing units and oilfield chemicals used to advance reservoir performance. The acquisition supports Eastern’s completion, intervention and production services in several basins, including the Haynesville Shale, Austin Chalk, Tuscaloosa Marine Shale, Louisiana and conventional fields in Mississippi, Alabama and Florida.
Piper Sandler served as the exclusive financial adviser to Conquest.
Recommended Reading
Iraq to Seek Bids for Oil, Gas Contracts April 27
2024-04-18 - Iraq will auction 30 new oil and gas projects in two licensing rounds distributed across the country.
Aker BP’s Hanz Subsea Tieback Goes Onstream
2024-04-22 - AKER BP’s project marks the first time subsea production systems have been reused on the Norwegian Continental Shelf.
E&P Highlights: April 22, 2024
2024-04-22 - Here’s a roundup of the latest E&P headlines, including a standardization MoU and new contract awards.
Deepwater Roundup 2024: Americas
2024-04-23 - The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Technip Energies Wins Marsa LNG Contract
2024-04-22 - Technip Energies contract, which will will cover the EPC of a natural gas liquefaction train for TotalEnergies, is valued between $532 million and $1.1 billion.