Rubicon Oilfield International said May 8 it acquired Choice Completions Systems LLC, an emerging technology company specializing in the supply of downhole products for unconventional multistage completions, for an undisclosed sum.
Established in 2016, Houston-based Choice has built a reputation for "developing and delivering high-quality completion products fueled by the specific needs of E&P operators across U.S. unconventional basins," according to the company release.
Rubicon, also based in Houston, said it expects the acquisition will strengthen its well construction portfolio and completions solutions business segment. The company plans to invest in Choice's product lines to accelerate growth.
“Choice technology was born from listening to customers’ pain points and applying practical innovation to create one of the most exciting frack plug and toe sleeve offerings in the market,” Jayme Sperring, Rubicon's chief commercial officer, in a statement. “Today’s announcement represents another important step in Rubicon’s path to delivering an exceptional customer experience, offering value-driven products and a highly specialized team of professionals.”
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