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In 2001, Patterson Drilling acquired UTI Energy and renamed the company Patterson-UTI Energy. [3] In September 2014, the company acquired Texas-based pressure pumping assets. [4] In September 2016, the company acquired Warrior Rig. [5] In April 2017, the company acquired Seventy Seven Energy. [6]
Location of Texas. Texas is a state in the South Central region of the United States. The region's second-quarter 2018 gross state product was 8.6% of the GDP of the country at $1.755 trillion, with significant growth in mining, quarrying, and oil and gas extraction. [1]
BJ Services Company was a leading worldwide provider of pressure pumping and oilfield services for the petroleum industry. Pressure pumping services consist of cementing and stimulation services used in the completion of new oil and natural gas wells and in remedial work on existing wells, both onshore and offshore. Oilfield services include ...
Endeavor Energy Resources (officially Endeavor Energy Resources LP) is a privately-held hydrocarbon exploration and production company based in Midland, Texas.Founded in 1979 by Autry Stephens, it has since evolved in one of the largest private oil producers in the Lower 48.
In 2006, the company acquired assets from Chase Oil and formed Concho Resources Inc. In 2007, the company became a public company via an initial public offering. [2] In 2008, the company acquired Henry Petroleum for $584 million. [3] In 2010, the company acquired assets in the Permian Basin from Marbob Energy Corporation for $1.65 billion. [4]
As a result of the continued acquisition of oilwell service companies, the Yankee Companies changed its name to Key Energy in the 1990s. Key Energy has grown through over 100 2 acquisitions. Key Energy Services, Inc. became a non-public (private) company on December 14, 2020 ( Form 15 , U.S. Securities and Exchange Commission).
Between 2007 and 2013, the company continued to expand through organic growth and strategic acquisitions with 1 million horsepower. In 2015, Calfrac became the first pressure pumping company to receive the American Petroleum Institute's (API) Specification Q2. Between 2015 and 2016, seven North American locations become certified under API Q2.
Weir Group acquired SPM Flow Control, Inc for US$653 million (£328 million). SPM manufactures high-pressure well service pumps and related flow control equipment [49] 2007 Acquired African pumps business, CH Warman Pump Group for $231m (£113m) [50] 2007 Acquired Mesa Manufacturing Inc, the Texan based pump manufacturer for $40m [51] 2008