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Wellbore Integrity Solutions

Company Summary

Description

Headquartered in Houston, Texas, Wellbore Integrity Solutions was established by industry veterans with extensive experience in the wellbore integrity market space and global operating experience in oilfield services, manufacturing and E&P. Through our strategy of focusing on wellbore integrity, we will provide product and service expertise to our customers while working collaboratively to develop solutions that meet specific customer needs.

Website

https://www.wellboreintegrity.com/about/

Recent news

  • 5/15/2019 - Schlumberger Sells... (subscriber access)

Company Transactions

Date: 12/30/2019
Type: Acquisition

BUYERS:
  • Wellbore Integrity Solutions
    • SELLERS:
  • Schlumberger Limited
    • DETAILS:

    COST: 400 $MM

    NOTES:
    Schlumberger has sold its non-core drilling assets to Wellbore Integrity Solutions for $400 million. The assets included are DRILCO, Thomas Tools and Fishing, and its Remedial services business.