Ranger Energy Services expands wireline services with acquisitions

Jul 26, | Industry News

Ranger Energy Services expands wireline services with acquisitions – BIC Magazine:

Houston-based Ranger Energy announced the expansion of its wireline services business with the acquisition of Patriot Well Solutions and PerfX Wireline Solutions.

The addition of Patriot and PerfX significantly increases the scale and scope of the company’s existing Mallard wireline business. Ranger will now extend its range of services beyond its current completion-oriented work to include a full suite of production services, as well as adding geographic diversity.

The acquisition also increases Ranger’s existing Mallard fleet to 68 wireline trucks, 10 cranes, and 12 pump-down pumps. Eight additional locations will be added to Ranger’s geographic presence giving the opportunity to expand beyond the Permian to the DJ, Bakken and Powder River basins.

 

via @BICmagazine