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Oilfield service companies may produce, maintain, and repair equipment used in oil extraction and oil transportation. [1] In 2019, the global oilfield services market was US $ 267.8 billion. [ 2 ]
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]
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.
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).
In 1995, the company opened a sales office in Beijing. [2] In 2002, the company acquired Bo Gray Casing Co. and A&M Tubular Maintenance for $10.5 million. [3] In 2006, the company moved its headquarters from Calgary to Houston, while continuing to manufacture in Calgary. [2] In 2011, the company acquired Premiere Casing Services - Egypt S.A.E. [4]
Dover Artificial Lift was formed in 2009 including Norris Rods, Fergusen Beauregard, Alberta Oil Tool, Norrisseal, C-Tech Design & Manufacturing, and Theta Oilfield Services Inc. In 2011, Dover Corporation acquires Harbison Fischer [ 11 ] and Oil Lift Technology Inc. [ 12 ] Both companies became member brands within Norris Production Solutions.
Petroleum in Texas — oil and gas resources, extraction, production, distribution, and environmental issues in the state. Subcategories This category has the following 7 subcategories, out of 7 total.
Smith International grew into a global, diversified Fortune 500 company that had three main operating segments: M-I SWACO, a 60-40% joint venture with Schlumberger; Wilson Distribution, one of the two largest energy industry supply chain solutions businesses in North America; and, as of last year, Smith Oilfield. The latter encompasses Smith ...