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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]
Kalkaska Construction/Elder Well Service MI T.S.T. Parafin Service TX Diamond Well Service OK Drillers Argentina Shreve Well Service WV GSI Trucking & Kahlden Trucking various Jeter Service TX 1998 Dawson Production Services Texas 1999 Six minor companies, adding 93 rigs to inventory various 2001 Three minor acquisitions, adding 34 rigs to ...
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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.
The newly formed company had 10 manufacturing and testing facilities, 70 sales offices, 30 service centers and more than 7,300 employees. The partnership started as a 50-50 relationship, but later Dresser took a 51% share of the assets while Ingersoll-Rand had 49%.
On October 1, 2012, the company acquired Pure Energy Services. [7] In the same year, FMC Technologies was named by Fortune (magazine) as the World's Most Admired Oil and Gas Equipment, Service Company. [8] On May 19, 2016, it was announced that FMC Technologies would team up with French Technip to create a new company called TechnipFMC. After ...