M&A Deal Summary

Nabors Acquires Superior Well Services

On August 9, 2010, Nabors acquired energy services and equipment company Superior Well Services for 900M USD

Acquisition Highlights
  • This is Nabors’ 5th transaction in the Energy Services and Equipment sector.
  • This is Nabors’ largest (disclosed) transaction.
  • This is Nabors’ 5th transaction in the United States.
  • This is Nabors’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2010-08-09
Target Superior Well Services
Sector Energy Services and Equipment
Buyer(s) Nabors
Deal Type Merger
Deal Value 900M USD
Advisor(s) Simmons & Company (Financial)

Target

Superior Well Services

Indiana, Pennsylvania, United States
Superior Well Services, Inc. offers oilfield services, including technical pumping and surveying services to oil and natural gas companies.

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Buyer(S) 1

Buyer

Nabors

Hamilton, Bermuda
Category Company
Founded 1952
Sector Oil/Gas Exploration
Employees12,000
Revenue 3.0B USD (2023)
DESCRIPTION

Nabors owns and operates a land-based drilling rig fleet and has a completion services and workover and well servicing rig fleets in North America. Nabors was founded in 1952 and is based in Hamilton, Bermuda.

DEAL STATS #
Overall 7 of 11
Sector (Energy Services and Equipment) 5 of 8
Type (Merger) 3 of 3
State (Pennsylvania) 1 of 1
Country (United States) 5 of 7
Year (2010) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-08-13 Ryan Energy Technologies

Calgary, Alberta, Canada

Ryan Energy Technologies Inc., is an industry provider in the development and provision of drilling technology and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-19 Peak USA Energy Services

United States

Peak USA Energy Services Ltd. is a diversified oilfield service company specializing in rig moving, custom heavy hauling, crane and rigging services, and oilfield transportation.

Sell -
Mergr

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