M&A Deal Summary |
|
---|---|
Date | 2012-04-23 |
Target | Patterson-UTI Energy - Flowback Operations |
Sector | Energy Services and Equipment |
Buyer(s) | Tetra Technologies |
Sellers(s) | Patterson-UTI |
Deal Type | Divestiture |
Deal Value | 43M USD |
SEARCH BY
Try For Free 7-Day Free Trial
Category | Company |
---|---|
Founded | 1981 |
Sector | Energy Services and Equipment |
Employees | 1,500 |
Revenue | 626M USD (2023) |
Tetra Technologies is a geographically diversified oil and gas services company focused on completion fluids and associated products and services, water management, after-frac flow back, production well testing, offshore rig cooling, compression based production enhancement, and selected offshore services, including well plugging and abandonment, decommissioning, and diving. Tetra Technologies was founded in 1981 and is based in The Woodlands, Texas.
DEAL STATS | # |
---|---|
Overall | 3 of 5 |
Sector (Energy Services and Equipment) | 2 of 3 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 2 of 3 |
Year (2012) | 2 of 3 |
Size (of disclosed) | 4 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-03-09 |
Optima Solutions UK
Aberdeen, United Kingdom Optima is a provider of rig cooling services and associated products that suppress heat generated by the high-rate flaring of hydrocarbons during offshore well test operations |
Buy | £40M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2012-07-31 |
Greywolf Production Systems
Crossfield, Alberta, Canada Greywolf Production Systems, Inc. is a well testing services and are putting our mark on the Coil Tubing service industry. |
Buy | $56M |
Category | Company |
---|---|
Founded | 1978 |
Sector | Oil/Gas Exploration |
Employees | 3,000 |
Revenue | 4.1B USD (2023) |
Patterson-UTI provide onshore contract drilling and pressure pumping services, operate land-based drilling rigs in oil and natural gas producing regions to exploration and production companies in North America. Patterson-UTI was founded in 1978 and is based in Houston, Texas.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Energy Services and Equipment) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2012) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2010-07-02 |
Universal Pressure Pumping
Houston, Texas, United States Universal Pressure Pumping, Inc.provides unsurpassed pressure pumping and reservoir enhancement services to the oil and gas industries. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-06-06 |
Pressure Pumping Operations - East Texas
Texas, United States Pressure Pumping Operations - East Texas includes 31,500 horsepower of hydraulic fracturing equipment. |
Buy | - |