Innovex Downhole Solutions completes acquisition of Rubicon Oilfield International, establishing leading independent global provider of high value oilfield products and technical services
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HOUSTON, March 11, 2021 /PRNewswire/ Innovex Downhole Solutions, Inc. ( Innovex ) announced today that it has completed the previously announced acquisition of Rubicon Oilfield International ( Rubicon ) – further solidifying Innovex as an industry leading independent well-centric products and technology company.
The business will continue to be led by Adam Anderson, CEO of Innovex. I am pleased to confirm that the transaction has now closed, and we are looking forward to combining the dynamic US operations of Innovex with the broad international strength of Rubicon to deliver greater value to our customers with our expanded technology portfolio spanning drilling, well construction, completion, production, fishing and intervention , sa
TORONTO, March 03, 2021 (GLOBE NEWSWIRE) Shawcor Ltd. ("Shawcor" or the "Company") (TSX: SCL) today announced the appointment of Michael E. Reeves as the new President of Shawcor. Stephen M. Orr,
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The evolution of frac plugs has been a key enabler in the economic development of unconventional reservoirs in the U.S., according to John Ray, vice president of completions with Innovex Downhole Solutions.
“The industry has experimented with a variety of different completion technologies over the last 10 years, but we are firm believers that frac plugs are the simplest, most robust way to complete horizontal wells.”
A fairly new company, Innovex Downhole Solutions was formed in 2016 from the union of Team Oil Tools, Antelope Oil Tool and Isolation Technologies. And the acquisition of Quick Connectors Inc. and Enerserv in 2019 created Innovex’s well production segment centered on artificial lift technologies and related services.