Both companies operate primarily in Oklahoma, Texas, Pennsylvania and Ohio.
SNC-Lavalin Inc., Canada’s largest engineering company, plans to expand in the oil and gas industry.
OWL partnered with NGP Natural Resources X LP and NGP Energy Technology Partners II LP as equity sponsors.
Fraction provides services to customers focused in northeast British Columbia and northwest Alberta.
The companies filed for Chapter 11 bankruptcy on May 15, 2013.
Patterson-UTI now has more than 790,000 horsepower of hydraulic fracturing equipment.
The divestiture will free up capital to invest in the growth of core businesses in Canada, the U.S. and international markets.
Company offers customized completion solutions and wireline services.
The acquisition includes 31,500 horsepower of hydraulic fracturing equipment.
The company acquired Hard Rock's patented Drill N Ream wellbore technology.
MSD Engineering had 2013 sales of $26 million, and will now operate as MRC MSD Engineering.
Legendary oilman T. Boone Pickens’ latest investment puts money into natural gas.