John Stude was vice president of business development for North America services at Superior Energy Services. Prior to its acquisition by Superior, Stude was vice president of corporate development for Complete Production Services.
"The proposed acquisition would raise no competition concerns, given the very limited overlaps between the companies' activities and the modest increment in market shares brought about by the transaction," the European Commission said.
Sales and field service will be available for upstream and midstream customers in the Marcellus and Utica, Midcontinent, Permian, Eagle Ford, Rockies and Bakken. Employees from both companies were combined.
The facility is near Smiley, Texas. Gabriel Rio, president and CEO, said Milestone has six strategically positioned locations in the Eagle Ford and Haynesville shales.
Water Standard Group will now be able to deliver innovative, competitively priced water treatment solutions from small skid-mounted assemblies and mobile equipment, and larger integrated packages and modules.
The firm plans to raise $130 million through the offering of 13 million units sold at $10 per unit, according to Securities and Exchange Commission filings on Jan. 19.
Wilks made the acquisitions for investment purposes and said it has not considered its role in any future acquisitions of, or ownership over, additional Trican securities.
The Denver company has launched a new water management division named Heat Waves Water Management LLC (HWWM).
Although talks are progressing, significant terms and conditions are still under negotiation, the release said.
Reuters reported Jan. 12 that in November 2014, Halliburton offered to buy its rival for about US$35 billion in cash and stock, creating an oilfield services behemoth rivalling Schlumberger Ltd.
The firms did not disclose the value of the deal, but said it would offer integrated solutions to oil company clients who are facing financial constraints due to the oil price collapse and have to tighten capex.
Greg Goff, chairman, president and CEO, said assets bolster Tesoro’s capability as full-service logistics provider to state’s crude producers. Tesoro will gain direct access to additional crude for West Coast refineries.
|E&P||USD 190||Members only||AWE Ltd.|
|S&S||USD 247||Members only||Trican Well Service Ltd.|
|E&P||USD 245||Members only||Quicksilver Resources Inc.|
|Mid||USD 4400||Members only||Questar Corp.|