Abrado Acquires Specialty Tool Product Lines from Deltide Energy Services

June 22, 2016

Abrado Wellbore Services has acquired the specialty downhole tool product lines (including Medusa section milling, Rattler magnets, Mud Viper surface magnets and fishing tool services) from Deltide Energy Services, LLC. The purchase expands Abrado's existing downhole video, cleanout tools and chemical displacement capabilities and enables the company to offer a comprehensive solution for wellbore debris management and P&A work.

Buyers
Abrado Wellbore Services
Targets
Deltide Energy Services, LLC
Sellers
Deltide Energy Services, LLC
Industry
Energy
Location
Louisiana, United States
Transaction Type
Divestiture

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