Superior Energy Services Acquires Quail Tools from Nabors for $600M

August 20, 2025

Nabors Industries has sold its Quail Tools subsidiary to Superior Energy Services in a transaction with net consideration reported at $600 million (comprised of $375 million cash and a $250 million seller note) plus net working capital adjustments. The deal closed on Aug. 20, 2025; Nabors said the divestiture will reduce net debt by more than 25% and Superior expects to expand its rental tubular and pressure-control capabilities and realize synergies.

Buyers
Superior Energy Services, Inc.
Targets
Quail Tools, LLC
Sellers
Nabors Industries Ltd.
Industry
Energy
Location
Louisiana, United States
Transaction Type
Divestiture

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