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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