Abrado Acquires Specialty Tool Product Lines from Deltide Energy Services

Gordon Technologies Acquires Lodestar International and MaxWell Downhole Technology

December 7, 2020

Energy

Gordon Technologies LLC, a Pelican Energy Partners–backed provider of measurement-while-drilling (MWD) and vibration-mitigation tools, has acquired Lodestar International, LLC and its wholly owned subsidiary MaxWell Downhole Technology Limited. The deal adds Lodestar's downhole dynamics-while-drilling (DWD) measurement tools and international R&D/service capabilities to Gordon's existing product portfolio as an add-on to expand capabilities and product offerings.

Drilling Tools International Corp. Acquires Titan Tools Services Ltd.

January 2, 2025

Energy

Drilling Tools International Corp. (DTI) completed the acquisition of UK-based Titan Tools Services Ltd., a downhole tool rental and manufacturing specialist based in Aberdeen, Scotland. The deal expands DTI's technological capabilities and strengthens its presence in the UK North Sea, Europe and African markets while adding Titan's rental fleet, materials expertise and customer relationships.

Drilling Tools International Acquires Deep Casing Tools

March 18, 2024

Oil & Gas

Drilling Tools International Corp. (DTI) has completed the acquisition of UK-based Deep Casing Tools (DCT), a developer and manufacturer of patented downhole drilling and casing-running technologies. Financial terms were not disclosed; Energy Ventures III LP, the largest shareholder in DCT, will exit on closing. The deal expands DTI's product capabilities and international footprint, with particular emphasis on the Middle East.

Matador Resources Acquires Ameredev Subsidiary in Delaware Basin

June 12, 2024

Energy

Matador Resources Company agreed to acquire a subsidiary of Ameredev II Parent, LLC (Ameredev) — including producing oil and gas properties and ~33,500 net contiguous acres in the Delaware Basin — for approximately $1.83–1.905 billion in cash (subject to adjustments). The transaction adds material production (~25,000–26,500 BOE/d), ~118 million BOE of proved reserves and an approximate 19% stake in Piñon Midstream, expanding Matador's Delaware Basin footprint and midstream exposure.

Blue Wolf Performance Solutions Acquires Aqua Drill International

March 8, 2022

Industrial Services

Blue Wolf Performance Solutions, a Dorilton-backed industrial cleaning platform, has acquired Aqua Drill International, a Dickinson, Texas–based provider of proprietary, technology-driven industrial cleaning services. The deal expands Blue Wolf's technical capabilities and national service offering across power generation, petrochemical, refining and other industrial end markets.

Innovex Downhole Solutions Acquires Rubicon Oilfield International

November 10, 2020

Energy

Innovex Downhole Solutions entered into a definitive agreement to acquire Rubicon Oilfield International, creating a combined global provider of downhole products and technical services for the oil and gas industry. The deal, expected to close in early 2021, brings together Innovex's U.S. operations and Rubicon's international footprint to expand product offerings, geographic reach and service capabilities; terms were not disclosed.