Vertice is expanding its presence across unconventional oil & gas markets with its purchase of Greenwell Engineering Inc. (Source: Shutterstock)
Completions technology provider Vertice Oil Tools Inc. has acquired Greenwell Engineering Inc., expanding its completions portfolio and its presence across unconventional oil and gas markets.
“The addition of Greenwell Engineering’s cutting-edge wireline solutions aligns seamlessly with our mission to deliver best-in-class completions technology,” said Vertice CEO Mohamed Saraya. Greenwell CEO Cameron Kirkpatrick will become COO of the combined company.
Vertice said the benefits of the acquisition include a strengthened sales and service network, an expanded pipeline of new wireline and completion technologies and advanced testing capabilities.
Vertice is based in Missouri City, near Houston. Greenwell is based in Weatherford, near Fort Worth.
Recommended Reading
Halliburton-Backed Startup Espiku Nears Water Treatment Pilot
2025-02-04 - Oregon-based Espiku, in collaboration with Halliburton Labs, aims to help drillers reuse produced water and reduce disposal. The company is scouting potential pilot project sites in the Permian Basin, Bakken and North Texas.
Refrac King BKV Sees More Runway in Barnett Shale
2025-03-27 - BKV says it has more than 15 years of refrac and new drilling inventory in the Barnett.
BP’s Eagle Ford Refracs Delivering EUR Uplift, ‘Triple-Digit’ Returns
2025-02-14 - BP’s shale segment, BPX Energy, is seeing EUR uplifts from Eagle Ford refracs “we didn’t really predict in shale,” CEO Murray Auchincloss told investors in fourth-quarter earnings.
Kimmeridge’s Ben Dell: International Investors Return to US Shale Gas
2025-04-10 - Fresh off announcing a deal with UAE’s Mubadala Energy, Kimmeridge’s Ben Dell phoned Hart Energy from Abu Dhabi to discuss returning international interest in U.S. natural gas.
Exxon Sits on Undeveloped Haynesville Assets as Peers Jockey for Inventory
2025-04-09 - Exxon Mobil still quietly holds hundreds of locations in the Haynesville Shale, where buyer interest is strong and inventory is scarce.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.