Newly Independent Lufkin Industries Acquires Schlumberger’s Rod-lift Business

Transaction Type
Sellers
Basin
Multiple
Announce Date
Post Date
Close Date
Estimated Price
MM
Description

Purchased Schlumberger’s rod-lift business with an expansive footprint across all major oil-producing regions onshore in North America, including the Permian Basin; includes Don-Nan, Shores Lift Solutions, KBA Engineering, Platinum Pumpjack Services and RLC Rod Lift Consulting.