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Ranger Snags Bundle of Basic Energy s Lower 48 OFS Assets - Natural Gas Intelligence
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Ranger acquires assets of Basic Energy Services
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10 Biggest Price Target Changes For Monday
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Ranger Energy acquires PerfX Wireline Services - Houston Business Journal
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Ranger Further Expands Wireline Footprint with PerfX Acquisition
Ranger Energy Services Inc. has further boosted its wireline presence in the Lower 48 following the acquisition of PerfX Wireline Services, its second takeover since May.
The Houston-based oilfield services company said last week it had acquired Minot, ND-based PerfX in an all-stock deal. The deal follows the acquisition of Patriot Completions Solutions LLC in May, in which Ranger added 22 wireline units to its fleet of 13.
With both deals in the bag, Ranger’s wireline fleet has increased fivefold, bringing its truck count to 68. The transactions have also added 10 cranes and four pumpdown pumps to its existing fleet of eight pumps. In addition, the newly acquired assets include eight new locations, 27 incremental customers, and “full packages of other ancillary equipment,” Ranger said.