Innovex Downhole Solutions: Acquires Rubicon Oilfield International
Innovex Downhole Solutions to acquire Rubicon Oilfield International, establishing leading independent global provider of high value oilfield products and technical services. Innovex Downhole Solutions, Inc. (“Innovex”) announced that it has entered into a definitive agreement to acquire Rubicon Oilfield International (“Rubicon”). The transaction is expected to close in early 2021 …
Rubicon Oilfield: ResonATOR X3 Reduces Downhole Friction
The ResonATOR X3 reduces downhole friction in directional drilling applications, yielding an increased rate of penetration, improved directional control, and reduced stick-slip. We’ve alleviated these downhole drilling challenges by adding a carbide coated hydraulic rotating valve and eccentric mass on the end of the multi-stage power section that creates both …
Rubicon Oilfield International: Acquires World Oil Tools
Rubicon Oilfield International today announced it has acquired the assets and operating business of World Oil Tools Inc. (“World”), a leading manufacturer and supplier of specialty inflatable products and technology consumed in downhole completions operations. Terms of the transaction were not disclosed. Established in 2000 and headquartered in Calgary, World …
Rubicon Oilfield International: Acquires Choice Completions Systems
Rubicon Oilfield International today announced it has acquired Choice Completions Systems, LLC, an emerging technology company specializing in the supply of downhole products for unconventional multi-stage completions. Terms of the transaction were not disclosed. Established in 2016, Choice has rapidly built a reputation for developing and delivering high quality completion products fueled by the specific needs of …