Superior Energy Services, a leading drilling company with a major presence in the North America region, has announced that it has acquired Quail Tools, a major provider of premium tubular rentals in the US land market, from global oil and gas drilling contractor Nabors Industries.
This strategic transaction significantly expands Superior's presence in the US market, enhancing its scale and capabilities.
It also strengthens the company's ability to deliver efficient, cost-effective services to customers worldwide, said the company in a statement.
With this acquisition, Superior fortifies its position as a leading provider of premium tubular solutions across both US and international land and offshore markets.
Quail Tools brings a 47-year legacy of industry leading excellence, a highly capable team, and a complementary portfolio of premium drill pipe, landing strings, completion tubing, and certified pressure control equipment.
The integration of Quail with Superior's existing rental brands-including Workstrings International, Stabil Drill, and HB Rentals-creates an integrated customer service focused platform with industry-leading scale, technical depth, and geographic coverage.
"This acquisition is the first major milestone in our ongoing strategy to build a global platform of industry-leading capabilities," said Dave Lesar, Chairman & CEO of Superior Energy Services.
"Quail's best-in-class US facilities and inventory allow us to serve all major US energy plays with greater efficiency, while also enhancing our ability to better support offshore and international operations. The combined business is positioned to deliver superior service, innovation, and responsiveness to our customers worldwide," he stated.
The combination of this rental platform with Superior's leading well services businesses, Wild Well Control, Superior Completion Services, International Snubbing Services and International Production Services, now positions the organisation to deliver high value, mission critical products and services to E&P customers across the globe, supporting all phases of the lifecycle of their wells.
"Joining Superior Energy Services is a natural evolution for Quail Tools," remarked Jason Geach, Vice President at Quail Tools.
"We share a commitment to quality, innovation, and customer success. This combination opens new opportunities for our customers and employees, and we're excited about the future we'll build together," he added.