Abrado acquires key service lines from Deltide Energy

2022-07-22 22:00:44 By : Mr. Bruce Li

HOUSTON -- Abrado Wellbore Services, a specialist in wellbore cleanout and video diagnostics services, has announced the acquisition of the specialty tool product lines of Deltide Energy Services, LLC.

The acquisition results in Abrado taking full ownership of Deltide’s proprietary Medusa section milling technology, its Rattler suite of downhole magnets, it’s Mud Viper surface ditch magnets and suite of fishing tool services, all of which complement Abrado’s existing proprietary downhole video services, suite of wellbore cleanout tools and displacement chemicals.

"Acquiring Deltide’s specialty downhole tools and expertise in section milling, fishing and magnetics allows Abrado to expand into the P&A market and further its ambitions to be the pre-eminent company for efficient wellbore debris management,” Sandy Esslemont, Abrado’s CEO said. “Being able to diagnose the issue with downhole video, apply the appropriate Abrado cleanout/fishing/milling solution and validate job success with video, all in the same ‘toolbox’ is unique to Abrado.”

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