NewTech Services complete the acquisition of Wolverine Oilfield Technology
On September 2nd NewTech Services complete the acquisition of Wolverine Oilfield Technology, Houston-based engineering, manufacturing company that offers MWD, LWD and directional drilling technology for the oil and gas industry.
Wolverine Oilfield Technology has an impressive track record in designing and engineering MWD and LWD technology and has developed an innovative portfolio of high speed data telemetry technology. This acquisition strengthens our offering in high-tech services market
We are very excited with this transaction, which is an important milestone for us as it will leverage NewTech Services footprint in high-tech segment of Directional Drilling, MWD and LWD market.