Search Copying and distributing are prohibited without permission of the publisher
Email a friend
  • To include more than one recipient, please separate each email address with a semi-colon ';', to a maximum of 5

  • By submitting this article to a friend we reserve the right to contact them regarding AMM subscriptions. Please ensure you have their consent before giving us their details.

MRC completes energy firm buy

Keywords: Tags  MRC Global, Andrew Lane, Production Specialty Services, acquisition, Permian Basin, Eagle Ford shale

PITTSBURGH — MRC Global Inc. has completed its acquisition of Production Specialty Services Inc., the company said Wednesday. The financial terms of the deal were not disclosed.

Houston-based MRC and Midland, Texas-based Production Specialty Services said when the deal was announced in November that a primary goal of the tie-up was to boost services to customers operating in the Permian Basin and Eagle Ford shale (, Nov. 30).

The Permian Basin, which underlies much of west Texas and parts of southeastern New Mexico, has long been a source of oil in a region that accounts for most of the drilling activity in the United States. The Eagle Ford shale, which also contains oil, is located in southern Texas.

"I look forward to combining our strengths to better serve our customers in the Permian Basin and Eagle Ford shale," MRC chairman, president and chief executive officer Andrew R. Lane said in a statement.

Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Latest Pricing Trends