Knight Oil Tools in Lafayette said it has acquired Tri-State Tools & Inspection LLC, headquartered in Corpus Christi, Texas.
Terms of the deal were not disclosed.
Tri-State Tools & Inspection operates throughout the south and west Texas oil and gas drilling markets through facilities in Corpus Christi and Odessa.
It provides stabilizers and non-destructive testing for drill pipe and bottomhole assembly components.
“The acquisition of Tri-State Tools & Inspection expands our Tri-Drill Services business unit inspection operations into new markets in Texas and the addition of stabilizers now gives Knight Oil Tools’ Rental Tool Services business unit the entire bottomhole assembly, except for the drill bit,” said Mark Knight, president of Knight Oil Tools.
Operating from more than 50 locations across 10 oil-producing states and internationally, Knight Oil Tools serves all phases of a well’s lifecycle from exploration to abandonment.