The rod artificial lift systems market is expected to reach USD 7.5 billion by 2032, as reported in a research study by Global Market Insights Inc. Driven by the increasing demand for oil and gas ...

Lufkin Industries reported Monday that it has completed its acquisition of Schlumberger N.V. (NYSE: SLB) unit North American Land Rod Lift Business. “The real winner in the combination are the ...

Lufkin Industries, which is backed by KPS Capital Partners, has acquired Schlumberger’s Rod Lift Business, a provider of rod lift products and services in North America. No financial terms were ...

NAPPANEE (Inside INdiana Business) – Texas-based Lufkin Industries has acquired US Rod in Nappanee and Patriot Pump in North Dakota. Financial terms of the deal were not disclosed. US Rod makes ...

NEW YORK, May 1, 2020 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to acquire the Lufkin rod lift solutions business ("Lufkin" or the ...

Oilfield services provider Baker Hughes Co on Friday agreed to sell its Lufkin rod lift unit to private equity fund manager KPS Capital Partners for an undisclosed amount. May 1 (Reuters) - Oilfield ...

Lufkin Industries has acquired the Schlumberger N.V. unit North American Land Rod Lift Business. Lufkin Industries reported Monday that it has completed its acquisition of Schlumberger N.V. (NYSE: SLB ...

Oilfield services provider Baker Hughes Co on Friday agreed to sell its Lufkin rod lift unit to private equity fund manager KPS Capital Partners for an undisclosed amount. Oilfield service providers, ...