Drilling Tools International on Monday confirmed buying Houston oil field security company WellFence LLC. Launched in 2016, WellFence uses smart cameras, sensors and other internet-enabled ...

Team Oil Tools will continue to provide the full suite of Chancellor products with this transition. The company recently completed a successful field test of its “Ranger” liner hanger ...

Combined, the merged entity and its biggest rival, Schlumberger, will have well over half of the global market share in most of the oil-field tools used to harvest crude, according to Spears ...

YORKTOWN - The news reached Baker Oil Tools workers on Friday: You've been let go. But just for a little while. Howco Group bought the oil field equipment manufacturing company's site and will ...