Pipetech, a flow remediation solution specialist, has introduced a groundbreaking downhole scale remediation (DSR) technology to transform wellbore cleaning solutions in the oil and gas sector.

Hunting said it completed the sale of its stake in Rival Downhole Tools for $13.1 million as part of its strategy to focus on its core business. The oil-and-gas services company said Monday that it ...

Downhole Technology Segment Revenue: $27 million, with break-even adjusted segment EBITDA. Cash Flow from Operations: $18 million for the quarter. Capital Expenditures (CapEx): $14 million ...