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 ...

Lufkin Industries said on Monday it had acquired oilfield services giant Schlumberger's North American unit that helps boost production from wells using so-called rod lift gear. Nov 2 (Reuters) - ...

(Reuters) - Lufkin Industries said on Monday it had acquired oilfield services giant Schlumberger's North American unit that helps boost production from wells using so-called rod lift gear. The ...

CHICAGO, Aug. 28, 2023 /PRNewswire/ -- Artificial Lift Market is projected to reach USD 9.0 billion in 2028 from USD 7.3 billion in 2023 at a CAGR of 4.4% according to a new report by ...

The smart rod-lift system enabled an operator in Indonesia to optimize production by automatically adjusting lift parameters, Weatherford stated. PHOTO SOURCE: Weatherford Forty reciprocating rod-lift ...