The company performs platform decommissioning, pipeline abandonment and structural removals for its clients.
The well services’ HWO/snubbing units will be divested and the proceeds will be redirected to buy equipment for the company’s plug and abandonment in-house capabilities.
Chet Morrison vice president Bobby Lott said the company has assembled a veteran team and is adding necessary equipment to enable them to completely remove all well associated pipe and casing to required depths with in-house equipment and personnel.
