Schlumberger acquires Peak Well Systems

Houston-based Schlumberger recently announced the acquisition of Peak Well Systems (Peak), a leading specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity.

The addition of Peak’s mechanical and remedial solutions for cased-hole well intervention strengthens the Schlumberger Production Services portfolio with a broader offering of mechanical services to its global customers.

Existing Peak customers will continue to have access to the full range of Peak’s well intervention products, and will now benefit from a wider distribution network offered by Schlumberger, in all global markets.

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