Trican Well Service Ltd. is a provider of oilfield services, including acidizing, coiled tubing, fracturing, nitrogen pumping, and cementing. It is headquartered in Calgary, Alberta, Canada, with operations in Alberta, British Columbia and Saskatchewan.
History
Trican Well Service was founded on April 11, 1979. Until 1997, it primarily operated in the Lloydminster, Alberta area and the Kindersley, Saskatchewan area.[2]
In December 1996, the company became a public company and changed its management.[2]
In January 2013, the company acquired i-TEC Well Solutions.[3]
In 2015, the company sold its Russian operations to Rosneft for $197 million. It also suspended operations in Australia, Algeria, Saudi Arabia, and Colombia to cut costs. In 2016, the company sold its United States hydraulic fracturing business to Keane Group.[4]
In June 2017, the company acquired Canyon Technical Services.[5]
See also
External links
References
- CONSOLIDATED STATEMENTS OF FINANCIAL POSITION^
- Revised Annual Information Form May 18, 2000^
- Trican Well Service To Acquire I-Tec Well Solutions - Quick Facts RTTNews, December 21, 2012^
- DAN HEALING. Trican Well Service selling U.S. fracking division for $285M, plus stake in buyer Calgary Herald, January 26, 2016^
- Trican and Canyon Announce Closing of Arrangement Globe Newswire, June 2, 2017^