Gas industry

ICO, Inc. Acquires Curley's Inspection Service

Strategic Insights

Jan 4, 1998 — 1 min read

ICO, Inc. has acquired the assets of Curley's Inspection Service, Inc., a company that provides drill pipe and casing inspection services from locations in the Permian Basin and southeast New Mexico. This acquisition strengthens ICO's drill pipe services, an important market segment, and expands its presence in the Permian Basin, where drilling activity has seen a significant rise in the past year. ICO's President and CEO, Sylvia Pacholder, stated that the company plans to grow Curley's through its name recognition and strong reputation in the region.

Key Takeaways:

ICO, Inc. has acquired the assets of Curley's Inspection Service, Inc. for an undisclosed amount.
Curley's provides drill pipe and casing inspection services from locations in the Permian Basin and southeast New Mexico.
The acquisition enhances ICO's ability to offer integrated services in drill pipe coating, storage, and inspection.
The Permian Basin has seen a significant rise in drilling activity in the past year, driving demand for drill pipe services in the area.
ICO's ProSpect 2000 drill pipe inspection unit and IPC 100 powder coating for drill pipe have gained significant market share.
ICO, Inc. serves the global petrochemical, energy, and steel industries through high-technology equipment and services for petrochemical processing and oilfield services.
The acquisition aligns with ICO's strategy to provide customers with a broad range of services, including drill pipe and casing inspection.
Sylvia Pacholder, President and CEO of ICO, stated that the company expects to grow Curley's through its name recognition and strong reputation in the Permian Basin.

Statistics:

The Permian Basin has seen a significant rise in drilling activity in the past year.
ICO's ProSpect 2000 drill pipe inspection unit has gained significant market share.
ICO's IPC 100 powder coating for drill pipe has gained significant market share.
Drilling activity in the Permian Basin is expected to continue driving demand for drill pipe services in the area.

Sources:

ICO, Inc. press release, January 5, 1998.
Source: PR Newswire, January 5, 1998.

The End of American Hypergrowth

For two centuries, the US economy grew by adding workers. That's over.

Healthcare's $5.3 Trillion Drag

How Medical Spending Became America's Biggest Productivity Tax

Breakthrough in Nanotechnology: Electromagnetic Shock Treatment Shows Promise

Researchers at the Wuhan University of Technology in China have made significant progress in the field of nanotechnology, specifically in the area of nanoindentation. A novel electromagnetic shock treatment (EST) method has been developed to enhance the microscale mechanical properties of a titanium alloy, with promising results obtained through array-based

Gut Microbiota Plays Crucial Role in Immunotherapy Success for Colon Cancer Patients

Research investigators at the Zhengzhou Central Hospital Affiliated to Zhengzhou University have made groundbreaking discoveries on the role of gut microbiota in determining the efficacy of immunotherapy for colon cancer patients. The study, which was recently published in Biochimica et Biophysica Acta, reveals that specific bacterial species and microbial metabolites

Read more

The End of American Hypergrowth

Healthcare's $5.3 Trillion Drag

Breakthrough in Nanotechnology: Electromagnetic Shock Treatment Shows Promise

Gut Microbiota Plays Crucial Role in Immunotherapy Success for Colon Cancer Patients