Trican Well Service
| Company type | Public company |
|---|---|
| TSX: TCW | |
| Industry | Oilfield Services |
| Founded | April 11, 1979 |
| Headquarters | , |
Key people | Brad Fedora, CEO |
| Revenue | $972.7 million (Q2 2024) |
| $29 million (Q2 2024) | |
| Total assets | $710 million (Q2 2024) |
| Total equity | $1 billion (Q2 2024) |
| Website | www |
| Footnotes / references [1] | |
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
[edit | edit source]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
[edit | edit source]References
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