Company Profile
Superior Energy Services, Inc. provides oilfield services and equipment to serve drilling and production-related needs of oil and gas companies primarily in the United States. The company operates in four segments: Well Intervention Services, Rental Tools, Marine Services, and Oil and Gas Operations. The Well Intervention Services segment offers coiled tubing, electric line, pumping and stimulation, gas lift, well control, snubbing, recompletion, engineering and well evaluation, offshore oil and gas cleaning, decommissioning, plug and abandonment, and mechanical wireline services. This segment also provides rigless plug and abandonment services in the Gulf of Mexico, as well as manufactures and sells specialized drilling rig instrumentation equipment. The Rental Tools segment engages in the manufacture, sale, and rental of equipment for use with offshore and onshore oil and gas well drilling, completion, production, and workover activities. Its rental tools include pressure control equipment, specialty tubular goods, connecting iron, handling tools, stabilizers, drill collars, and on-site accommodations. The Marine Services segment owns and operates a fleet of liftboats. As of December 31, 2007, it operated a fleet of 37 liftboats, including 10 liftboats configured specifically for wireline services and 27 in its rental fleet. The Oil and Gas Operations segment owns and operates mature oil and gas properties in the Gulf of Mexico. The company had interests in 31 offshore blocks containing 79 structures and approximately 149 producing wells, and had reserves of approximately 13.7 million barrels of oil equivalent. Superior Energy Services was founded in 1991 and is headquartered in Harvey, Louisiana.
