Turnco LLC Announces Strategic Acquisition of Drill Spec Services to Enhance OCTG Capabilities

Source: www.gulfoilandgas.com 4/6/2024, Location: North America

Turnco LLC is thrilled to announce its recent acquisition of Drill Spec Services. This strategic acquisition is set to double Turnco’s capabilities in the Oil Country Tubular Goods (OCTG) domain, fostering unprecedented growth and enhanced service delivery.

Turnco, a leader in downhole drilling tool asset integrity and quality assurance, has been at the forefront of innovation and operational excellence for over 14 years. The integration of Drill Spec’s assets will significantly expand Turnco’s service offerings, especially in the West Texas and South Texas regions, enabling the company to cater to the evolving needs of its expanding customer base.

“This is a transformative moment for Turnco and our customers,” said Lonnie Smith, President and Co-founder of Turnco. “By doubling our OCTG capabilities, we are not just expanding our service offerings; we are elevating them. This acquisition enables our West Texas and South Texas business units to deliver even more exceptional service and support to our growing customer base. It is a testament to our commitment to excellence and our vision for the future.”

Anthony Cooper who served as President of Drill Spec Services, will retain a role within Turnco with level III advisement and assisting with business development.

With this acquisition, Turnco LLC reaffirms its dedication to providing industry-leading solutions and support to the oil and gas industry, driving innovation, efficiency, and growth.





Gulf Oil and Gas
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