Warren & Christian Inc. was acquired by Reservoir Group’s surface logging division, Empirica.
Warren & Christian has decades of experience in the US mudlogging sector, with a growing fleet of more than 40 wellsite trailers, gas detection equipment and industry standard logging software. Its computerized logging system is currently in use extensively across Oklahoma and North Texas. The company will retain its existing personnel and management team, headed by company president, Jack Christian.
Jack Christian was advised by Managing Directors of ClearRidge, acting in their capacity as registered investment banking agents of Burch & Co., Inc. Jack Christian, company president of Warren & Christian, said: “I recognized the need for a strategic partner to realize the full potential in the surface logging market in Oklahoma. Reservoir Group is an ideal partner to broaden the service and value proposition we could offer our customers. The strong reputation of Reservoir Group, and our appreciation of its values, business philosophy and the complimentary nature of other members, made this a logical step.”
“We look forward to the benefits that come with being part of an internationally recognized company and hope that, with the backing of the Group and support from fellow members, Warren & Christian will be able to enjoy even greater success while expanding our geographic footprint and customer base.”
Reservoir Group CEO, Pascal Bartette, said: “By inviting Warren & Christian to join Empirica, we have further reinforced our strategy of becoming the surface logging company of choice for a global client base, supporting our customers with an increased service offering that is complementary to the existing skills within the Group.”
Terms of the transaction are not disclosed.
About Warren & Christian, Inc.
Warren & Christian Inc is headquartered in Oklahoma provides surfacing logging services including geological consulting services, vertical and horizontal well logs, instrumentation, digital cuttings photography and CO2 monitoring. The company primarily services independent oil and gas companies in the Anadarko, Arkoma and Texas Panhandle basins operating 40 units and a staff base of 46.
About Reservoir Group
Reservoir Group is an international oilfield services organization and recognized specialist in the fields of downhole drilling, completion and production and physical and digital data management. Its team of innovative thinkers challenge convention to find solutions to the increasingly complex technical demands of extracting the world’s remaining hydrocarbons.
Backed by Houston-based oil and gas specialist private equity firm, SCF Partners, Reservoir Group’s aim is to build a global portfolio of businesses designed to deliver specialist services around hydrocarbon reservoirs. For further information, visit www.reservoir-group.com