FTS International (FTSI), the largest independent well completion service company in North America, has completed the acquisition of substantially all the assets of J-W Wireline Co. The acquisition increases FTSI’s wireline capacity more than tenfold and extends wireline service to all locations where the company currently offers hydraulic fracturing services, including the Permian Basin; Eagle Ford, Marcellus, Utica and Haynesville shales; and various mid-continent plays.
The acquisition of substantially all of the assets of J-W Wireline, one of the largest independent cased-hole wireline companies in North America, provides a national wireline footprint to FTSI’s North American well stimulation fleet, which has more than 1.6 million hydraulic horsepower.
The acquisition includes approximately 70 active wireline units, related district operation locations, a manufacturing facility and a training facility.
With the completion of the transaction, approximately 400 J-W Wireline employees are joining FTSI, including a wireline management team with deep industry experience.
FTSI is based in Cisco, Texas.
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