Ranger Energy Services completes acquisition of STEP Energy’s US coiled tubing assets
RNGR•Ranger Energy Services completed its acquisition of STEP Energy Services’ U.S. coiled tubing assets, positioning Ranger as the second-largest U.S. coiled tubing operator.
1. Acquisition completed
Ranger is integrating STEP’s U.S. coiled tubing personnel, customer relationships and operating expertise into its existing well-service platform. Management expects the combined operations to support a larger coiled tubing fleet, with continued emphasis on safety and reliability.
