Vertice Oil Tools expands completions portfolio with Greenwell acquisition

Vertice Oil Tools, Inc., a provider of advanced completions technology, have announced the acquisition of Greenwell Engineering, Inc. The acquisition expands Vertice’s completions portfolio, enhances its ability to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets. 

“The addition of Greenwell Engineering’s cutting-edge wireline solutions aligns seamlessly with our mission to deliver best-in-class completions technology,” said Mohamed Saraya, CEO of Vertice Oil Tools. “This expands our product offerings, strengthens our customer support, deepens our partnerships with wireline service providers, and reinforces our commitment to innovation. And we’re just getting started—Vertice will be announcing new products and leadership roles soon as we continue building a category-defining company.”

“Combining forces with Vertice enables us to accelerate the development and deployment of next-generation completion technologies," added Cameron Kirkpatrick, CEO of Greenwell Engineering and now COO of Vertice. "Together, we’re positioned to redefine industry standards and deliver unmatched solutions to our clients.”

Key benefits of the acquisition include an expanded market presence across major oil field hubs including Houston, Denver, Dallas-Fort Worth and Midland, advanced testing capabilities, accelerated innovation and enhanced customer support.