Our Divestitures

Strategic transactions

Completed

U.S. Pressure Pumping and Pump-Down Perforation Assets

  • Transaction completed December 2017
  • Proceeds of $430M
  • Retained high-margin North America Completions business

International Land Drilling Rigs

  • Includes 31 rigs concentrated in MENA
  • Proceeds of $287.5M
  • First two tranches closed in 4Q18 representing total proceeds of $216M

Two transactions announced

Laboratory Services

  • Proceeds of $205M

Surface Data Logging

  • Proceeds of $50M