Oil States International Inc. (OI2)

Overview

Oil States International, Inc. is a corporation that provides comprehensive engineered capital equipment and products predominantly for the energy, industrial, and military sectors on a global scale. Through its subsidiaries, the company serves a wide range of needs within the oil and natural gas industry, right from drilling to the maintenance of wells throughout their lifecycle. It operates through three key segments: Well Site Services, Downhole Technologies, and Offshore/Manufactured Products. Established in 1995, Oil States International, Inc. is headquartered in Houston, Texas, and leverages its technological innovations and manufacturing capabilities to support critical operations within the sectors it serves.

Products and Services

• Well Site Services: This segment focuses on supplying equipment and services crucial for drilling, establishing, and maintaining oil and natural gas flow from wells. It encompasses a variety of offerings such as wireline support, frac stacks, isolation tools, and services including well testing, flowback operations, and sand control. Moreover, it extends to land drilling services tailored for downhole and extended reach activities.
• Downhole Technologies: Catering to completion, intervention, wireline, and well abandonment operations, this segment specializes in oil and gas perforation systems and downhole tools. It's also renowned for designing, manufacturing, and marketing consumable engineered products directed towards oilfield service, in addition to exploration and production companies, enriching the segment’s product portfolio with high utility and demand.
• Offshore/Manufactured Products: Primarily involved in the design, manufacture, and marketing of capital equipment for floating production systems, subsea pipeline infrastructure, and offshore drilling rigs and vessels. Products under this segment include:
  • Flexible bearings and advanced connector systems.
  • High-pressure riser systems and managed pressure drilling systems.
  • Deepwater mooring systems, cranes, and subsea pipeline products.
  • Blow-out preventer stack integration products.
  This segment is also responsible for delivering short-cycle products like valves, elastomers, and other specialty products utilized in land-based drilling and completion markets, alongside products for industrial, military, and alternative energy applications. Complementing its product offerings, the segment provides specialty welding, fabrication, cladding and machining, alongside offshore installation, and inspection and repair services, showcasing a robust product and service portfolio designed to meet a wide spectrum of customer needs.