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10 Fastest Growing Oil & Gas Companies 2017

Superior Energy Services offers drilling-related and production related solutions to energy producers

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"We provide a diverse set of products and services in select global markets that add value to our customers’ operations with an emphasis on quality, integrity and safe operations."

It’s hard to imagine an industry with greater complexity – or greater demands – than the oil and gas industry. As dwindling reserves force companies to operate in remote and even possible hostile environments, the high cost and difficulty of extracting energy is steadily increasing. And as Technological innovation, as we’ve all heard, is taking over the world, There’s no exception to that rule in the Oil and Gas industry. Superior Energy Services provides vital products and services for energy producers, throughout the life cycle of the well, from drilling and production through plug and abandonment and decommissioning.

Genesis and Growth of Superior Energy

The company that exists today traces its roots back two decades, beginning as an oilfield products manufacturing firm and eventually branching out into services. By the mid-1990s, it offered a full inventory of specialized tools for drilling, production and well work over activities. To finance further growth in this high-capital business, it initiated a public offering of stock in 1995.

Superior Energy’s tremendous growth accomplished in a relatively short time has been the result of hard work, strategic acquisitions and a focus on exceeding customer expectations. Following its public offering, Superior grew quickly by acquiring more than 10 small- and mid-sized well intervention and oilfield tool rental companies in just three years, growing revenues from $23.6 million to $91.3 million in that time. In 1999, Superior Energy Services merged with Cardinal Services, the market leader in mechanical wireline services in the Gulf of Mexico and also the largest owner and operator of lift boats in the region.

By the mid-2000s, the Gulf of Mexico market was awash with overcapacity and suffering from low commodity prices. To increase asset utilization, Superior Energy Services looked globally. In 2003, it acquired Premier Oilfield Services of Aberdeen, Scotland, providing immediate access to the North Sea, Europe, the Middle East and West African markets. In 2003, it formed SPN Resources to acquire mature Gulf of Mexico properties that required the intervention services, tools and disciplines typically employed for customers.

In 2006, Superior Energy Services expanded its onshore operations in North America through its acquisition of Warrior Energy Services, a natural gas and oil well services company that provided wire line and well intervention services to exploration and production companies. The deal made Superior the leading North American production enhancement company. The year 2008 launched an expansion of its capabilities and its global reach. The Superior companies, working individually and in tandem, continued to expand the company’s reach from New Zealand to Singapore and Norway and Kazakhstan. Hitting another milestone that year, it was ranked No. 15 on FORTUNE Magazine’s Top 100 Fastest Growing Companies list, a sure sign of good things to come.

Delivering the Products and Services You Need

Superior Energy Services serves the drilling, completion and production-related needs of oil and gas companies worldwide through a diversified portfolio of specialized oilfield services and equipment that are used throughout the economic life cycle of oil and gas wells. The world’s energy producers rely on us for the services, tools, equipment and exceptionally trained personnel needed to develop and produce oil and gas. The company has a history of developing specialized tools and technologies designed to meet customer needs. In its earliest days, it pioneered the use of “rigless” plugging and abandonment services. Since then, it has been on the leading edge of a number of developments that benefit oil and gas producers throughout the life cycle of the well.

Drilling Products and Services: It manufactures rents and sells specialized equipment and tools for use with well drilling, completion, production and work over activities. These tools include connecting iron, drill pipe, stabilizers and hole openers, handling tools, on-site accommodations, pressure control equipment and specialty tubular goods.

Onshore Completion and Workover Services: It offers pressure pumping, fluid handling and well servicing rigs to our customers. These services also include horizontal and vertical well hydraulic fracturing, cementing, fluid disposal, completions and much more.

Production Services: Its production services aim to enhance, maintain and extend oil and gas production during the life of the well. In addition to being the leader in U.S. coiled tubing services, we also offer electric line, slickline, pressure control tools and services, and snubbing and hydraulic Workover.

Technical Solutions: It is a leader in “rigless” production-related services — a cost-effective approach to delivering services and solutions aimed at maintaining and enhancing well productivity. We offer completion tools & products, environmental services, well control services and plug & abandonment.

Doyen of Oil Industry

David Dunlap, President and CEO: Dunlap was named Chief Executive Officer of Superior Energy Services, Inc. on April 29, 2010. Dunlap, veteran oil and energy executive, most recently served as Executive Vice President and Chief Operating Officer of BJ Services Company, Houston, TX, a worldwide provider of pressure pumping, well completion, production enhancement and pipeline services. He has worked and held industry leadership positions both domestically and internationally for more than 25 years.

"We will make finding and producing energy more efficient by bringing together complementary products and services to plan, deliver and execute solutions as one seamless unit operating under one common culture. In turn, we will earn a reputation as the global leader in providing safe, efficient and high-quality solutions throughout the lifecycle of the well."

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