Ranger Energy Services completes acquisition of STEP Energy’s US coiled tubing assets
Bitget2026/10/09 05:16Ranger Energy Services completed the acquisition of STEP Energy Services’ U.S. coiled tubing assets. The deal positions Ranger as the second-largest U.S. coiled tubing operator, expanding its footprint across multiple basins. STEP’s U.S. coiled tubing personnel, customer relationships, and operating expertise are being integrated into Ranger’s existing well-service platform. Management expects the combined operations to support a larger coiled tubing fleet, with continued emphasis on safety and reliability. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ranger Energy Services Inc. published the original content used to generate this news brief on October 09, 2026, and is solely responsible for the information contained therein.
- Ranger Energy Services completed the acquisition of STEP Energy Services’ U.S. coiled tubing assets.
- The deal positions Ranger as the second-largest U.S. coiled tubing operator, expanding its footprint across multiple basins.
- STEP’s U.S. coiled tubing personnel, customer relationships, and operating expertise are being integrated into Ranger’s existing well-service platform.
- Management expects the combined operations to support a larger coiled tubing fleet, with continued emphasis on safety and reliability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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