Axis Energy Services Offers New Option for Completions
A new workover and completion specialist company launched Nov. 5.
Axis Energy Services, based in Longview, TX, was created by the merging of three companies – TEC Well Service, Momentum Pressure Control and M6 Energy Services.
The company focuses on optimizing completions on long-lateral shale wells.
“For too long, E&P companies in the U.S. have had two choices for completions. They could use coiled tubing with reliability issues in longer laterals or stick pipe requiring too many companies on site—often without the right equipment or crews,” Wendell Brooks, Axis CEO, said in a company statement. “The mission of Axis is simple: to offer our customers a third option to reach new levels of efficiency, reliability, and profitability while simplifying completion operations.”
Axis provides frac plug drill out, tube up, well servicing, pressure control, pumping, acid and nitrogen services from four operating bases.
The company is currently working on a year-long build-out program purposed to create a shale-capable fleet of rigs and associated equipment.
Axis was formed with the investment partnering of B-29 Investments and Lime Rock Partners.
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