Noble Drilling Acquires Maurer Engineering
Noble Drilling Corporation announced that it has acquired Maurer Engineering Incorporated, a privately held engineering firm based in Houston. Since its inception in 1974, Maurer Engineering has successfully designed a number of innovative drilling products and drilling-related software programs. Noble will retain all of the employees of Maurer Engineering, including the founders, William C. Maurer and William J. McDonald.
After the acquisition, Maurer Engineering will be integrated with Noble's drilling technology subsidiary, Noble Engineering & Development Limited, which focuses on developing drilling products and solutions to enhance drilling efficiency. James C. Day, Chairman and Chief Executive Officer of Noble, said, "Maurer is a well recognized engineering firm in the oil and gas sector. As drilling costs have risen, our clients have sought technologies and services to improve performance. Maurer has developed very creative solutions to improve overall well-site efficiencies."