A Locke Lord team led by Henry Benton (Dallas) represented DoubleBarrel Downhole Technologies, LLC (DoubleBarrel), an independent supplier of rotary steerable systems for operators and directional drilling companies across the United States, in its sale to Intrepid Directional Drilling Specialists (Intrepid), a Midland, Texas-based directional drilling company at the forefront of innovative solutions in the oil and gas industry. According to Intrepid, the integration of DoubleBarrel further enhances Intrepid's existing portfolio of directional drilling technology solutions with the cutting-edge rotary steerable systems pioneered by DoubleBarrel. For more information, see the press release. Additional assistance was provided by Buddy Sanders, Laura L. Ferguson, Andrew Nelson (all of Houston), Claire Cook and Jack Dougherty (both of Dallas).
Posted on September 19, 2023