Ranger History
THE RANGER TIMELINE
A history of growth
With over 40 years of experience, Ranger Energy Services is built for today’s oilfield with a strong history of innovation, safety and culture. We have been formed through a series of mergers and acquisitions to assemble a substantial modern fleet of fit-for-purpose and high-spec rigs along with a team of experienced service professionals.
2021
Ranger’s Year of Acquisitions
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Ranger Energy Services acquires Patriot Well Solutions
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Ranger Energy Services acquires the assets of PerfX Wireline Services
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Ranger Energy Services acquires certain assets from Basic Energy Services
Ranger Develops New Technology
- Ranger was awarded the Silver Safety Award in Group V from the Association of Energy Service Companies (AESC) for the 2nd year in a row
- Ranger introduced its Ranger Live™ Mobile Platform cloud-based applications including eRIGS™ Data Acquisition System
- Ranger introduced its patent-pending Tong Operating and Positioning System TOPS™
- Ranger introduced its Ranger Elite™ comprehensive completion solutions
2020
2019
Ranger Launches a New Culture
- Ranger was awarded the Silver Safety Award in Group V from the Association of Energy Service Companies (AESC)
- Launched a new Purpose, Mission, Vision and Values
- Purchased $24 million of new capital assets
- Ranger was awarded several multi-year contracts with major international operators
2018 Ranger Internal Integration
- Ranger Acquired MVCI Energy Services Inc.
- Well testing and frac flowback services
- Focused on integration of operations, QHSE, human resource, accounting and IT systems of eight predecessor companies
- Purchased $76 million of new capital assets
2018
2017
Ranger Goes Public
- Initial Public Offering of stock on the NYSE as RNGR
- Ranger Acquired ESCO: Well services and swabbing services
- Launched Mallard Completions wireline business in the Permian Basin as an organic startup
- Purchased $56 million of new capital assets
Merger by CSL Capital Management
- CSL Capital Management merged Ranger, Bayou, and Magna into Ranger Energy Services
2016
2014
Founding of Ranger Energy Holdings, LLC
- Well services
Founding of Torrent Energy Services
- Modular natural gas processing solutions
2012
2010
Founding of Bayou Workover Services
- Well services, decommissioning and fluid management services
Founding of Magna Energy Services
- Well services, decommissioning, wireline, fluid management services
2007
1975
Founding of Energy Services Company (“ESCO”)
- Well services and swabbing services
THE RANGER TIMELINE
A history of growth
We firmly believe that a company’s history is a strong indicator of their future. Ranger’s history is a combination of mergers and acquisitions fully realized by teams of experienced oil and gas professionals.