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Calfrac Well Services Ltd

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Calfrac Well Services Ltd - Energy & Power showcase

Year Founded & Workforce

1999

40,000 Employees

Industry

Energy & Power
C

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Calfrac Well Services Ltd Overview

Company Headquarters: Canada

Founded: 1999

Workforce: ~40,000

Company Working: Calfrac Well Services Ltd provides hydraulic fracturing and oilfield services in the US, Canada, Russia, and Argentina. It offers a wide range of services including coiled tubing, hydraulic fracturing, cementing and other well stimulation services for oil and natural gas companies. The company operates through four business segments, which are fracturing, coiled tubing, cementing, product sales and subcontractor. It has 879,000 coiled tubing units in the US, 306,000 coiled tubing units in Canada, 108,000 coiled tubing units in Argentina, and 77,000 coiled tubing units in Russia. The coiled tubing segment includes both, shallow and deep equipment for vertical depths below 10,000 ft. (3,000 m), with reel capacities up to 24,000 ft. (7,200 m) for 2 3/8 inches (60.3 mm) coiled tubing. It offers coiled tubing services such as frac through coil, high rate annular fracturing, and acidizing.

Mission Well Services, LLC, Calfrac Holdings LP, Century Oilfield Services Inc., ChemErgy Ltd., Calfrac Well Services (Argentina) S.A., and GASFRAC Energy Services Inc. are some of the subsidiaries of the company.

Company Snapshot

$554.9M

Revenue

40,000

Employees

1999

Founded

Canada

Headquarters

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: 2016 was USD 554.9 Mn in 2017.
Calfrac Well Services Ltd — By Business Segment
Series (USD Mn)2017
2016554.9
20171,178
20181,742.3

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