KLX Energy Services Enters Coiled Tubing Market With Motley Acquisition
Motley Services is a provider of well completion services in the southwestern region of the U.S. with headquarters in the heart of the Permian Basin in Odessa, Texas. The company is primarily focused on providing high-quality large diameter coiled tubing services specializing in complex, longer lateral horizontal wells, in addition to wireline and thru-tubing services.
The acquisition of Motley will add large diameter coiled tubing services initially into KLX’s Southwest region, but the Wellington, Fla.-based company plans to eventually roll it out to the rest of its geographic regions, said Amin J. Khoury, the company’s chairman, CEO and president.