One X Takes Bold Step Forward with Strategic United Energy Deal
One X Takes Bold Step Forward with Acquisition
One X, a leading provider of completions hardware and performance-based solutions, has made a significant move by acquiring United Energy Partners. This strategic acquisition highlights One X's commitment to becoming the premier field partner for high-efficiency and low-maintenance service-less valve systems across the nation.
Strengthening Market Position
With the integration of United Energy Partners, One X now claims the top position as the provider of Bestway service-less valve technology in the Rockies. This advancement not only solidifies One X's standing in the market but also enhances its operational capacity, broadening its reach and support capabilities for operators in vital regions.
Impact on Operations
James Stewart, CEO of One X, emphasized the transformative nature of this acquisition, stating, "This acquisition changes the game. It instantly scales our ability to support customers with proven, field-trusted service-less technology." This strategic decision allows One X to control the largest inventory of Bestway service-less valves, reinforcing its leadership across the Rockies, the Permian Basin, and beyond.
Advantages of Service-less Valve Technology
The introduction of service-less valve technology presents several benefits such as quicker completions and reduced exposure to risks. This innovative technology eliminates the need for greasing and manual interventions while enabling wider deployments and direct integration for real-time control. One X's approach enhances operational uptime, reduces maintenance risks, and seamlessly fits with large-scale strategies including simul-frac and trimul-frac operations.
Enhancing Collaboration and Performance
One X’s core message, “The Partnership with One X,” illustrates the company's dedication to safety and performance, which is vital to its identity. This acquisition emphasizes One X's pioneering role in service-less valve technology and its potential impact on modern well completions.
Remaining Committed to Innovation
One X operates with a focus on delivering high-performance technology and field services throughout major shale basins in the U.S. Their innovative techniques, combined with a disciplined work ethic and a steadfast commitment to safety, allow One X to partner effectively with operators, minimizing risks and optimizing operations for comprehensive, high-efficiency completions.
Contact Information
For additional questions or media inquiries, Kevin Courser, Chief Marketing Officer at Upright Digital, can be reached for further information. One X remains committed to sharing insights into their operations and innovations in the valve technology sector.
Frequently Asked Questions
What did One X acquire?
One X acquired United Energy Partners to enhance its capabilities in service-less valve technology.
How will this acquisition impact One X?
The acquisition will strengthen One X's market position and expand its operational capacity.
What are the benefits of service-less valve technology?
This technology allows for quicker completions, reduced maintenance needs, and improved safety in operations.
Who is the CEO of One X?
James Stewart is the CEO of One X and has expressed the significant impact of this acquisition.
Where does One X operate?
One X provides services across major U.S. shale basins, focusing on innovative completions technology.
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