ALS acquires well and industrial monitoring provider

ALS Oil & Gas, a new international oilfield services company formed through the acquisition of Reservoir Group by ALS Ltd. in 2013, has acquired BMP Enterprises, a North American completions services provider.

Feb 25th, 2014

Offshore staff

HOUSTON – ALS Oil & Gas, a new international oilfield services company formed through the acquisition of Reservoir Group by ALS Ltd. in 2013, has acquired BMP Enterprises, a North American completions services provider. The acquisition of BMP further enhances ALS’ ability to service the upstream oil and gas industry with technical services across all major geographies.

BMP offers turnkey monitoring solutions for the downhole oil and gas, downstream, industrial, and pipeline monitoring markets. The company designs, plans, and installs monitoring solutions using memory tools, permanent tools, and fiber-optic acoustic and temperature monitoring.

The acquisition of this service capability adds to ALS Oil & Gas’ Specialist Well Monitoring division’s technical and product expertise. With this combination, ALS Oil & Gas now has a monitoring capability to present end-to-end solutions to clients, and the company is continuing its focus on evolving new and improved monitoring solutions.

Omega Well Monitoring, the brand under which BMP’s services will now trade, has a customer base in Canada, Europe, Africa, China, Australia, and the Middle East. It is expected that BMP will contribute approximately $10 million in revenue to ALS in the next year.

02/25/2014

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