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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

  • Ranger Energy Services acquires Patriot Well Solutions

  • Ranger Energy Services acquires PerfX Wireline Services

Ranger Develops New Technology

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.

  • Ranger Energy Services acquires Patriot Well Solutions

  • Ranger Energy Services acquires PerfX Wireline Services

  • 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
  • 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
  • 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
  • CSL Capital Management merged Ranger, Bayou, and Magna into Ranger Energy Services
  • Modular natural gas processing solutions
  • Well services, decommissioning and fluid management services
  • Well services, decommissioning, wireline, fluid management services
  • Well services and swabbing services

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