Nabors Announces Sale of Quail Tools to Superior Energy Services for $600 Million

Nabors Surges on $600 Million Sale of Drill Pipe Rental Unit

Shares of Nabors Industries Ltd., one of the world’s biggest suppliers of land drilling rigs, jumped by the most in more than five months after announcing it was selling its drill pipe rental business Quail Tools, LLC to Superior Energy Services, Inc. for $600 million plus adjustments.

Superior Energy Services Announces Acquisition of Quail Tools from Nabors, Nearly Doubling Tubular Inventory and Expanding Global Reach

HOUSTON, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Superior Energy Services announces the acquisition of Quail Tools, a leading provider of premium tubular rentals in the U.S. land market, from Nabors Industries. This strategic transaction significantly expands Superior’s presence in the U.S. market, enhancing its scale and capabilities. It also strengthens the company’s ability to deliver efficient, cost-effective services to customers worldwide. With …

Nabors Announces Sale of Quail Tools to Superior Energy Services for $600 Million

Transaction Reduces Nabors Net Debt by More Than 25%

Superior Buys Nabors’ Quail Tools Subsidiary for $600MM

Superior Energy Services will nearly double its tubular inventory with the purchase of Nabors Industries subsidiary Quail Tools, just months after acquiring drilling services company Parker Wellbore.