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BOOTS&COOTS/INT W, (WEL) Stock Research Free Stock Rating
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Boots & Coots International Well Control, Inc. operates as an oil and gas service company that specializes in responding to and controlling oil and gas well emergencies, including blowouts and well fires. The company provides lead contracting and risk management services, under loss scenarios to the program's insured clients. Additionally, it provides pre-event prevention and risk mitigation services. The company also provides risk well control management services; and pre-event planning, training, and consulting services. In addition, it also provides engineering services, including planning and design of relief well drilling (trajectory planning, directional control and equipment specifications, and on-site supervision of the drilling operations); planning and design of production facilities; and mechanical and computer aided designs for well control equipment.. The company operates in two segments, Prevention and Response. The Prevention segment consists of nonevent services that are designed to reduce the number and severity of well events to oil and gas operators. These services include training, contingency planning, and well plan reviews. Response segment consists of personnel and equipment services that are provided during an emergency, such as well event or a hazardous material response. It markets its products and services primarily in the United States. The company has strategic alliance with Halliburton Energy Services division of Halliburton Company. Boots & Coots International Well Control was incorporated in 1988 and has its principal executive offices in Houston, Texas.
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