Oil States International Inc is the provider of specialty products and services to oil and natural gas companies. The Company operates in active oil and natural gas producing regions, including onshore and offshore U.S., Canada, West Africa, the North Sea, South America and Southeast and Central Asia. Its customers include national oil companies, independent oil and natural gas companies, onshore and offshore drilling companies and other oilfield service companies. It operates in two principal business segments - offshore products and well site services. The offshore products segment designs and manufactures technological products for the offshore energy industry. In addition, it supplies other lower margin products and services such as fabrication and inspection services. Its products and services are used in deepwater producing regions and include flex-element technology, connector systems, high-pressure riser systems, compact valves, deepwater mooring systems, cranes, subsea pipeline products, blow-out preventer stack integration, specialty welding, cladding and machining services, offshore installation services and repair services. It has facilities that support its offshore products segment in Arlington, Houston and Lampasas, Texas; Houma, Louisiana; Oklahoma City and Tulsa, Oklahoma; Scotland; Brazil; England; Singapore; Thailand; Vietnam; and India. The market for offshore products and services depends upon development of infrastructure for offshore production activities, drilling rig refurbishments and upgrades as well as new rig and vessel construction. The products and services offered by the segment are Offshore Development and Drilling Activities; Flexible Bearings and Advanced Connection Systems; Casing and Conductor Connections and Pipe; Compact Ball Valves, Manifold System Components and Diverter Valves; Marine Winches, Mooring Systems, Cranes and other Heavy-Lift Rig Equipment; Production, Workover, Completion and Drilling Riser Systems and their related repair services; BOP Stack Assembly, Integration, Testing and Repair Services; Consumable Downhole Products; and Other Products & Services. The offshore products segment provides products and services to customers in the offshore oil and natural gas producing regions, including the Gulf of Mexico, West Africa, Azerbaijan, the North Sea, Brazil, Southeast Asia, India and Australia. The Company markets its products and services to customer base, including direct end users, engineering and design companies, prime contractors, and at times, competitors through outsourcing arrangements. Its customers are Halliburton Company, Hess Corporation and Saipem S.p.A. Its competitors include Cameron International Corporation, FMC Technologies, Inc., Dril-Quip, Inc., National Oilwell Varco, Inc., GE Oil & Gas and Liebherr Cranes, Inc. The well site services segment includes a products and services that are used to drill for, establish and maintain the flow of oil and natural gas from a well throughout its life cycle. In this segment, its operations include completion-focused equipment and services as well as land drilling services. It uses its fleet of completion tools and drilling rigs to serve customers at well sites and project development locations. Its products and services are used both in onshore and offshore applications throughout the drilling, completion and production phases of a well's life cycle. The segment provides drilling services and completion services.
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