# Applied Physics Systems acquires MWD assets of Koltek Energy Services

Applied Physics Systems acquired all Measurement While Drilling (MWD) assets of Koltek Energy Services, including a facility in Casper, Wyoming. Koltek will discontinue MWD services.

- Type: Acquisition
- Announced: 2022-12-01
- Where: Casper, Wyoming, United States
- Status: completed
- Products: measurement while drilling (MWD) systems
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Applied Physics Systems](https://endata.com/companies/66998.md) (acquirer)
- [Koltek Energy Services](https://endata.com/companies/66999.md) (target)

## Sources

- [energynow.com](https://energynow.com/2022/12/applied-physics-systems-is-pleased-to-announce-acquisition-of-koltek-energy-services-measure-while-drilling-mwd-assets/), 2022-12-01: "Applied Physics Systems and Koltek, Inc. are pleased to announce they have entered into a definitive purchase agreement in which Applied Physics Systems will acquire all Measurement While Drilling (MWD) assets of Koltek Energy Services."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.