News Releases

Houston, TX – April 2025 — Wellbore Integrity Solutions Recognized for Safety Excellence with 2025 Platinum Workforce Safety Seal

April 28, 2026

Wellbore Integrity Solutions has been awarded the 2025 Workforce Safety Seal of Recognition – Platinum Level by Vector Solutions, marking the highest distinction in the program and underscoring the company’s continued leadership in workplace safety, compliance, and operational excellence. The Workforce Safety Seal of Recognition honors organizations that demonstrate exceptional use of safety training and … Read more

Wellbore Integrity Solutions Has Successfully Secured a $125 Million Nordic Bond Financing with a Total Framework of $200 Million

October 9, 2025October 9, 2025

Houston, TX, October 09, 2025 — Wellbore Integrity Solutions (“WIS”, or the “Company”) is pleased to announce the successful completion of a four-year, $125 million Nordic Bond placement maturing in October 2029. The transaction attracted strong interest from institutional investors across the United Kingdom, the United States, Canada, Nordics, and Central Europe. Proceeds from the … Read more

News Release – CEO Ed Boufarah Featured on World Oil Deep Dive Podcast

June 24, 2025June 24, 2025

NEWS RELEASE HOUSTON, TEXAS, June 24, 2025 – Wellbore Integrity Solutions (WIS) is pleased to announce that Chief Executive Officer, Ed Boufarah, is featured in the latest episode of the World Oil Deep Dive podcast, a respected platform highlighting executive perspectives and industry innovation across the global energy sector. This episode highlights WIS’s continued momentum as … Read more

News Release – Wellbore Integrity Solutions Announces Leadership Transition

September 27, 2023July 5, 2022

NEWS RELEASE HOUSTON, TEXAS, July 5, 2022 – Wellbore Integrity Solutions (WIS) today announced the transition of its leadership. Ed J. Boufarah takes the reins effective July 5th as Chief Executive Officer from the company’s founding Chief Executive Officer David MacNeill. “We would like to thank Dave for his tireless efforts over the past four years establishing … Read more

News Release – Wellbore Integrity Solutions Announces the Restoration of the Red Baron® Brand Name

June 3, 2025August 17, 2021

HOUSTON, August 17, 2021 (GLOBE NEWSWIRE) – Wellbore Integrity Solutions (WIS) today announced that it is bringing back the Red Baron® brand name for its Fishing and Remedial product line. The Red Baron brand name has a strong reputation for knowledge, performance, quality, and a responsive commitment to customers. The reintroduction of Red Baron reflects the … Read more

News Release – Wellbore Integrity Solutions Introduces TruEdge*, Next Generation Milling and Cutting Structure

September 27, 2023May 20, 2021

HOUSTON, May 20, 2021 (GLOBE NEWSWIRE) – Wellbore Integrity Solutions (WIS) announced today the release of its TruEdge milling and cutting structure. The TruEdge provides an innovative, cost-saving solution for Well Abandonment and Slot Recovery applications. “We chose to retain ’Edge‘ to highlight a technology progression from our current ’WavEdge‘ design,” said David MacNeill, President … Read more

Wellbore Integrity Solutions and Well-SENSE Technology UK Ltd Announce Business Cooperation Agreement for the Provision of Fiberline (FLI) Intervention Tools and Services

January 6, 2023March 31, 2021

March 2021 – Wellbore Integrity Solutions (WIS) and Well-SENSE Technology UK Ltd jointly announce a business cooperation agreement for the provision of Fiberline (FLI) Intervention Tools and Services. “FLI Technology from Well-SENSE is truly a game-changing technology and we are excited to be a partner in the growth of this service globally”, stated David MacNeill, … Read more

Wellbore Integrity Solutions Introduces ProMILL Duo, Dual Casing Section Milling System

January 9, 2023November 12, 2020

HOUSTON – November 12, 2020 – Wellbore Integrity Solutions (WIS) announced today the release of the ProMILL Duo, Dual Section Milling System. The ProMILL Duo provides an innovative, cost-saving solution for Well Abandonment applications, where the integrity of the abandonment zone requires the efficient creation of a milled section in two casing sizes. “As the … Read more

Wellbore Integrity Solutions, a portfolio company of Rhône Capital, announces closing of the acquisition of Fishing and Remedial, DRILCO, and Thomas Tools from Schlumberger

January 9, 2023January 2, 2020

HOUSTON – January 2, 2020 – Wellbore Integrity Solutions (WIS), a portfolio company affiliated with private equity firm Rhône Capital, today announced that WIS has completed the acquisition of businesses and associated assets of Fishing & Remedial, DRILCO, and Thomas Tools from Schlumberger. As part of the initial closing, WIS acquired businesses and assets in … Read more