SIMMONS EDECO is a Canadian company that began operating as a drilling contractor in 1962, Throughout its existence, SIMMONS EDECO has evolved through organic growth and strategic acquisition and divestiture to become the dynamic international oilfield service provider that it is today.
The Early Days in Canada
In its early days, Simmons Drilling Ltd. drilled wells primarily in Saskatchewan and Alberta, Canada. The company quickly expanded its capabilities and product offerings to better serve the oil and gas industry. Its portfolio featured seismic, salt cavern engineering, drilling equipment manufacturing, as well as operating a gas transmission pipeline to serve oil sands plants throughout Northern Alberta.
By the late 1970’s, the drilling specialist began pursuing international opportunities. Since landing its first international contract in Indonesia in 1983, Simmons continued to diversify, working in many international markets.
In 1991, Simmons acquired Indonesian drilling contractor PT Mutiara Biru Perkasa Just five years later, the company began operating in Eastern Europe with Anglo Albanian Petroleum – a consortium of British and German interests, the Albania National Oil company and the World Bank — to perform shallow-well remedial services. Operations in Albania continued for 12 years until 2018 when the company sold the Albania branch to AlbDrilling of Albania.
Ramping up in the UK
To further expand its operational footprint in Europe, the Simmons Group acquired Kenting Drilling, parent company of Edeco Petroleum Services Limited, in the UK.
Edeco’s oilfield activities date back to 1972 when Kenting, a member of the Trimac Group of Canada, made the strategic decision to move a rig to the UK to drill exploration wells. The enterprise grew, and eventually became very active in coal exploration for the National Coal Board during the late 1970s to the mid-1980s. This activity, combined with an increasing interest in onshore exploration and development of oil and gas resources in the UK, provided steady growth throughout this period to1996 when the Simmons Group acquired Kenting’s assets, including Edeco Petroleum.
In 2018, SIMMONS EDECO made the decision to focus its activities exclusively in Latin America and sold off the European divisions. Today, SIMMONS EDECO’s core business remains focused upon its specialization, namely onshore drilling and workover and completion services for the oil, gas, geothermal, and geoscientific markets.