Celebrating 20 Years—1997-2017
C&J was founded by Josh Comstock (1969-2016) in Robstown, Texas, in 1997, as a one-truck pumping operation. Under his leadership, C&J grew rapidly from that small pressure pumping business working in South Texas, into one of the largest, most respected and diversified completion and production services companies in the North American onshore oilfield services industry, with operations in all of the major oil and gas producing regions of the continental United States and Western Canada.
As we celebrate 20 years of service excellence, our 20th year in business and share highlights from our past, we look forward to the next 20 years and continuing to develop emerging technologies to help our clients meet the ongoing challenges of the industry.
- Introduced stand-alone pumping services.
- Introduced coiled tubing service.
- Introduced fracturing services to answer the need from operators in the major shale basins.
- Completed initial public offering on the New York Stock Exchange under the ticker symbol CJES.
- Acquired manufacturing capability with the acquisition of Total Equipment and Service in Granbury, Texas.
- Moved corporate offices to Houston.
- Acquired Casedhole Solutions, allowing C&J to introduce wireline services.
- Opened Research & Technology Center in Houston.
- Acquired instrumentation provider, Mobile Data Technologies (MDT).
- Acquired Tiger Wireline, expanding wireline services and geographic footprint into California.
- Combined with Nabors Completion and Production Services, which included acquisition of fluids management provider, KVS Transportation, greatly expanding C&J’s capabilities.
- Acquired artificial lift systems and completions special equipment manufacturer, ESP Completion Technologies.
- Founder, Josh Comstock, passed away.
- New leadership, including Don Gawick, President and CEO, were appointed.
- Successfully consummated financial restructuring, emerging from Chapter 11 proceeding debt-free, with a strong financial foundation.
- Completed reorganized Company’s initial public offering, raising approximately $216.2 million of net proceeds, providing financial flexibility to strategically accelerate growth objectives.
- Relisted on the New York Stock Exchange under the ticker "CJ" following emergence from Chapter 11.