Ranger Energy to acquire American Well Services, expanding Permian footprint
November 10, 2025
(World Oil) – Ranger Energy Services, Inc. announced an agreement to acquire American Well Services (AWS) from Argonaut Private Equity in a transaction valued at approximately $90.5 million, expanding Ranger’s well-servicing scale by roughly 25% and positioning it as the largest well services provider in the Lower 48. The acquisition strengthens Ranger’s presence in the Permian Basin, adds complementary service lines,
