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Providing coverage of Alaska and northern Canada's oil and gas industry
August 2015

Vol. 20, No. 31 Week of August 02, 2015

Oil Patch Bits: Arctic Slope Regional Corp. announces acquisition

Arctic Slope Regional Corp. is pleased to announce the acquisitions of Arctic Pipe Inspection Inc. of Houston and Arctic Pipe Inspection Inc., collectively API. Headquartered in Houston, Texas, API was founded more than 40 years ago by Royce Roberts to provide non-destructive testing of oil country tubular goods. API currently operates facilities in Houston, Texas, and Deadhorse, Alaska, providing electromagnetic, ultrasonic, weldline and mill inspection services to oil and gas producers and service providers.

“This acquisition demonstrates ASRC’s continued commitment to the oil and gas industry,” said Rex A. Rock Sr., president and CEO of ASRC. “Over the last 40 years API has earned a reputation as a customer focused, value-added service provider. ASRC is committed to maintaining and building on API’s reputation for superior customer service, while also facilitating opportunities for growth.”

“Today is an exciting day for API and its employees,” said Royce Roberts, API founder and retiring president. “I believe the combination of ASRC’s financial support and relationships within the oil and gas industry will provide opportunities for growth and expansion of API’s services.”

Concurrent with the retirement of Royce Roberts, Jim Hildebrandt, API’s long-time vice president of operations, assumed the role of API president and general manager.






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