Detechtion Technologies, a North America-based asset-performance management solution provider, has acquired EZ Ops, a field operations and logistics management software solutions company, according to a July 17 press release.
The acquisition plans to enhance Detechtion’s presence in field service management and complements its Fieldlink product, which serves producers and service companies in inspection, maintenance, chemical management water hauling and HSE activities.
EZ Ops’ field service management solution leverages AI-driven intelligence to prioritize field activities, maximize production and ensure compliance, the release stated.
By combining Detechtion’s oil and gas asset monitoring and optimization expertise with EZ Ops’ technology, the acquisition creates a product suite designed to maximize production and extend asset life, while reducing operating costs and improving field safety.
Following the acquisition, Brandon Ambrose, CEO and founder of EZ Ops, will serve as strategic advisor for the combined company while Chris Smith will continue as CEO of the combined company.
"We are thrilled to join the Detechtion team," Ambrose said. "As we continue to grow, we understand that a diverse set of solutions will provide greater value to our customers. Detechtion's solutions complement our offerings and together we can now offer one of the most robust solutions for the oil and gas industry."