A breach of contract lawsuit was filed by a Houston, Texas drill pipe supplier against a North Dakota company.<\/p>\n
The lawsuit was filed in the U.S. District Court for the Southern District of Texas Aug. 31 by Vallourec Drilling Products USA Inc. (Vallourec) against B.J.\u2019s Drill Stem Testing, Inc. d\/b\/a Drill Tech LLC (Drill Tech).<\/p>\n
According to the lawsuit, Drill Tech purchased 60 joints of 4-inch heavyweight drill pipe and 620 joints of 4-inch drill pipe from Vallourec. The complaint alleges that the drill pipe was delivered, but Vallourec has not received the full payment of $1,282,748.40.<\/p>\n
Vallourec claims that Drill Tech paid a deposit of $384,824.52, but failed to pay the remaining balance. According to the complaint, the parties had agreed that the pipe would be delivered \u201cEx-Works,\u201d meaning that it would be considered delivered once the seller made the goods available for pickup by the buyer. Vallourec claims that it made the (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" A breach of contract lawsuit was filed by a Houston, Texas drill pipe supplier against a North Dakota company. The lawsuit was filed in the U.S. District Court for the Southern District of Texas Aug. 31 by Vallourec Drilling Products…<\/span><\/p>\n