United States, Sept. 24 -- Archer Limited ("Archer") has entered into an agreement to acquire Premium Oilfield Services, LLC ("Premium"), a well-established US well service provider within fishing and P&A related services. Premium has a first-class workforce with an excellent service reputation with major operators. Archer and Premium's complimentary client base represents more than 80% of the estimated $15 billion spend in deepwater P&A and decommissioning in the Gulf of America up to 2040.The acquisition will enable meaningful direct cost and capex synergies. Most notably, Archer will acquire a broad portfolio of well-maintained fishing equipment with an estimated replacement value of $35-40 million, which will give material third party r...