Based in Houston with an office in Beijing, PacWest employs 23 people.
The assets include inventory, the rights to manufacture and sell HE fishing tools and certain intellectual property.
Houston-based Exterran Holdings will be a pure-play U.S. compression services business.
With the WestWater acquisition, OWL has 27 oilfield water facilities in operation or development and an extensive network of water pipelines and surface use agreements.
Both companies serve the Western Canadian Sedimentary Basin.
The assets are expected to add more than $6 million in annual revenue potential.
FTSI’s wireline capacity will increase more than tenfold, and service will be extended to all locations where the company currently offers hydraulic fracturing services, including the Permian Basin; Eagle Ford, Marcellus, Utica and Haynesville shales; and various mid-continent plays.
Express Energy Services offers oilfield services in every major hydrocarbon basin in the U.S.
The acquired facilities are located in the Midland Basin of West Texas in Reagan and Upton counties.
The acquisition boosts the Watford City, N.D.-based company’s total freshwater sources to more than 150 locations.
The acquisition included 148,250 hp of hydraulic fracturing equipment.
The western Permian Basin will be served by a crude oil terminal, the company said.
|S&S||USD 34600||Members only||Baker Hughes Inc.|
|E&P||USD 251||Members only||Double Eagle Energy Holdings LLC|
|Mid||USD 1075||Members only||Occidental Petroleum Corp.|
|E&P||CAD 699||Members only||Range Royalty LP|