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.
Now the company owns 16 saltwater disposal wells and a water pipeline network.
Private-equity firm Intervale Capital backed Team, the company added.
The deal's dollar amount is roughly 45 million British pounds.
Sulzer 'is engaged in non-exclusive discussions with Dresser-Rand regarding a potential transaction.'
PFR operates its rental and fishing tool business from locations in Woodward, Okla., and Pampa and Springtown, Texas.
Tank Partners Holdings LLC, an affiliate of New York-based Empeiria Capital Partners LLC, completed the acquisitions.
Black Pearl installs liners and has introduced floating evaporation covers for fresh water frack pits.
ECM will focus exclusively on its water and traffic logistics division and continue to provide service to in the Marcellus and Utica.
|E&P||USD 5375||Members only||Chesapeake Energy Corp.|
|Mid||USD 2500||Members only||QEP Resources Inc.|
|S&S||USD 225||Members only||CRS Proppants LLC|
|Mid||USD 470||Members only||Costar Midstream LLC|