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| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Energy Services and Equipment |
| Employees | 1,100 |
| Revenue | 1.3B USD (2022) |
ProPetro is an oilfield services company that provides hydraulic fracturing and other complementary services to upstream oil and gas companies engaged in the exploration and production, or E&P, of North American unconventional oil and natural gas resources. The Company's operations are primarily focused in the Permian Basin, where ProPetro has cultivated longstanding customer relationships with some of the region's most active and well-capitalized E&P companies, including Callon Petroleum, Diamondback Energy, Parsley Energy, Pioneer Natural Resources, Surge Energy and XTO Energy. ProPetro was founded in 2005 and is based in Midland, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Energy Services and Equipment) | 3 of 3 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (New Mexico) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-01 |
Silvertip Completion Services
Midland, Texas, United States Silvertip Completion Services is an oilfield services company that owns and operates 23 wireline units and a best-in-class pump-down fleet. Silvertip has deep data collection capabilities, a culture of data-driven decision-making, and an established track record of safety, providing operators with efficient wireline and pump-down services including logging, perforating, and pressure control. Silvertip Completion Services was founded in 2017 and is based in Midland, Texas. |
Buy | $150M |
