M&A Deal Summary |
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Date | 2019-11-25 |
Target | Banded Iron Group - Laboratory & Measurement Service Business |
Sector | Test/Measurement Equipment |
Buyer(s) | SPL |
Sellers(s) | Banded Iron Group |
Deal Type | Divestiture |
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SPL is an independent provider of critical outsourced hydrocarbon measurement, analysis, and reporting services for oil and gas production and transport in the United States. The Company provides a comprehensive suite of gas and liquid laboratory tests and related field services from its network of 8 labs and 14 field service locations across the U.S. and counts leading independent and major exploration and production companies, as well as midstream operators, among its customers. SPL’s test and measurement services enable its customers to evaluate the composition of the hydrocarbons they are producing to fine-tune production from wells, market products downstream, meet regulatory reporting requirements, and ensure accurate payment of royalties to leaseholders. Southern Petroleum Laboratories was founded in 1944 and is based in Houston, Texas.
DEAL STATS | # |
---|---|
Overall | 4 of 9 |
Sector (Test/Measurement Equipment) | 2 of 2 |
Type (Divestiture) | 1 of 1 |
State (Alberta) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2019) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2019-01-28 |
Atchafalaya Measurement
Scott, Louisiana, United States Atchafalaya Measurement, Inc. is a multi-basin Oil & Gas Services company providing customized measurement systems to onshore and offshore drilling operations in many of the fastest-growing drilling regions in the United States. Atchafalaya Measurement was founded in 1982 and is based in Scott, Louisiana. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-09-27 |
Assured Flow Solutions
Sugar Land, Texas, United States Assured Flow Solutions is a multinational science and engineering company offering a custom mix of laboratory, engineering, and technology services. The company helps clients in the energy industry to measure, model, and solve even their most complex challenges to become safer, more efficient, and more profitable. Assured Flow Solutions was formed in 2012 and is based in Sugar Land, Texas. |
Buy | - |
Banded Iron Group is a production management services company offering laboratory services and field operation and management solutions to oil and gas producers across the US and in Western Canada. BIG offers over 200 unique laboratory tests, mobile testing, sample collection, meter proving and measurement solutions throughout the United States.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Test/Measurement Equipment) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Alberta) | 1 of 1 |
Country (Canada) | 1 of 1 |
Year (2019) | 1 of 1 |