M&A Deal Summary

Terra Oilfield Services Acquires Delaware Basin Water Sources

On May 10, 2017, Terra Oilfield Services acquired utilities company Delaware Basin Water Sources

Acquisition Highlights
  • This is Terra Oilfield Services’ 1st transaction in the Utilities sector.
  • This is Terra Oilfield Services’ 1st transaction in the United States.
  • This is Terra Oilfield Services’ 1st transaction in Delaware.

M&A Deal Summary

Date 2017-05-10
Target Delaware Basin Water Sources
Sector Utilities
Buyer(s) Terra Oilfield Services
Deal Type Add-on Acquisition

Target

Delaware Basin Water Sources

Delaware, United States
Delaware Basin Water Sources comprises water production rights and related infrastructure, including existing water wells and pits, in the Delaware Basin of west Texas.

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Buyer(S) 1

Buyer

Terra Oilfield Services

Conroe, Texas, United States

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Terra Oilfield Services provides critical water transfer, treatment, and fluids management services to the oil and gas industry primarily during the drilling and completion phases. Terra Oilfield Services is based in Conroe, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1