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Liberty Oilfield Services

Company Summary

Description

Liberty Oilfield Services was founded in 2011 with a relentless focus on improving tight-oil completions. Liberty has a unique culture that has resulted in differential performance for our customers, far better safety performance and far lower employee turnover than industry averages. Liberty has a heavy focus on customer partnerships and technology to find innovative answers to frac optimization for each area of each basin. Liberty's frac innovations in the Bakken, often called the Liberty "Signature" design, changed the way most wells are completed today in North Dakota. The company is committed to working with our new clients in the Permian and Eagle Ford basins on frac optimization. Liberty is a privately held company with headquarters in Denver, Colorado.

Website

http://www.prnewswire.com/news-releases/liberty-an...

Recent news

  • 2/9/2021 - Riverstone Offering... (subscriber access)
  • 2/5/2021 - Liberty Oilfield... (subscriber access)
  • 9/1/2020 - Schlumberger... (subscriber access)
  • 7/9/2019 - Liberty OIlfield... (subscriber access)
  • 2/6/2019 - Liberty Oilfield... (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

BUYERS:
  • Liberty Oilfield Services
    • SELLERS:
  • Schlumberger Limited
    • DETAILS:
    NOTES:
    Schlumberger reached a deal to contribute the Canadian and US hydraulic fracturing business to Liberty Oilfield Services in exchange for a 37% equity interest in the company. The deal includes OneStim in Canada, along with the pressure pumping, pumpdown perforating, and Permian frac sand businesses. Closing is planned for the fourth quarter of 2020.
    REGIONS:
  • North America

    • Date: 6/14/2016
    Type: Acquisition

    BUYERS:
  • Liberty Oilfield Services
    • SELLERS:
  • Sanjel Corp
    • DETAILS:
    NOTES:
    Acquired 500,000 HP in Hyd-fracturing capacity
    REGIONS:
  • United States