Stabilis Energy, LLC produces and supplies liquefied natural gas (LNG) to the oilfield sector in North America. It offers LNG fuel for high-horsepower equipment that drives drilling and fracturing operations; and fuel solutions to industrial users of diesel and other crude-based fuel products. The company also provides delivery and logistics, ongoing field support and service, and cryogenic equipment rental services. It also serves other end markets, including mining, rail, over-the-road transportation, marine, and other general industrial markets. Stabilis Energy, LLC is headquartered in Beaumont, Texas.
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Stabilis has formed a joint venture with CryoMex Investment Group to pursue distributed natural gas production and distribution assets throughout Mexico. The JV will operate as Energía Superior Gas Natural LLC and invest into LNG and CNG transport, storage and regasification assets to serve end markets in Mexico.
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Stabilis Energy has completed the acquisition of a majority interest in Prometheus Energy. The acquisition combines two of the leading liquefied natural gas production and distribution companies to form a full-service LNG provider capable of delivering LNG to customers in any end market and location in North America. Terms of the transaction were not disclosed.