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Gravity Oilfield Services Inc

Company Summary

Description

Gravity Oilfield Services is a growth-oriented, Permian-focused provider of a wide range of oilfield services to U.S. onshore oil and natural gas exploration and production companies, including water logistics and infrastructure solutions, portable power generation and equipment rentals and specialty production chemicals. The Company has significant coverage density in the Permian Basin, and also benefits from a national footprint supported by facilities, operations and management personnel in several key domestic resource plays, including the Eagle Ford Shale, SCOOP/STACK, Williston Basin, DJ Basin, Marcellus Shale and Haynesville Shale, among others.

Website

https://gravityoilfieldservices.com/

Operational Regions

  • Permian Basin
  • Eagle Ford
  • SCOOP
  • Oklahoma STACK Play
  • Delaware Basin
  • Midland Basin
  • Williston Basin
  • DJ Basin
  • Marcellus Shale
  • Haynesville-Bossier Shale

Related Entities

Recent news

  • 12/10/2019 - Gravity Closes on... (subscriber access)
  • 11/8/2019 - Gravity Acquiring On... (subscriber access)
  • 3/21/2019 - Gravity Oilfield... (subscriber access)
  • 6/21/2018 - Gravity Oilfield... (subscriber access)
  • 6/13/2018 - Gravity Oilfield... (subscriber access)

Company Transactions

Date: 12/15/2019
Type: Acquisition

BUYERS:
  • Gravity Oilfield Services Inc
  • Clearlake Capital Group, L.P.
    • SELLERS:
  • On Point Oilfield Holdings
  • White Deer Energy
    • DETAILS:
    NOTES:
    Gravity, backed by Clearlake Capital, has entered into a deal to acquire On Point Oilfield Holdings from White Deer Energy. The purchase expands their produced water handling capabilities in the Midland Basin.
    REGIONS:
  • Midland Basin

    • Date: 3/21/2019
    Type: Acquisition

    BUYERS:
  • Gravity Oilfield Services Inc
  • Clearlake Capital Group, L.P.
    • SELLERS:
  • MBI Oil and Gas
    • DETAILS:
    NOTES:
    Gravity Oilfield Services, backed by Clearlake Capital Group, acquired certain water disposal infrastructure from MBI Oil & Gas to further enhance their water management solutions in the Bakken.
    REGIONS:
  • Bakken

    • Date: 6/20/2018
    Type: Acquisition

    BUYERS:
  • Gravity Oilfield Services Inc
    • SELLERS:
  • McKenzie Energy Partners, LLC
    • DETAILS:
    REGIONS:
  • Bakken