Stuart Hosts Open House, September 7th & 8th, to Present Latest Green Completion Equipment.
Stuart Pressure Control, a leading unconventional oil and gas services company, announced today that it host an Open House at its new Operations Center in Pleasanton, TX on September 7th & 8th. The event will take place against a backdrop of the company’s new Operations Center, where the latest in flowback green completion equipment will be presented. Green completions provide environmental and economic benefits to oil and gas operators while helping to reduce methane and other emissions. Stuart will also be highlighting WLPC, FracStack and Well Testing Services at the open house event.
“Our customers are our lifeblood, so in addition to showing them our latest green completion equipment and our new Operations Center, we want to thank them for their ongoing loyalty,” stated CEO Joe Compofelice. “Over the last two years, unlike other companies in the industry, Stuart has seen increased business through internal growth and strategic acquisitions. We are focusing on growing opportunities throughout the industry and across the nation.”
The Customer Open House will be held on September 7th & 8th, 2016 from 9:00-5:00. A complimentary lunch will be served in an air-conditioned tent between 11:30 and 1:00 each day; there will be door prizes as well. To RSVP, email [email protected] or call 713/678-0154. The press is also invited and is asked to RSVP at the same number.
The address for the event is: Stuart Pressure Control, 944 Humble Camp Road, Pleasanton, TX 78064. Google Map
To be added to the Stuart email list, please email [email protected].
About Stuart Pressure Control
Stuart Pressure Control has been a customer-focused business serving the industry since 1977 and providing customers with a complete pressure control package for unconventional oil and gas development. Stuart’s customers benefit from the cost savings associated with purchasing complete pressure control services from one vendor, as well as from their safer, more efficient well site environments. Stuart is a portfolio company of White Deer Energy LP, a $2.5 billion private equity firm dedicated to energy investing.
Stuart Announces Acquisition of PWR and The Frac Assets of Boots & Coots.
Stuart Pressure Control (“Stuart”) is pleased to announce that effective March 25, 2016, it has completed the acquisition of all of the assets of the Professional Wireline Rentals business (“PWR”) and the Pressure Control Rental equipment portion of the Boots & Coots business, from Halliburton. In addition, in order to ensure continuity of service and a smooth transition for the current customers of these businesses, Stuart has retained the majority of the employees associated with these assets and as well as the key management team members currently responsible for running these business units. A number of key facilities were also acquired in this transaction in order to continue to have close proximity to the customers that these businesses serve.
The acquisition includes the following equipment and related service capabilities: PWR Wireline Pressure Control Equipment (complete lubricator packages and wireline bop’s), Frac Stack and Zipper Manifolds, Flow Back equipment, valves and the related ancillary equipment and parts.
Joseph Compofelice, Chairman and CEO of Stuart, commented that “This acquisition significantly improves Stuart’s ability to offer its customers a full pressure control package for unconventional oil and gas development including: frack stacks and zipper manifolds, complete wireline lubricator packages, BOP’s for coil tubing, hydraulic choke packages, flow back and well testing services. We believe that under all market conditions, but especially the current low commodity price environment, our customer can benefit from the cost savings associated with a complete pressure control bundle from one vendor along with a safer more efficient well site environment.”
Stuart Pressure Control is a portfolio company of White Deer Energy LP, a $2.5 billion private equity firm dedicated to energy investing. For more information please contact Joseph Compofelice at [email protected]
Stuart Pressure Control
10077 Grogan’s Mill Rd.
The Woodlands, Texas 77380