Dallas-based Gulf Coast Western has announced that it has formed a subsidiary to provide a full suite of well completion and operational safety services to the oil and gas industry. Gulf Coast Western Energy Services, also headquartered in Dallas, provides oilfield spill and frac tank containment systems, water transfer, flow back water recovery services, well clean up services, onsite Cold Clean equipment cleaning services and high pressure pipe restraints.
Gulf Coast Western Energy Services was formed through the acquisitions of Midland, Texas-based Frac Restraints LLC in late 2014 and Weatherford, Texas -based CND Energy Services in early 2015. The combined operations of these companies has positioned Gulf Coast Western Energy Services as a provider of well completion and safety services with a focus on the prolific resource play development areas in South and West Texas and the Marcellus and Utica Shale fields in Pennsylvania. Additionally, Gulf Coast Western Energy Services has facilities in Midland, San Angelo and Pittsburgh, PA to service operations.
“We are excited with the potential for growth in this sector of the oil and gas industry, we believe that the pullback from low commodity pricing has provided well capitalized companies like ours with the ability to take advantage of acquisition and pricing opportunities,” said Matthew H. Fleeger, Gulf Coast Western CEO.
“Combining the established operations of Frac Restraints and CND Energy Services with the depth of industry knowledge and the financial resources of Gulf Coast Western has allowed us to expand our services and strengthen our position as a strong regional player in the industry,” said Stephen Claybourn, Gulf Coast Western Energy Services President .
Image: Logo/Gulf Coast Western