McKenzie Energy Partners has been acquired by Gravity Oilfield Services
McKenzie Energy Partners, LLC (“McKenzie”)
McKenzie has designed and developed a premier midstream produced water gathering and disposal business in the heart of the Bakken Shale formation. Through its portfolio of four (4) produced water gathering systems (PWGS) that include an aggregate of 34 miles of new pipeline infrastructure, five (5) owned saltwater disposal wells (SWD), a freshwater delivery system, and three (3) third-party SWDs, McKenzie provides an environmentally-conscious and cost-efficient disposal solution.
Gravity Oilfield Services Inc. (“Gravity”)
Gravity 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. Gravity 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.
PPHB, LP (“PPHB”)
PPHB is an independent investment banking firm providing financial advisory services exclusively to clients in the oilfield equipment and service industry.