PRO Oil & Gas Services LLC
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PRO Oil & Gas Services LLC - overview
Established
2011
Location
Houston, TX, US
Primary Industry
Oil & Gas
About
PRO Oil & Gas Services LLC specializes in providing advanced solutions for sand management and production equipment tailored to the oil and gas sector, enhancing operational efficiency and safety in challenging environments. Founded in 2011 and headquartered in Houston, US, PRO Oil & Gas Services LLC focuses on delivering innovative solutions in the oil and gas industry. The company has engaged in 2 deals, with the most recent being a Buyout round in June 2017, where OFS Energy Fund invested USD 44. 30 mn, bringing the total amount raised to USD 44.
30 mn. PRO Oil & Gas Services LLC specializes in advanced sand management and production equipment fabrication, delivering innovative solutions to optimize operations in the oil and gas sector. The company’s flagship products include the Sahara Sand Cyclone family, which boasts over 97% sand capture efficiency and is designed for use in high-flow, high-pressure well environments. Additionally, the SmartSahara system provides real-time sand quantification and monitoring, enhancing decision-making for blowdown operations.
The eFlowback technology offers autonomous flowback and sand management capabilities, streamlining processes and improving safety through remote monitoring and control. These products serve a diverse client base, particularly operators of high-producing wells in North America and regions with significant shale oil and gas reserves, focusing on maximizing wellsite productivity while minimizing operational costs and equipment footprint. PRO Oil & Gas Services LLC generates revenue primarily through the sale and leasing of its specialized sand management and production equipment, as well as through service agreements for ongoing operational support. Clients engage in business transactions typically through direct B2B contracts encompassing both equipment provision and operational services.
The company structures its pricing around customized packages that include flagship products like the Sahara Advanced Sand Cyclone and eFlowback technology, tailored to meet specific client needs. This enhances the overall return on investment for customers by optimizing equipment utilization and reducing unnecessary expenditures. Additionally, the services may involve post-well analysis and performance insights, reinforcing long-term partnerships with clients in the oil and gas industry. PRO Oil & Gas Services LLC is focused on developing new products that enhance its offerings in sand management.
The company aims to expand into new geographic markets, specifically targeting regions with significant oil and gas reserves. Recent funding from the Buyout on June 27, 2017, will support these initiatives, allowing PRO Oil & Gas Services LLC to enhance its product development and expand its market reach.
Current Investors
Amberjack Capital Partners, OFS Energy Fund
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services, Petrochemicals
Website
www.proosllc.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
PRO Oil & Gas Services LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Whitetail Well Testing LLC | - | ||||||||
| Add-on | Completed | Elite Production Services, LLC | - | ||||||||
| Recapitalisation | Completed | PRO Oil & Gas Services LLC | - | ||||||||
| Buyout | Completed | PRO Oil & Gas Services LLC | - |
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