ShalePro Energy Services, LLC
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ShalePro Energy Services, LLC - overview
Established
2014
Location
-, PA, US
Primary Industry
Oil & Gas
About
ShalePro Energy Services, LLC is a specialized provider of energy solutions, focusing on the construction and maintenance of oil and gas production facilities, particularly in the Appalachian Basin. Founded in 2014 and headquartered in Houston, US, ShalePro Energy Services focuses on oil and gas production facilities. CEO John Snedden leads the company, which was acquired by Turning Basin Capital Partners in January 2014. ShalePro has engaged in one deal since its inception, with its most recent activity occurring in January 2014.
ShalePro Energy Services specializes in providing comprehensive energy solutions, primarily focusing on the construction, operations, and maintenance of oil and gas production facilities. The company’s core offerings include high-pressure multi-well pad hookups and low-pressure conventional well setups, along with extensive midstream services that encompass the entire lifecycle from well pad to compression stations. ShalePro’s approach enables them to manage compressor station construction and maintenance effectively, ensuring operational efficiency in the production process. Their client base predominantly includes upstream and midstream oil and gas companies operating in the Appalachian Basin and various shale plays across the United States, providing tailored solutions that meet specific industry demands.
The revenue structure of ShalePro Energy Services revolves around B2B transactions, primarily with oil and gas operators who require specialized construction and maintenance services. Transactions typically involve service agreements where clients engage ShalePro for specific projects or ongoing operational support, with payment structures based on the scope and duration of the services provided. Clients may enter into contracts for compressor station construction with defined milestones, which could trigger payment upon completion of certain project phases. Additionally, ShalePro may offer service packages or subscription models for ongoing maintenance support, allowing for predictable revenue streams while ensuring clients receive continuous service.
The pricing plans are established based on the complexity of the services rendered and the geographical markets served, ensuring competitive positioning within the energy sector. ShalePro Energy Services is planning to enhance its service offerings with new products focused on emerging technologies in oil and gas production, targeting a launch in late 2024. The company aims to expand into new markets, particularly the Permian Basin and other shale plays in the western United States, with plans to establish operations by mid-2025. The funding from the January 2014 acquisition by Turning Basin Capital Partners will support these initiatives, including the development of new service lines and infrastructure to facilitate expansion.
Current Investors
Turning Basin Capital
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Equipment and Services
Website
www.shalepro.com
Verticals
Infrastructure
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
ShalePro Energy 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | ShalePro Energy Services, LLC | - |
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