Iron Oak Energy Solutions LLC has acquired High Roller Sand to enhance its production capacity and supply capabilities in the growing proppant market of the Permian Basin.

Target Information

Iron Oak Energy Solutions LLC (“Iron Oak Energy”) is a prominent, diversified proppant supplier located in North America. Recently, Iron Oak Energy has completed the acquisition of High Roller Sand (“High Roller”), a company recognized for its low-cost, high-quality proppant production. High Roller operates a state-of-the-art facility situated in Winkler County, Texas, which is part of one of the most significant sand reserve deposits within the Permian Basin. This acquisition bolsters Iron Oak Energy's production capacity, allowing it to manage an annual output of 34 million tons, including over 20 million tons specifically sourced from the Permian Basin.

The High Roller facility has a production capability of up to four million tons of proppant annually, which serves oil and gas operators throughout the region, especially the Midland and Delaware Basins. The acquisition of High Roller is strategic in expanding Iron Oak Energy's operational footprint, as it significantly enhances the company’s ability to meet the burgeoning demand for proppants driven by industry trends in drilling and extraction.

Industry Overview

The proppant industry in the United States is witnessing a remarkable surge in demand, particularly within the oil and gas sector. The Permian Basin is renowned for its rich oil reserves and has been central to the country's energy production. Over half of the U.S. proppant demand eman