Select Energy Services has acquired The Western Company of Texas Inc., enhancing its service offerings in the oil and gas sector.

Target Company Information

The Western Company of Texas Inc., commonly referred to as Western, is located in Fort Worth, Texas, and is recognized as a premier provider of high-capacity overland water transfer services specifically for the domestic oil and gas exploration and production sectors. Established in 2001 by Dale and Linda Behan, Western has demonstrated significant growth to become one of the largest water transfer companies serving the oil and gas industry. The Company predominantly operates within major shale regions including the Bakken, Barnett, Eagle Ford, Granite Wash, and Haynesville.

Industry Overview

The oil and gas industry in Texas, a leader in energy production in the United States, is characterized by its robust exploration and production activities, particularly in shale formations. The state's geological diversity provides a fertile ground for oil and gas extraction, making it a focal point for energy companies and service providers alike. In recent years, advancements in technology have enhanced extraction techniques, leading to increased production rates and efficiency.

Moreover, water management services within this sector have become critically important due to the high-water demand associated with hydraulic fracturing and drilling operations. Texas