Houston, TX – July 2021 – Select Energy Services, Inc. (NYSE:WTTR) (“Select”) announced that it has acquired Complete Energy Services, Inc. (“Complete”), an operating subsidiary of Superior Energy Services, Inc. (“Superior”). The acquisition will help Select strengthen its geographic footprint, grow its water infrastructure portfolio and further diversify the company’s revenue to be more production driven.
Complete is a leading provider of completion and production-related water solutions, including water transfer, flowback and well testing, water heating, containment, fluids handling, produced water gathering and disposal solutions across the United States, including the Permian, Mid-Continent, DJ and Powder River Basins and the Marcellus and Utica Shales.
“I am excited to expand Select’s world-class water-related services and infrastructure footprint through this consolidation opportunity,” says John Schmitz, Select’s Chairman, President, and CEO. “We look forward to working with the Complete team to realize all of the benefits of this acquisition and its diversified portfolio of assets for our shareholders, customers, employees and other partners.”
About Select Energy Services, Inc.
Select Energy Services is a leading provider of sustainable full life cycle water and chemical solutions to the unconventional oil and gas industry in the United States. Select provides for the sourcing and transfer of water prior to its use in the drilling and completion activities associated with hydraulic fracturing, as well as complementary water-related services that support oil and gas well completion and production activities. For more information, please visit Select’s website, www.selectenergy.com.