Greenwell Energy Solutions acquires Exclusive Energy Services

HOUSTON -- Greenwell Energy Solutions, an independent specialty provider of completion and production services, has acquired Exclusive Energy Services. Exclusive provides highly automated, Data Acquisition System (DAS) mixing plants that enable optimal chemical mixing and delivery for coil tubing, work-over and frac jobs.

"We're combining Exclusive's DAS mixing plants with our chemical portfolio to bring down costs for customers," said James Kiser, president, Greenwell. "The DAS systems more accurately dose specialty chemicals, using the right quantities, at the right time. And we test well fluids in our in-house laboratory so we know ahead of time the most effective chemicals to use. Customers use lower chemical volumes, more effective chemicals and have quality data to make better decisions."

Exclusive's DAS mixing plants are technology-driven and use data acquisition to continuously improve job performance. The units 'learn' different well complexities and their associated chemicals and injection rates, improving chemical programs for future jobs. Exclusive's plant operators are highly trained and average 12 years in the industry.

"We've had significant growth in our mixing plant business as customers are impressed with how our units perform and the technical strength of our operators," continued Kiser. "The acquisition gives us a larger fleet of DAS units, and we can successfully execute even the most complex jobs through the advanced technology."

The DAS mixing plants leverage command centers where technicians monitor circulating and well head pressures, temperatures, T.D.S., pH levels, viscosity, and other critical readings within the safety of the cabs. Technicians also test fluids inside the command centers, creating virtual mobile laboratories. Customers can log in remotely any time for real-time monitoring of their readings. Electronic post-job reports provide critical data to improve decision making for future wells.

"We're excited to offer our combined customers new improvements in their chemical programs in a time where the industry is moderately recovering but commodity prices are still stagnant," said Eric Hershcap, co-owner of Exclusive.

With the acquisition, Greenwell now operates 16 mixing plants, seven of them equipped with data acquisition systems.