
(Source: Shutterstock/ The JF Petroleum Group)
The JF Petroleum Group announced on April 15 that the fueling system solutions provider has acquired GE Goodson Service Co. Inc., a general contractor for the petroleum equipment industry headquartered in Midland, Texas.
The GE Goodson Co. provides construction services and maintenance support in the greater Midland-Odessa area of Central to West Texas. The Goodson Branch will be incorporated into the JF West Region and operate as The JF Petroleum Group’s Midland branch on a go-forward basis, according to JF’s press release.
“JF continues to invest in organic expansion and growth through acquisition in support of increasing demand for construction, service and compliance-related services in the petroleum equipment industry. We are proud to welcome the employees of the GE Goodson Co. to the JF family,” Keith Shadrick, CEO of The JF Petroleum Group, said in the announcement.
Terms of the transaction were not disclosed.
Recommended Reading
Confirmed: Liberty Energy’s Chris Wright is 17th US Energy Secretary
2025-02-03 - Liberty Energy Founder Chris Wright, who was confirmed with bipartisan support on Feb. 3, aims to accelerate all forms of energy sources out of regulatory gridlock.
CPP Wants to Invest Another $12.5B into Oil, Gas
2025-03-26 - The Canada Pension Plan’s CPP Investments is looking for more oil and gas stories—in addition to renewable and other energies.
The New Minerals Frontier Expands Beyond Oil, Gas
2025-04-09 - How to navigate the minerals sector in the era of competition, alternative investments and the AI-powered boom.
Utica Oil Player Ascent Resources ‘Considering’ an IPO
2025-03-07 - The 12-year-old privately held E&P Ascent Resources produced 2.2 Bcfe/d in the fourth quarter, including 14% liquids from the liquids-rich eastern Ohio Utica.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.