Frac Shack Inc. acquired all the operating assets of the Sandtinel group of companies for an undisclosed amount, the global energy technology company said in a Jan. 23 release.
Established in 2014 and based in Grande Prairie, Alberta, Sandtinel provides sand separation technology in Western Canada and the U.S. The company’s technology is being deployed to more than 40 companies across North America, including top shale producers such as Pioneer Natural Resources Co., Devon Energy Inc. and XTO Energy Inc., according to the Sandtinel website.
Frac Shack’s acquisition of what CEO Todd Van Vliet described as a world-leading sand separation system allows the company to expand and diversify its services to new and existing customers in the flowback and production industry.
“Bringing these companies together allows us to continue on our journey to change the world of energy,” Van Vliet said in a statement.
Sandtinel’s products are a distinct improvement on existing spherical, horizontal or cyclonic systems, providing greater safety and efficiency to flowback and production clients. Additionally, Sandtinel units dramatically reduce the release of methane during production and flowback activities, according to the company release.
Frac Shack said it will fund the purchase with cash and debt. All Sandtinel employees are also set to join the new entity, called Sand Separation Technologies Inc.
The company added that it also has plans to further develop existing customer relationships and partnerships in its service offering for both completions and production applications.
Frac Shack is headquartered in Acheson, Alberta, with additional offices throughout Canada, the U.S. and Argentina.
Recommended Reading
E&P Highlights: Jan. 27, 2025
2025-01-27 - Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.
Analysis: Middle Three Forks Bench Holds Vast Untapped Oil Potential
2025-01-07 - Williston Basin operators have mostly landed laterals in the shallower upper Three Forks bench. But the deeper middle Three Forks contains hundreds of millions of barrels of oil yet to be recovered, North Dakota state researchers report.
E&P Highlights: Dec. 16, 2024
2024-12-16 - Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Nabors, ProPetro Plan to Deliver High Voltage to Drillers
2024-12-10 - Nabors Industries, in partnership with e2Companies, and, separately, ProPetro Holding Corp., both launched oilfield electrification solutions on Dec. 10.
Falcon, Tamboran Spud Second Well in Australia’s Beetaloo
2024-11-25 - Falcon Oil & Gas Ltd., with joint venture partner Tamboran, have spud a second well in the Shenandoah South Pilot Project in the Beetaloo.