Service & Supply | New Company / Start-Ups | Oilfield Services | Capital Markets | Private Equity Activity
Select Energy Services Launches Peak as Standalone Company
Email
Print 
Bookmark
Select Energy Services, LLC has established Peak Oilfield Services as a standalone company.
Select CEO John Schmitz commented: "Peak Oilfield Services is an excellent business, and one in which Select will continue to invest and grow. At the same time, Peak does not fit neatly with our water related focus, and will benefit from independently showcasing and marketing its unique services."
Peak will be headquartered in Bridgeport, Texas, with Pat Anderle leading the company as President. Anderle was the original manager of the Peak business when it was launched in 2007, before becoming part of Select Energy Services. All Peak regional operations management and sales will report through Anderle. The company has approximately 350 employees spread across every major U.S. shale play.
Anderle added: "We look forward to growing the business as we reach out to potential clients to meet their accommodation and rental needs. Peak is not exclusively water-related, so our market for potential clients is broad, extending across the oilfield services industry and beyond."