SPL

Founded in 1944 in Carthage, Texas, SPL is a leading provider of hydrocarbon measurement and analysis services for the oil and gas industry. The company offers a range of services including production accounting, auditing, inspection, and laboratory design, helping clients ensure accurate reporting, compliance with regulatory requirements, and proper royalty payments to leaseholders. With a focus on safety, integrity, innovation, and service, SPL operates expert laboratory personnel and field services teams across 15 strategic locations nationwide. This extensive network enables the company to deliver unbiased insights and support operators in managing the quantity and quality of their oil and gas assets effectively. For over 70 years, SPL has been committed to innovation and objective thought leadership in the industry.

Jeff Hibbeler

CEO and Board Member

2 past transactions

Alcor Petrolab

Acquisition in 2018
Alcor Petrolab is a lab that provides testing services for liquid fuels, lubricants, petroleum products and plastics. We offer a wide range of testing services for liquid fuels, lubricants, petroleum products and plastics. We test jet fuel, diesel, gasoline, ethanol, and biodiesel. We also test lubricants, grease, hydraulic fluids, heat transfer fluids, crude oil, refinery intermediates, elastomers and plastics.

American Measurement Services

Acquisition in 2017
American Measurement Services, LLC has been a provider of critical measurement services to the oil and gas industry since 1997, operating primarily in Oklahoma, Kansas, and Texas. The company emphasizes integrity, honesty, and a strong work ethic as the foundation of its success. It adheres to industry standards in both technical and accounting practices, ensuring the highest safety standards and expectations for its employees. American Measurement Services is a member contractor of PICS, ISNetworld, and PEC, and participates in the Pipeline Testing Consortium for compliance with Department of Transportation drug and alcohol testing regulations. The company serves a range of blue-chip customers, delivering essential services and products tailored to the specific needs of the industry.
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