Flotek Industries
Flotek Industries specializes in chemistry technologies and data analytics for the energy industry, serving downstream, midstream, and upstream customers globally. It offers reservoir-centric fluid systems, including specialty chemistries, and real-time analytical measurement solutions to enhance operational efficiency and improve return on invested capital.
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2 past transactions
JP3 Measurement
Acquisition in 2020
JP3 Measurement, LLC, based in Austin, Texas, specializes in advanced real-time gas and liquids remote field analyzers through its Verax line of optical field analyzers. Founded in 2005, the company focuses on providing field-deployable solutions that allow for the identification of gas and liquids directly in pipelines without altering or extracting samples. Its analyzers measure a wide range of constituents, including BTU with alkane speciation, H2S, CO2, moisture, and others, delivering real-time compositional information about hydrocarbon streams. This data is crucial for clients across upstream, midstream, and downstream sectors, enabling enhanced process control and custody transfer, thus improving operational efficiencies and maximizing profitability. As of May 2020, JP3 Measurement operates as a subsidiary of Flotek Industries, Inc.
International Polymerics
Acquisition in 2016
International Polymerics is a U.S.-based company that supplies natural polymers to the oil and gas industry. Its primary products include guar, guar gum, polyacrylamides, and related materials.
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