Petrosmith

Petrosmith LLC is a manufacturer of tanks and vessels tailored for exploration and production companies in the oil and gas industry. Founded in 1983 and based in Abilene, Texas, the company specializes in a wide range of products, including oilfield storage tanks, gun barrel tanks, heater treaters, separators, and vapor recovery towers. Petrosmith also offers new and used oilfield tubular goods, along with refurbishment services for these goods. Additionally, the company provides plug and abandonment operations and has advanced blasting and coating facilities that support its tank, vessel, and tubular divisions. With a commitment to quality and efficient delivery, Petrosmith serves major clients in key regions such as the Permian Basin, Eagle Ford, and Mid-Continent, helping to streamline the process of equipment setup for its customers. The company employs approximately 300 individuals dedicated to meeting the needs of its clients.

Michael Duffy

CEO and President

1 past transactions

Wellflex Energy Solutions

Acquisition in 2020
Wellflex Energy Solutions specializes in design technology that enhances detailed engineering, fabrication, and project management for the oil and gas industry. The company focuses on delivering efficient, fit-for-purpose equipment tailored to meet customer needs. Wellflex provides a comprehensive range of services, from full turn-key facilities to basic fabrication, ensuring high-quality systems are installed effectively. By modularizing pad sites for oil and gas production and process equipment, Wellflex aims to optimize operations in a cost-effective manner. The company prides itself on its expert product knowledge, innovative solutions, and ongoing support, all of which contribute to adding significant value to its clients' operations.
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