SPL

SPL is a company that offers outsourced hydrocarbon measurement, analysis, and reporting services specifically tailored for oil and gas production and transportation companies. It specializes in various areas including production accounting, auditing, inspection, automation, and laboratory design and construction services. By providing these essential services, SPL enables its clients to effectively market their products downstream, comply with regulatory reporting requirements, and ensure precise payment of royalties to leaseholders. Through its expertise, SPL supports the operational efficiency and financial accuracy of its clients within the oil and gas sector.

Jeff Hibbeler

CEO and Board Member

6 past transactions

DHL Analytical

Acquisition in 2024
DHL Analytical is an environmental laboratory specializing in analytical testing services. It serves clients such as TXDOT, TCEQ, the Railroad Commission, and private companies. The company's state-of-the-art facility and highly trained staff enable it to provide top-rated services. DHL Analytical continually improves its operations, including staff training, equipment upgrades, and service enhancements, to exceed the previous year's performance.

Volumetrics

Acquisition in 2023
Volumetrics offers testing services to the oil and gas industries. Their service and repair meters along with providing service and programming on primarily fisher and Rosemount devices. Their services include master meter proving, classroom and remote training, gas, and liquid sample collection, lab testing for gas and liquid samples, bench testing and steam cleaning, meter calibration, and repair.

Ana-Lab

Acquisition in 2023
Ana-Lab is a provider of analytical testing services specializing in onsite sample collection and environmental testing. The company serves a diverse range of clients, including federal, state, commercial, industrial, and municipal entities. Ana-Lab offers a variety of services, such as waste characterization, environmental regulatory compliance, field services, and analysis of petroleum and related products. By delivering reliable test results, Ana-Lab supports its clients in meeting environmental standards and regulatory requirements across multiple industries.

Oxidor Laboratories

Acquisition in 2022
Oxidor Laboratories is a full-service analytical testing company that offers environmental and chemical analyses, focusing primarily on wastewater and stormwater testing. The company serves a diverse clientele, including industrial, consulting, and government sectors. Oxidor Laboratories is NELAP Accredited and provides comprehensive analyses of both inorganic and organic compounds in soils and water. Additionally, the company specializes in waste identification, assisting clients in achieving compliance with internal and regulatory standards.

Alcor Petrolab

Acquisition in 2018
Alcor Petrolab is an independent laboratory specializing in testing services for liquid fuels, lubricants, petroleum products, and plastics. The company provides a comprehensive range of highly-specialized tests, including evaluations of jet fuel, diesel, gasoline, ethanol, and biodiesel. Additionally, Alcor Petrolab conducts assessments for various lubricants, grease, hydraulic fluids, and heat transfer fluids, as well as crude oil and refinery intermediates. The laboratory also tests elastomers and plastics, catering to the needs of various industries reliant on these materials.

American Measurement Services

Acquisition in 2017
American Measurement Services, LLC has been a key provider of critical measurement services to the oil and gas industry in Oklahoma, Kansas, and Texas since its establishment in 1997. The company emphasizes integrity, honesty, and a strong work ethic as foundational elements of its success. It adheres to industry standards in both technical and accounting practices, ensuring high-quality service delivery. Safety is paramount, with a commitment to maintaining safe work standards and practices for all employees. American Measurement Services is a member contractor of PICS, ISNetworld, and PEC, and participates in the Pipeline Testing Consortium to ensure compliance with Department of Transportation drug and alcohol testing regulations.
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