One Equity Partners has merged its portfolio company, OMNI Environmental Solutions (OMNI) with Purity Oilfield Services, (Purity), to create a new, environmental services and equipment organisation. Terms of the private transaction have not been disclosed.
Louisiana-based OMNI provides a suite of environmental solutions to the oil and gas industry and has operations in the Gulf of Mexico, Haynesville, Eagle Ford, MidCon, Bakken/Williston, and Marcellus/ Utica regions. Purity, headquartered in Dallas, is a leading service provider in four key basins providing equipment rentals, water transfer, vac trucks, well testing and flowback, and wellsite coordination and services covering drilling, completion, production and midstream operations.
The merger grows OMNI’s reach to include the prolific Permian Basin in West Texas and New Mexico and the Powder River Basin of Wyoming, extends Purity’s position into the Gulf Coast and Northeast, and enhances strengths of both companies in the Bakken and Barnett plays and the Rockies region. The enhanced ability to provide a wider range of services across the country creates a significant advantage as operators strive to build efficiency by using single-source, turn-key service providers.
The combined company has 1,400 employees and multiple offices across the US, and serves more than 500 customers.
