The private shareholders of J4 Fluid Services, Inc., based in the USA, have sold the company to US Shale Solutions, Inc. for US$27 million.
J4 Fluid Services, Inc. is an integrated well-completion fluids oilfield services company with an emphasis on data acquisition and computer-controlled chemical blenders associated with coiled tubing circulating fluids and hydraulic fracturing.
US Shale Solutions Inc. is a full service provider of infrastructure, fluids and completion services with a focus on unconventional resource plays. The company’s primary service offerings are well site construction, wellhead hookups, surface equipment, pipeline and facility construction and maintenance.
Oaklins' team in Dallas advised the seller in this transaction.
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