Approved project summary
Multi-basin oilfield well-servicing expansion
Expansion financing for an established oilfield well-servicing company — founded 2012, more than 150 field personnel — operating across five major U.S. producing basins: Permian, Williston, Eagle Ford, Appalachian, and Haynesville. The expansion is anchored by two long-term master service agreements with a supermajor and a large-cap independent producer, representing approximately $60 million in contracted revenue over sixty months and more than 65 percent of projected revenue through 2030. Company revenue grew roughly 200 percent in the twenty-four months preceding the study.