All Press Releases for January 04, 2019

SPL Creates One of the Nation's Largest Production Measurement Services Companies by Combining with Atchafalaya Measurement

The combined company will offer enhanced capabilities and technology to the upstream and midstream sectors.



"The combined company will offer enhanced capabilities and technology to the upstream and midstream sectors."

    HOUSTON, TX, January 04, 2019 /24-7PressRelease/ -- SPL, an industry leader in hydrocarbon production measurement services, has merged with Atchafalaya Measurement, Inc. ("AMI").

For more than 35 years, AMI has provided industry-leading measurement services to oil and gas companies in the United States. With their extensive knowledge of liquid and gas measurement, electrical, instrumentation and automation services, and their highly-qualified team of experts, AMI is recognized as an industry leader in hydrocarbon measurement —and an excellent fit with SPL's capabilities.

"AMI has a strategic geographic presence and is the leader in meter equipment installations and recurring measurement services across the U.S., which is a perfect fit with our current offering," said Jeff Hibbeler, CEO of SPL. "Service line cross-selling and new client exposure for both companies should drive strong growth for years to come. More importantly, we will now be able to offer an industry-first value proposition —a closed loop between equipment/automation, field measurement, and hydrocarbon chemical analysis, which will feed our proprietary data analytics engineering platform."

Nick Trahan, President of AMI, will join SPL and continue in that role. "I am pleased that we have been able to complete this partnership," said Nick. "SPL is a technology leader in oil and gas measurement and analytics, that, like us, places the customer at the core of everything that they do. I am excited to be a part of the team."

Combined, SPL and AMI will be the market leader in production measurement and related services with operations across every major oil and gas play in the United States.

Explore ways to bring more confidence to your hydrocarbon data at www.spl-inc.com.

About AMI:
Founded in 1982 and located just outside of Lafayette, Louisiana, AMI offers a complete set of measurement and laboratory services for oil and gas operators. AMI offers a broad range of supplies and equipment for various measurement related applications and provides installation and maintenance services with bases of operation in Houma, LA; Scott, LA.; Shreveport, LA.; Sayre, PA.; Odessa, TX.; Floresville, TX. and now Artesia, NM.

About SPL:
Established in 1944, SPL was one of the first major suppliers to service the exploration and production, petrochemical, refining, pipeline and retail markets with petroleum and environmental testing services. Today, SPL is recognized globally as an industry leader in hydrocarbon measurement, analysis, and production analytics services. The company has performed work throughout the United States as well as international markets that include the China Sea, Kuwait, Libya, Mexico, Peru, Saudi Arabia, and Yemen. SPL, headquartered in Houston, Texas, was acquired by Industrial Growth Partners, along with management, in September 2016. Explore ways to bring more confidence to your hydrocarbon data at www.spl-inc.com.

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SPL
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