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ProPetro Services

Industry: OIL & GAS
Markets: ExxonMobil, Occidental Petroleum, EOG Resources, Permian Resources
Locations: One Marienfeld Place 110 North Marienfeld Suite 300 Midland, Texas 79701, 2815 E I-20 Midland, Texas 79706, 2518 FM 307 Midland, TX 79706
Registration: 79701, USA, Midland, Texas, 1706 S Midkiff Rd
Year Established: 2007
Main Products/Services: Hydraulic fracturing, wireline services, cementing, electric frac fleets, mobile power generation (PROPWR)

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Description:

ProPetro is a U.S.-based oilfield services company focused on hydraulic fracturing and related completion services in the Permian Basin. The company provides pressure pumping, wireline, and cementing services to upstream oil and gas operators. Hydraulic fracturing represents the majority of its revenue, supported by a large fleet of pumping equipment. The company has been transitioning toward lower-emission technologies, including dual-fuel and electric frac fleets. A key strategic direction is the development of its PROPWR division, which delivers mobile natural gas-powered electricity solutions. These systems are used both for oilfield electrification and industrial applications. The company operates primarily in North America and maintains long-term relationships with major E&P operators.