Houston-based Voyager Interests, private equity firm specializing in energy services and equipment investments, said last week it made a majority investment in Midland’s Tejas Completion Services. Financial terms of the transaction were not disclosed. Tejas provides specialty pumping and related services, including acid and completion chemicals, mixing plant services, and thru-tubing services. Tejas, largest independent specialty pumping company in the nation, operates about 50 pumping units.
David Watson, Voyager partner, said March 17, “Tejas has built a strong reputation amongst many of the largest E&P operators in the industry.” TJ Dostal, CEO of Tejas, added, “This investment strengthens Tejas’ leadership as the premier provider of pump down and completion services in the oil and gas sector.”
Voyager affiliate VooDoo Energy Services will be merged into Tejas in this deal.