Dynacorp Energy Services and Energes Oilfield Solutions LLC have come together to form EnerCorp Sand Solutions, a provider of sand management products and technologies for the oil and gas industry.
EnerCorp designs, manufactures, sells, rents, and services patented and proprietary sand control solutions for onshore operators across North America. EnerCorp is a portfolio company of Intervale Capital, an energy services investment firm based in Houston TX.
The combination strengthens the combined balance sheet of EnerCorp, while providing significant growth capital to support ongoing product development and strategic initiatives. EnerCorp’s suite of products and services include patented and propriety sand separation technologies aimed at solving its customers’ challenges with increased completion intensity and proppant loading, as well as standard flowback services.
Justin Morin, EnerCorp’s chief executive officer, has more than 15 years of oilfield service experience managing manufactured products and services businesses, and has served as the Dynacorp CEO since 2013. He will be joined by James Pung, who will serve as president of the US operations of EnerCorp. Pung has spent more than 15 years focused on the flowback and well testing market, and served as the Energes CEO since 2014.
Morin said: “The relationship between Energes and Dynacorp allows us to move faster from engineering and new product development to the field. Our customers are focused on maximizing production more efficiently, safely, and without equipment failure due to sand erosion. EnerCorp will be uniquely positioned to provide a broad suite of products, services and technologies to our customers, as well as explore new innovations to optimize sand control across the entire well life cycle. We are excited about the large market opportunity ahead of us, and are very proud of all the employees that have come together during this process.”
Pung added: “The Energes and Dynacorp teams have been working together since 2016. There is great cultural alignment between these businesses and we expect a seamless combination of our respective strengths. Through effective collaboration, innovation, focused engineering and a commitment to strong service quality, we are focused on changing the landscape of the traditional flowback and early production flow period.”