Atlas Oil Company recently completed the purchase of a 6.8-acre facility in Fort Lupton CO.
The company said the acquisition is an investment in its oil field services division, which provides comprehensive services like frac and rig fueling, lubricants and automated fueling through its fuel automation station technology.
“We have an aggressive growth plan for 2019 and view this property as an investment in our future,” said Sam Simon, Atlas founder, chairman and owner. “The timing of this expansion is consistent with our strategy to continuously transform our business model and strengthen our value proposition.”
The facility is more than six times the size of Atlas’ prior space in Evans CO and will be able to accommodate hundreds of new team members, the company said. Additional office space, fuel and lubricant storage, and dedicated product packaging areas will allow Atlas to scale its commercial and transportation sectors in the market. Lubricants, DEF and fleet fueling are a few of the new lines of business Atlas plans to deliver for regional customers, in addition to frac growth.
“The impact of this expansion within the region will be immediate,” said Michael Meredith, Atlas’ president of frac and rig fueling. “We see an immense opportunity in the Niobrara-DJ Basin and have an unfaltering commitment to our customers in this market.”
The property is centrally located between key supply plants and customer locations, allowing for easy and efficient order fulfillment, Atlas claimed. The new facility also is adjacent to US-85, with controlled access to the highway.
“We’re looking forward to expanding our operations in Fort Lupton and are excited to bring on new talent to support strategic growth in our frac and rig fueling division,” said Bob Kenyon, president at Atlas. “Adding additional team members and assets within this market will help position Atlas as an all-inclusive provider of fuel, lubricants, specialty chemicals, best-in-class service and digital solutions.”
Atlas also recently completed an expansion at its Victoria TX facility, giving it 20 terminals across the country.