SPL, based in Houston, Texas, is a leading provider of outsourced hydrocarbon measurement, analysis and reporting services for oil and gas production and transport companies.
SPL provides a comprehensive suite of gas and liquid laboratory tests and related field services from its network of 8 labs and 15 field service locations and counts leading independent and major exploration and production companies, as well as midstream operators, amongst its customers. SPL’s test and measurement services enable its customers to evaluate the composition of the hydrocarbons they are producing in order to fine-tune production from wells, market products downstream, meet regulatory reporting requirements, and ensure accurate payment of royalties to leaseholders.
SPL partners with leading operators nationwide to help prevent inaccuracies in hydrocarbon awareness across the hydrocarbon lifecycle. In fact, more than 90 percent of the world’s majors and 85 percent of America’s leading independent operators have used SPL as a trusted partner in ensuring their oilfield data integrity. For more than 70 years, SPL has brought innovation and objective thought leadership to its fields—all with an unfettered commitment to getting it right for its customers. That’s why SPL is one of the most trusted names in helping operators ensure confidence in hydrocarbon data.
Acquisition Details – On September 29, 2016, Industrial Growth Partners acquired SPL in partnership with management.
To learn more about SPL visit http://www.spl-inc.com/