The new company is the combination of two complementary organizations focused on providing cost-effective, safe and reliable mine-to-well-head supply chain logistics solutions, Monday’s announcement said.
The joint venture will extend the service offering of OmniTRAX Energy Solutions (OES), an affiliate of OmniTRAX that provides frac sand storage and transload services and a patented last-mile containerized bin-to-blender proppant delivery solution.
When fully implemented, ShaleTECH Transport will deliver scalable capacity, quality drivers and other support personnel, logistics management expertise and product visibility that will dramatically reduce demurrage and non-productive time at wellheads, the announcement said, noting that OES is backing the venture with the financial support required to provide the long-term service arrangements customers are demanding.
Shuba added, “ShaleTECH Transport pairs decades of expertise with new technologies unrivaled in the oil and gas industry to create a uniquely positioned fully integrated independent logistics organization that will give customers certainty from mine to wellhead.”
Robbie Ballard, president and chief operating officer of 1845 Oil Field Services, has been named president of ShaleTECH Transport. The headquarters of the joint venture is in Weatherford, Texas.
“We want to continue to evolve and grow with the industry by uncovering additional operating efficiencies and cost-saving solutions,” Ballard said. “Partnering with OmniTRAX and its last-mile containerized solution gives us the opportunity to showcase the efficiencies of the technology when the logistics are managed effectively. By leveraging the logistics expertise of both companies, ShaleTECH Transport will provide best-in-class services.”
Within 12 months, the company is expected to be active in all major oil and gas basins. The long-term strategic rollout will focus on making investments in assets to align the company’s growth with industry demand for integrated last-mile logistics services, the announcement said.