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Industry Center - Oil & Gas Equipment & Services
Industry Center > Oil & Gas Equipment & Services > FTS International, Inc. Company Profile
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FTS International, Inc. Company Profile
FTS International (formerly Frac Tech Services) has found a way to mix oil and water. The company helps US oil and gas firms make the most of their older assets by releasing tough-to-recover petroleum through hydraulic fracturing, a process which pumps a proprietary solution of sand and water into shale reservoirs to release oil and gas. FTS International runs 33 fracturing units (1.4 million horsepower) in the shale basins of Louisiana, Texas, Pennsylvania, West Virginia, and New Mexico. It also owns sand mining and processing operations that supply most of its primary raw material. In 2011 the company was acquired by a Temasek Holdings-led consortium and reorganized as FTS International.
Headlines for FTS International, Inc.
Most actively traded companies on the TSX, TSX Venture Exchange
- Mon Apr 14
Contact Information
Address: 777 Main St., Ste. 3000
Fort Worth, TX 76102
Phone:817-862-2000
Fax:817-339-3640
Financial Highlights
Fiscal Year End:December
Key People
CEO: Greg A. Lanham
President and COO: James Coy Randle Jr.
CTO: Brad Holms
Industry Information
Sector: Basic Materials
Industry: Oil & Gas Equipment & Services
Top Competitors
Baker Hughes Incorporated
Calfrac Well Services Ltd.
Halliburton Company
 


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