Permian basin-focused GlobeLTR Energy has sold its well-servicing division to Brigade Energy Services in a deal between the two private equity-backed players.
No financial terms were disclosed for the agreement between the companies.
The transaction facilitates GlobeLTR's increased focus on its core midstream water logistics and pre-frac solutions as well as power generation services for E&P clients operating in the Permian and other target basins.
