Global Energy Capital (GEC) and White Deer Energy (White Deer) have announced the formation of Flowco Inc. (Flowco), a provider of production optimization and artificial lift solutions. Created by merging Flowco Production Solutions, Estis Compression, and Flogistix, Houston-based Flowco has 1300 employees located in every major productive region of the US oil and gas industry, and a growing international presence. The newly formed company provides patent-protected products and services that are used throughout the 30-year lifespan of producing wells, including high-pressure gas lift, traditional gas lift, plunger lift, vapor recovery, and a variety of digital technologies.
“Flowco combines the strengths of three market leaders in the production optimization industry — Flowco Production Solutions, Estis, and Flogistix have each developed technologies that provide the world’s leading energy producers with mission critical products required to optimize today’s oil and gas fields,” said GEC Managing Partner Jonathan Fairbanks. “Our partnership with White Deer paves the way for Flowco’s continued growth and innovation in the sector.”
“The merger forming Flowco represents a strategic alignment with GEC to form an industry leader in the production optimization and artificial lift solutions sector,” said White Deer co-founder, Ben Guill. “By uniting our three companies, each expert in their field and in complementary lines of business, we can offer comprehensive solutions for clients throughout the entire lifecycle of an oil and gas well. We look forward to working with GEC and our employee partners on the next phase of Flowco’s development.”