Voyager Invests In Tejas Completion Services
Voyager Interests, LLC (“Voyager”), a private equity firm focused on energy services and equipment investments, has announced a majority investment in Tejas Completion Services, LLC (“Tejas”). Tejas is one of the largest privately-held completion services companies in the Permian Basin. The financial terms of the deal were not disclosed.
Tejas Completion Services, LLC (“Tejas”), based in Midland, Texas, is a leading provider of specialty pumping and complementary services in the oil and gas sector. The company offers a range of services, including acid and completion chemicals, mixing plant services, and thru-tubing services. With a fleet of approximately 50 pumping units, Tejas is currently the largest independent specialty pumping company in the United States and has built a solid reputation for delivering high-quality services to a wide range of operators in the Permian Basin.
Today, Voyager Interests, LLC (“Voyager”), a private equity firm specializing in energy services and equipment investments, announced it has made a majority investment in Tejas. This investment marks a significant step for both companies, as Voyager seeks to leverage its expertise to support Tejas in its next phase of growth and expansion. Although the financial terms of the transaction have not been disclosed, the investment is expected to strengthen Tejas’ position in the highly competitive oil and gas services market.
“We are thrilled to welcome Tejas into the Voyager family,” said David Watson, Partner at Voyager. “Tejas has earned a stellar reputation among many of the largest exploration and production (E&P) operators in the industry. Under the leadership of TJ Dostal and Cody Trebing, the company is well-positioned for tremendous growth. We look forward to supporting Tejas as it continues to expand its service offerings and innovate to meet the evolving needs of the market.”
TJ Dostal, CEO of Tejas, expressed his excitement about the partnership with Voyager. “The Tejas team, including myself and Cody, are excited to partner with Voyager. Their proven track record of supporting and building energy service businesses makes them an ideal partner for us. This investment will further strengthen Tejas’ leadership position as the premier provider of pump-down and completion services in the oil and gas sector.”
As part of the transaction, Voyager will also integrate its existing portfolio company, VooDoo Energy Services, into Tejas. VooDoo Energy Services primarily operates in the Haynesville Shale, expanding Tejas’ geographic reach and broadening its service capabilities. The merger of these two companies is expected to bring greater operational synergies and increased efficiency, enabling Tejas to better serve its growing customer base.
Cody Trebing, COO of Tejas, highlighted the potential for growth following the merger. “Voyager’s partnership allows us to invest in the expansion of all our service lines, along with our fleet of equipment and personnel. These investments will ensure that we continue to deliver the safety, reliability, and customer satisfaction our clients expect. We are also excited to welcome the VooDoo team and integrate their operations into Tejas, as we build on our reputation for industry-leading service and performance.”
Tejas Completion Services has been an integral part of the oil and gas sector, primarily serving major and independent operators in the Permian Basin. The company’s comprehensive suite of services includes not only specialty pumping, but also critical completion chemicals and thru-tubing services, making it a trusted partner for energy operators in one of the most active and competitive regions in the world. With a commitment to safety, reliability, and customer satisfaction, Tejas has established itself as a leader in the energy services industry.
The partnership with Voyager is expected to fuel Tejas’ growth and innovation in the coming years. As the demand for oil and gas services continues to increase, particularly in the Permian Basin, Tejas is well-positioned to capitalize on new opportunities. Voyager’s expertise in scaling energy services businesses and its strong operational support will help Tejas expand its service offerings and strengthen its competitive edge in the marketplace.
In summary, the majority investment by Voyager Interests in Tejas Completion Services marks an important milestone in the growth of both companies. The merger with VooDoo Energy Services adds another layer of capability and geographic reach to Tejas’ already impressive service portfolio. With a focus on safety, customer satisfaction, and operational excellence, Tejas is poised to build on its leadership position in the oil and gas sector, and the partnership with Voyager is expected to be a key driver of future success.
About Tejas Completion Services
Tejas Completion Services, LLC is a premier provider of specialty pumping and complementary services, including acid and completion chemicals, mixing plant services, and thru-tubing services. Based in Midland, Texas, Tejas serves major and independent operators, primarily in the Permian Basin. The company is known for its commitment to safety, reliability, and customer satisfaction, establishing itself as a trusted partner in the energy sector.
