OmniTRAX Affiliate and 1845 Oil Field Services Form ShaleTECH Transport to Deliver Logistics Solutions for the Energy Industry
October 22, 2018
Joint Venture to address the biggest challenges facing the oil & gas
exploration and production last-mile supply chain, including
productivity, efficiency and sustainability
DENVER–(BUSINESS WIRE)–An affiliate of OmniTRAX, Inc., one of the largest privately held
transportation service companies in North America, and 1845 Oil Field
Services, a leading truck freight provider, have formed ShaleTECH
Transport to expand last mile transportation and energy logistics
offerings to oil and gas producers and their partners. 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.
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. OES is also backing the venture with the financial
support required to provide the long-term service arrangements customers
are demanding.
“We are very excited about our collaboration with 1845 Oil Field
Services and bringing added value to our joint customer base. 1845 is
one of the largest transport providers servicing the industry today and
their well pad logistics experience and management combined with our
last-mile delivery technology will create new operating efficiencies for
the supply chain,” said Kevin Shuba, CEO of OmniTRAX.
“OES is a well-capitalized company built on 40 years of investment in
strategic energy assets, supply chain infrastructure and facilities,
with multiple touch points throughout the supply chain. Our past
experience and dedication to the industry and people carry forward into
the newly formed joint venture. 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.
“With a strong emphasis on customer needs, we want to continue to evolve
and grow with the industry by uncovering additional operating
efficiencies and cost saving solutions. 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,” said Ballard.
“We are also excited to be creating a safe, scalable, driver-friendly
operating platform that addresses the most challenging regulatory issues
facing today’s energy transportation industry.”
ShaleTECH Transport will have the capabilities and assets to meet
customer needs. Within twelve months, the company is expected to be
active in all major oil and gas basins. The long-term strategic roll out
will focus on making investments in assets to align the company’s growth
with industry demand for integrated last-mile logistics services.
About 1845 Oil Field Services
1845 Oil Field Services is one of the largest proppant transportation,
freight management and logistics companies in North America.
Headquartered in Weatherford, TX, 1845 provides solutions in the oil
field and commercial bulk industries using a comprehensive and
sophisticated one-call operations center dedicated to optimized,
efficient planning of freight. 1845 coordinates millions of pounds of
sand and other materials into the oil field and commercial sectors
annually. More information is available at http://1845.com/.
About OmniTRAX Energy Solutions
OmniTRAX Energy Solutions (OES) provides a comprehensive proppant
delivery solution to customers in the most prominent frac sand areas and
oil and gas basins in the U.S. OES delivers scalable, cost-cutting
mine-to-wellhead supply chain services through its network of railroads
and terminals servicing the Bakken, DJ, Eagle Ford and Permian basins
and many of the largest mining areas.
About OmniTRAX, Inc.
As one of North America’s largest private railroad and transportation
management companies, OmniTRAX’s core capabilities include providing
management services to its affiliated railroad, port, intermodal and
industrial switching operations. Through its affiliation with The Broe
Group and its portfolio of managed companies, OmniTRAX also has the
unique capability of offering specialized industrial development and
real estate solutions, both on and off the rail network managed by
OmniTRAX. More information is available at www.omnitrax.com.
Contacts
RAM Communications
Ronald Margulis, +1 908-272-3930
ron@rampr.com