Joint Venture to address the biggest challenges facing the oil & gas exploration and production last-mile supply chain, including productivity, efficiency and sustainability
DENVER – 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.