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CM - Oilfield Services News Briefs - August 26, 2019
Black Bay Energy Capital announced Aug. 14 that it invested in Midland-based Total Operations and Production Services, which provides compression products and services specializing in gas lift applications in the Permian. The investor said TOPS is experiencing rapid growth because of strong demand for its electric driven gas lift compression systems. Oilfield services and equipment specialist Black Bay has a $10-30 million sweet spot, according to data compiled by Enverus Drillinginfo’s Capitalize platform. KLX......
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