Texas Locke Lord Team Advises Global Energy Capital in Formation of Flowco, New Leader in Shale Production Optimization Established via Merger of Three Market Leaders

A Locke Lord team led by Bill Swanstrom and Jennie Simmons (both of Houston) advised Global Energy Capital (GEC), a private equity firm that invests in innovative energy technology and software companies, in the formation of Flowco, the shale industry’s leading provider of production optimization and artificial lift solutions, forged in partnership with White Deer Energy. Flowco is formed via merger of three market leaders in the production optimization industry: Flowco Production Solutions, Estis Compression and Flogistix. Flowco provides patent-protected products and services that are vital throughout the 30-year lives of producing wells, including high-pressure gas lift, traditional gas lift, plunger lift, vapor recovery and a variety of digital technologies. For more information, see the press release. Additional support was provided by Case Towslee, Jon Daly, Jerry Higdon, Eric Larson, Sara Longtain, Michelle Gutierrez-Begin, Grace Elliott, Brendan O’Leary, Shaylen Jessop, Andrew Nelson, Tyler Self (all of Houston), Van Jolas, Mark Backofen, Brad Weber and Jack Dougherty (all of Dallas).
Posted June 28, 2024