Select Energy’s M&A Spree Continues with Nuverra, as Lower 48 Opportunities Expand

Houston-based Select Energy Services Inc., on a tear this year to expand its Lower 48 oilfield services for exploration and production (E&P) companies, has agreed to pay $45 million for Nuverra Environmental Solutions Inc.

Select is paying $45 million for Nuverra, which provides produced water services for E&Ps across the Lower 48, including in the Bakken and Haynesville shales. 

Select’s merger and acquisition (M&A) activity has been growing this year. The company earlier this month completed a cash-and-stock takeover of the U.S. onshore rentals and accommodations operations of HB Rentals LC, a subsidiary of Superior Energy Services Inc. In October, it closed the merger of some Basic Energy Services Inc. assets, including Agua Libre Midstream LLC.

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