Seventy Seven Energy, Inc. (OTCMKTS:SSEIQ) is an integrated oilfield services provider headquartered in Houston, Texas. The company offers a comprehensive suite of completion and production enhancement services, specializing in pressure pumping, completion tools, fluid management and well intervention solutions. Through its network of service centers and field operations, Seventy Seven Energy supports exploration and production clients across North America’s onshore oil and gas basins.
Its core service offerings include hydraulic fracturing and well stimulation, coiled tubing and pump-down tools, acidizing and cementing, as well as water sourcing, treatment and logistics. By combining specialized equipment fleets with digital monitoring and field engineering expertise, the company aims to optimize well performance, increase operational efficiency and reduce total completion cycle times for its customers.
Seventy Seven Energy traces its roots to established oilfield service operations with more than a half-century of industry experience. Since its formation as an independent entity in 2017, the company has expanded its footprint to serve the Permian, Eagle Ford, Williston and Marcellus basins, as well as key Canadian resource plays. Strategic investments in technology, centralized maintenance facilities and best-in-class safety programs support its goal of delivering high-margin, repeatable service packages.
The company’s executive team is led by President and Chief Executive Officer Steven L. Kramer, whose leadership is bolstered by a group of seasoned operations and finance professionals. Supported by a board comprising oilfield services veterans, Seventy Seven Energy pursues disciplined growth through fleet upgrades, targeted land co-development agreements and continued expansion into complementary service lines.
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