Business View Magazine | April 2020

82 BUSINESS VIEW MAGAZINE APRIL 2020 AT A GLANCE PROFRAC SERVICES LLC WHAT: A custom manufacturer of fracturing units and high pressure pumps WHERE: Willow Park, Texas WEBSITE: P roFrac Services, with headquarters in Willow Park, Texas, custom-manufactures and assembles fracturing units and high pressure pumps for the fracking sector of the upstream oil and gas industry. The company began operations in the Permian Basin, a large sedimentary basin located in western Texas and southeastern New Mexico, in September 2016, and the Marcellus/Utica Shale, a deep, natural gas reserve running under parts of New York, Pennsylvania, Ohio, West Virginia, Maryland, and Virginia, in October of the same year. According to Paul Kaster, ProFrac’s Senior Vice President for Health, Safety & Environment, and Compliance & Training, the company’s founders – the Wilks Brothers – who had previously transformed a start-up into the world’s largest private pressure pumping company, felt market conditions were conducive, and purchased three fleets of equipment that had been sidelined at another services company that had gone out of business, and put them to work. “Then, we opened our manufacturing facility and started manufacturing our own equipment,” Kaster recounts. “At the time, we had less than 30 employees in our manufacturing facility.” VICES LLC Hydraulic fracturing services