Founded in 1981 by Larry Foster and headquartered in Midland, Texas, Petroplex is the longest standing independent provider of acidizing services in the Permian Basin. In 2015 Petroplex started a new line of service by providing remedial cement services throughout the Permian Basin. We maintain strong, long-term relationships with our blue-chip E&P customer base and serve a majority of the largest producers in the Permian. Infrastructure and scale; a large equipment base and strategically located facilities enable Petroplex to service small and large E&P customers who require timely service and strong performance record. Petroplex also has a best-in-class safety and environmental program that meets the highest standards set by our large E&P customers.
Petroplex Acidizing maintains strong relationships from the smallest to the largest E&P customers in the Permian Basin.
Petroplex Acidizing History
1981Founded in Midland, TX by Larry Foster, Tony Cunningham joins the Company as an acid pump truck operator
1983Begins servicing three fields for ExxonMobil in the Permian
1986Petroplex introduces Petrosol X-25, its first proprietary product designed to increase the effectiveness of acidizing treatments and Tony Cunningham assumes an executive manager role with the company
1987Designated as ExxonMobil’s primary acid service provider in the Permian Basin
2000Opens second location in Lovington, New Mexico
2006Tony Cunningham becomes President
2013Opens third location in Levelland, Texas
2014Acquires the pressure pumping division of Armada Pressure Control
2015Acquires Pacesetter Pressure Pumping and opens a fourth location in Carlsbad, New Mexico
Begins providing remedial cement services to the Permian Basin
2017Completes the startup of a new cement bulk facility in Levelland, TX
2018Purchases 6 New Tier 4 2,500 HHP Quintuplex Pumps