About Greenes Energy Group
Greenes Energy Group is an Energy & Utilities company based in Holbrook (United States) founded in 1953, and was acquired by KLX Energy Services in March 2023. Oilfield services for well completion and production are provided. The company has 190 employees. Greenes Energy Group offers products and services including Dissolvable Frac Plugs and Pipe Recovery and Fishing Services. Its focus areas include Energy and Oilfield Services. Its legal entity is KLX Energy Services.
Company details
Provider of oilfield services for well completion and production. It offers a comprehensive suite of services including coiled tubing, directional drilling, dissolvable frac plugs, fishing services, flowback services, nitrogen services, pressure control, pumping, snubbing, surface facilities and equipment, thru-tubing services, well control, and wireline services. These services utilize proprietary technology and expert personnel to support operators throughout the well lifecycle, from completion to production optimization. The company also provides pipe recovery and fishing, millout plug and perf remediation, and engineered products such as the Havok downhole motor system. Its optimized solutions aim to reduce costs and improve efficiency for clients.
- Headquarters Holbrook, United States
- Employees 190
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website greenesenergy.com
- Social LinkedIn X Facebook
- Acquired by KLX Energy Services (Mar 2023)
- Legal Name Klx Energy Services
- Latest Funding Round$20M (USD), Debt – Conventional
May 2018
- InvestorsB. Riley Financial
& 1 more
- Employee Count190
- Acquired byKLX Energy Services
(Mar 2023)
Products & Services of Greenes Energy Group
Greenes Energy Group offers a comprehensive portfolio of products and services, including Dissolvable Frac Plugs and Pipe Recovery and Fishing Services.
Dissolvable frac plugs are provided as tools that deliver benefits similar to traditional plugs without requiring millout operations.
Pipe recovery and fishing services are offered using an extensive collection of tools to recover lost pipe in oilfield environments.
Funding Insights of Greenes Energy Group
- Total Rounds 3
- Last Round Debt – Conventional — $20M
- Investors Count 1
All 3 funding rounds of Greenes Energy Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $20M | Debt – Conventional | – | – | – |
| Sep 2017 | $25M | Debt – Conventional | – | – | |
| Jun 2017 | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in Greenes Energy Group
Greenes Energy Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include B. Riley Financial and KLX Energy Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Mergers, acquisitions, capital raising, and strategic advisory services are provided. | 1997 | brileyfin.com | Los Angeles, United States | |
Provider of oilfield services, offering a range of downhole tools and solutions for the energy industry | 2014 | klxenergy.com | Houston, United States |
Investor details for Greenes Energy Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Greenes Energy Group
9 people are tracked at Greenes Energy Group (7 in leadership, 2 in team); the tracked headcount is 190.
| Name | Role | Group |
|---|---|---|
Frank Mathews | President & COO | Leadership |
Maury Dumba | Chief Marketing Officer & SVP | Leadership |
Lance Bolds | Chief Legal Counsel & SVP | Leadership |
Renee Sass | Chief Financial Officer | Leadership |
Pete Rodriguez | Well Testing Director Of Operations | Leadership |
Vanessa J. Flores | Director Of Human Resources | Leadership |
Richard Ramos | Vice President Of Eagleford Region / Well Testing | Leadership |
Lennard Richard | Consultant | Team |
Katiana Chapa | Human Resources Coordinator | Team |
Complete people profiles for Greenes Energy Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Greenes Energy Group
4 dated milestones of Greenes Energy Group across 70 years, from founding to its latest funding, stage changes and deals.
- Founded Greenes Energy Group is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $20.0M.
- Exit Acquired by KLX Energy Services.
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as Greenes Energy Group (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
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Frequently Asked Questions about Greenes Energy Group
Greenes Energy Group was founded in 1953 and raised its 1st funding round 64 years after it was founded.
Greenes Energy Group is headquartered in Holbrook, United States.
Greenes Energy Group has 190 employees.
Provider of oilfield services for well completion and production. It offers a comprehensive suite of services including coiled tubing, directional drilling, dissolvable frac plugs, fishing services, flowback services, nitrogen services, pressure control, pumping, snubbing, surface facilities and equipment, thru-tubing services, well control, and wireline services. These services utilize proprietary technology and expert personnel to support operators throughout the well lifecycle, from completion to production optimization. The company also provides pipe recovery and fishing, millout plug and perf remediation, and engineered products such as the Havok downhole motor system. Its optimized solutions aim to reduce costs and improve efficiency for clients.
Greenes Energy Group offers Dissolvable Frac Plugs and Pipe Recovery and Fishing Services.
Greenes Energy Group has 2 investors. Key investors include B. Riley Financial, and KLX Energy Services.
Greenes Energy Group operates through Klx Energy Services.
Yes. Greenes Energy Group was acquired by KLX Energy Services in March 2023.