Oil, Gas and Shale
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Ace Gathering Acquires Crude Oil Reclamation Service Company Recoil Energy Systems

Published: March 26, 2018 |

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Ace Gathering Holdings has completed its acquisition of Recoil Energy Systems, a provider of crude oil reclamation services.

Recoil, founded in 2014 and headquartered in Abilene, Texas, is a leading provider of oil reclamation services including tank cleaning, oil recovery, oilfield waste fluid handling and disposal services throughout the Permian Basin for salt water disposal wells, crude oil production tanks and pipelines.

“We are very excited about the opportunity to join the Ace team and look forward to supporting the company’s rapid growth throughout Texas and surrounding states. Recoil’s broad service coverage in the Permian Basin alongside Ace Gathering’s rapidly growing gathering system creates an unmatched offering in the region,” said Abe Templeton, founder and general manager of Recoil.

“The management team at Ace is excited to team up with a leading reclamation provider in the Permian Basin. Recoil’s reclamation facility located southeast of Midland immediately expands our footprint alongside our newly launched reclamation facility located on the southwest side of Odessa. The combination allows us to capitalize on immediate opportunities and continue our rapid expansion,” said Mike Clinard, chairman and CEO of Ace.

“We are thrilled about our partnership with Recoil and what this means for the future of the company as we expand our capabilities to service existing and prospective customers in new areas,” said Cody Schluens, president and COO of Ace.


About Ace Gathering
Ace Gathering, founded in 2014 and headquartered in Katy, Texas, provides gathering and reclamation services through two separate wholly-owned subsidiaries, Ace Gathering, Inc. and The Maker’s Oil Corporation. Ace Gathering offers crude oil gathering services as well as crude oil marketing services for customers ranging from small, independent producers to large majors. In May 2016, Ace acquired Maker’s, a crude reclamation and tank cleaning business with over two decades of operating history. Maker’s offers oilfield waste cleanup and waste oil removal services for salt water disposal wells, crude oil production tanks, pipelines, and marine barges. The combined companies have more than 100 employees with locations in Corpus Christi, Giddings, Swinney Switch, Odessa, and Katy, Texas. Ace Gathering recently partnered with financial sponsor Rock Hill Capital in December 2017.

To stop by Ace Gathering’s website, CLICK HERE


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