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Solaris Oilfield Infrastructure Inc

SOI

$8.15

+ $0.92 (12.65%) This month

Closed: 4 Mar 2024 21:00 US/Eastern

Key details

CEO

William Zartler

Employees

180

Headquarters

Houston, US

Sector

Manufacturing

Industry

Oil and Gas Field Machinery and Equipment Manufacturing

About Solaris Oilfield Infrastructure Inc

• solaris oilfield infrastructure (nyse: soi) is focused on driving logistics and cost efficiencies for operators and service companies during the life cycle of oil and gas wells • the shale development has entered a new stage of evolution, whereby operational efficiencies have become the key differentiator for premier operators and service companies • on site operations (multi well pads, advanced rig moving technologies, quicker concurrent multi-well completions, on-site material handling, measurement and product value recovery) • supply chain management • logistical challenges have increased as operators are not only pumping more proppant per stage, but multi-basin development campaigns are yielding faster drilling and completion times, driving disproportionate proppant consumption and putting additional stress on existing infrastructure • soi is focused on addressing these industry challenges through its product offerings: o mobile sand silos for well site storage and delivery o mob

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