J-W Power Buys Enerven Compression
J-W Power Co. has acquired substantially all of the assets of Enerven Compression LLC and Worldwide Energy Solutions Co. LLC. All three firms are based in Dallas. Enerven has more than 400 natural gas compression packages totaling 175,000 hp (130 MW), mostly in the U.S. Mid-Continent and Barnett Shale regions. The company has five field offices and a third party maintenance, repair and refurbishment business. John Dutton, J-W Power’s operations manager, said, “The Enerven business will increase the already strong presence of J-W Power in the Mid-Continent. It will add value through the synergy of our existing compression leasing operations with Enerven and bring substantial expertise in third party aftermarket maintenance and refurbishment services.” J-W Power is a J-W Energy Co. subsidiary that specializes in leasing, sales and service of natural gas compression packages. The company said that it operates the largest privately-owned compression fleet in the nation. |
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