JMR Services and A-Plus P&A close merger and acquire BCM & Associates, creating the leading pure-play P&A service provider
JMR Services and A-Plus P&A close merger and acquire BCM & Associates, creating the leading pure-play P&A service provider
05/15/24, 1:14 PM
Location
texasJMR Services has closed the previously-announced merger with A-Plus P&A LLC and subsequently acquired BCM & Associates, Inc. This deal has resulted in the largest pure-play, full-service plug and abandonment (P&A) service provider in the nation. With the addition of BCM & Associates, JMR now operates a total of 34 full-service, plug and abandonment packages, and is well-positioned to offer customers an unparalleled one-stop-shop for P&A services, well site remediation/reclamation, and eventually methane emissions quantification, reduction, and monetization via 'carbon credits'.
Company Info
Location
Texas, United States
Company info
JMR Services is the leading pure-play, full-service plug and abandonment (P&A) service provider in the nation, with a strong focus on safety-centric operations. It operates a total of 34 full-service, plug and abandonment packages, and has a combined annual revenue run-rate of approximately $100 million, with enhanced cash flow and capacity for additional growth.